Compare Today’s Mortgage Rates in Northfield, Minnesota 55057
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Northfield, Minnesota 55057.
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 Northfield, Minnesota 55057. For a 30-year fixed loan, our calculations show that you can expect to save up to $15,657 over the lifetime of your mortgage, which translates to a monthly savings of $43 in Northfield and other areas of Rice county.
Summary of Average Mortgages in Northfield, Minnesota 55057
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Interactive Mortgage Rate Projections for Northfield, Minnesota 55057
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Northfield, MN 55057. 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 Northfield, Minnesota 55057 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Northfield, Minnesota and around Rice 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 Northfield, Minnesota 55057
For those searching for a new home in Northfield, we have compiled a list of the top mortgage brokers located in and around Northfield, Minnesota 55057 to assist you with your search.
First Mortgage Financial Corporation
513 Water St S
Northfield MN 55057
(507) 664-0024
Farm Credit Mid-America
1260 5th St W
Northfield MN 55057
(507) 645-0552
http://www.e-farmcredit.com
Christensen Financial Services
705 Grundhoefer Ct
Northfield MN 55057
(507) 645-7362
Twin City Lending
213 Division St S
Northfield MN 55057
(507) 645-2810
Northfield Bancshares
1605 Heritage Dr
Northfield MN 55057
(507) 645-4441
http://community-resourcebank.com
Address
513 Water St S
Northfield MN
Contact
(507) 664-0024
Address
1260 5th St W
Northfield MN
Contact
(507) 645-0552
http://www.e-farmcredit.com
Address
705 Grundhoefer Ct
Northfield MN
Contact
(507) 645-7362