Compare Today’s Mortgage Rates in Newport, Minnesota 55055
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Newport, Minnesota 55055.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $15,657 over the lifetime of your 30-year fixed loan, or a monthly savings of $43 in Newport and other areas of Washington county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
Summary of Average Mortgages in Newport, Minnesota 55055
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Interactive Mortgage Rate Projections for Newport, Minnesota 55055
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Newport, MN 55055. 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 Newport, Minnesota 55055 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Newport, Minnesota and around Washington 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 Newport, Minnesota 55055
For those searching for a new home in Newport, we have compiled a list of the top mortgage brokers located in and around Newport, Minnesota 55055 to assist you with your search.
Mr Mortgage
2154 Hastings Ave
Newport MN 55055
(651) 459-1645
Checks R Us
745 High St
Newport MN 55055
(651) 459-4411
http://www.chex-r-us.com
OneMain Financial
1015 W Frontage Rd
Owatonna MN 55055
(507) 451-0751
http://branches.onemainfinancial.com/mn/owatonna/1015-w-frontage-road.html
Prime Mortgage
660 W Bridge St
Owatonna MN 55055
(507) 451-6961
admin@newvcorp.com
Cars N Credit
422 Hoffman Dr
Owatonna MN 55055
(507) 451-3661
win@cars-n-credit.com
Address
2154 Hastings Ave
Newport MN
Contact
(651) 459-1645
Address
745 High St
Newport MN
Contact
(651) 459-4411
http://www.chex-r-us.com
Address
1015 W Frontage Rd
Owatonna MN
Contact
(507) 451-0751
http://branches.onemainfinancial.com/mn/owatonna/1015-w-frontage-road.html