Compare Today’s Mortgage Rates for New Orleans, Louisiana
Pureloan searches major banks and mortgage lenders finding the best mortgage rates in New Orleans, Louisiana 70182. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $8,082 or $22 / month in New Orleans and other areas of Orleans county.
Our search engine explores all home mortgage options in New Orleans, Louisiana 70182, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in New Orleans, Louisiana 70182
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for New Orleans, LA
To forecast and predict mortgage rates in New Orleans, LA 70182, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.
Historical Mortgage Rates for New Orleans, Louisiana 70182 from 2013 - 2020
We have compiled mortgage rate charts for home loans in New Orleans, Louisiana and around Orleans county to help you understand trends for your home purchase process. This data is produced from actual closed loans.
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|---|
| % 30 year fixed mortgage | 87.41% | 92.09% | 86.86% | 87.95% | 91.80% | 88.97% | 90.79% | 90.18% |
| avg mortgage rate | 4.93% | 4.73% | 3.89% | 3.93% | 4.48% | 4.13% | 3.98% | 4.13% |
| % 15 year fixed mortgage | 9.09% | 6.47% | 9.49% | 8.48% | 6.56% | 9.13% | 6.58% | 6.25% |
| avg mortgage rate | 4.29% | 4.01% | 3.27% | 3.08% | 3.49% | 3.34% | 3.32% | 3.79% |
| Avg credit score | 752.68 | 749.68 | 749.99 | 749.11 | 745.10 | 741.27 | 744.80 | 747.46 |
| Avg LTV (loan to value) | 75.06% | 79.22% | 82.02% | 81.84% | 84.06% | 83.20% | 83.45% | 80.18% |
| Avg DTI (debt to income) | 32.13 | 32.58 | 31.87 | 32.53 | 33.19 | 32.17 | 33.40 | 33.40 |
| % First time homebuyer | 32.17% | 27.34% | 29.93% | 36.61% | 36.07% | 29.66% | 29.39% | 27.68% |
| Avg mortgage insurance % | 5.87% | 7.81% | 10.99% | 12.21% | 14.67% | 14.02% | 13.42% | 9.45% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around New Orleans, Louisiana 70182
If you’re looking to buy a new home in New Orleans, we have compiled a list of the leading mortgage brokers around New Orleans, Louisiana 70182 to help you with your search.
Name
Address
Contact
Proper Financial Company
1100 Poydras St
New Orleans LA 70182
(504) 308-1444
max@properfinancial.com
Eustis Mortgage
1100 Poydras St
New Orleans LA 70182
(504) 586-0075
sunny@eustismortgage.com
Regional Home Loans
7230 Bullard Ave
New Orleans LA 70182
(504) 248-1801
Equity Metrix
701 Poydras St
New Orleans LA 70182
(504) 267-0332
Triumphant Mortgage
10001 Lake Forest Blvd
New Orleans LA 70182
(504) 246-6651
Address
1100 Poydras St
New Orleans LA
Contact
(504) 308-1444
max@properfinancial.com
Address
1100 Poydras St
New Orleans LA
Contact
(504) 586-0075
sunny@eustismortgage.com
Address
7230 Bullard Ave
New Orleans LA
Contact
(504) 248-1801