Compare Today’s Mortgage Rates in Champlin, Minnesota 55316
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Champlin, Minnesota 55316.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Champlin, Minnesota 55316. For a 30-year fixed loan, our calculations show that you can expect to save up to $15,117 over the lifetime of your mortgage, which translates to a monthly savings of $42 in Champlin and other areas of Hennepin county.
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Summary of Average Mortgages in Champlin, Minnesota 55316
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Champlin, Minnesota 55316
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Champlin, MN 55316. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Champlin, Minnesota 55316 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Champlin, Minnesota and around Hennepin county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| % 30 year fixed mortgage | 97.06% | 95.33% | 95.20% | 94.54% | 93.39% | 90.91% | 91.36% | 92.12% | 90.94% |
| avg mortgage rate | 6.44% | 4.65% | 2.99% | 3.30% | 4.26% | 4.58% | 4.14% | 3.86% | 4.05% |
| % 15 year fixed mortgage | 2.26% | 3.63% | 3.71% | 4.14% | 4.77% | 7.03% | 6.52% | 6.07% | 7.23% |
| avg mortgage rate | 5.66% | 3.77% | 2.38% | 2.89% | 3.75% | 3.96% | 3.33% | 3.07% | 3.23% |
| Avg credit score | 752.45 | 759.13 | 758.87 | 759.40 | 756.02 | 758.92 | 758.21 | 757.42 | 758.80 |
| Avg LTV (loan to value) | 83.89% | 83.71% | 84.34% | 84.90% | 83.84% | 80.84% | 82.50% | 83.94% | 83.85% |
| Avg DTI (debt to income) | 38.02 | 36.25 | 34.31 | 34.56 | 35.33 | 34.37 | 33.66 | 33.56 | 33.33 |
| % First time homebuyer | 52.90% | 48.15% | 45.07% | 46.28% | 42.78% | 31.55% | 34.06% | 35.67% | 35.25% |
| Avg mortgage insurance % | 15.16% | 14.54% | 14.49% | 15.09% | 13.98% | 10.94% | 12.62% | 14.34% | 14.38% |
Best Mortgage Brokers around Champlin, Minnesota 55316
For those searching for a new home in Champlin, we have compiled a list of the top mortgage brokers located in and around Champlin, Minnesota 55316 to assist you with your search.
Name
Address
Contact
Mortgagequest Plus
12201 Champlin Dr
Champlin MN 55316
(763) 712-3712
Knt Processing
11446 Edgewood Ave N
Champlin MN 55316
(763) 432-6421
Starr Lending
11217 Welcome Ave N
Champlin MN 55316
(763) 425-6334
Dyna Venture Mortgage
11350 Aquila Dr N
Champlin MN 55316
(763) 712-0467
First National Mortgage Sources
11187 Commerce Dr N
Champlin MN 55316
(763) 712-1569
http://www.mnmortgage.net
Address
12201 Champlin Dr
Champlin MN
Contact
(763) 712-3712
Address
11446 Edgewood Ave N
Champlin MN
Contact
(763) 432-6421
Address
11217 Welcome Ave N
Champlin MN
Contact
(763) 425-6334