Compare Today’s Mortgage Rates for New Orleans, Louisiana

Pureloan searches mortgage lenders and major banks in New Orleans, Louisiana 70195 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $5,261 or $15 / month is expected in New Orleans and other areas of Jefferson county.

Pureloan’s search engine explores all home mortgage options in New Orleans, Louisiana 70195, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

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Summary of Average Mortgage Terms in New Orleans, Louisiana 70195

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in New Orleans, LA 70195, 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 70195 from 2012 - 2019

We have compiled mortgage rate charts for home loans in New Orleans, Louisiana and around Jefferson 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 70195

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 70195 to help you with your search.

Name
Address
Contact

Proper Financial Company

1100 Poydras St

New Orleans LA 70195

(504) 308-1444

max@properfinancial.com

Eustis Mortgage

1100 Poydras St

New Orleans LA 70195

(504) 586-0075

sunny@eustismortgage.com

Regional Home Loans

7230 Bullard Ave

New Orleans LA 70195

(504) 248-1801

Equity Metrix

701 Poydras St

New Orleans LA 70195

(504) 267-0332

Triumphant Mortgage

10001 Lake Forest Blvd

New Orleans LA 70195

(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

News on Mortgages and Reverse Mortgages for New Orleans, Louisiana 70195