Compare Today’s Mortgage Rates in Waite Park, Minnesota 56388
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Waite Park, Minnesota 56388.
Our search engine thoroughly explores all home mortgage options in Waite Park, Minnesota 56388, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $6,305 in lifetime cash or $18 per month in Waite Park and other areas of Stearns county.
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Summary of Average Mortgages in Waite Park, Minnesota 56388
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Waite Park, Minnesota 56388
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Waite Park, MN 56388. 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 Waite Park, Minnesota 56388 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Waite Park, Minnesota and around Stearns 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 | 94.90% | 92.55% | 91.95% | 90.99% | 89.35% | 87.28% | 86.50% | 88.30% | 86.36% |
| avg mortgage rate | 6.57% | 4.68% | 2.98% | 3.27% | 4.27% | 4.57% | 4.10% | 3.82% | 4.01% |
| % 15 year fixed mortgage | 4.00% | 5.51% | 6.39% | 6.90% | 8.10% | 9.68% | 10.09% | 9.32% | 11.22% |
| avg mortgage rate | 5.77% | 3.87% | 2.37% | 2.77% | 3.68% | 3.92% | 3.33% | 3.06% | 3.18% |
| Avg credit score | 745.66 | 762.69 | 752.53 | 762.15 | 760.96 | 758.54 | 767.62 | 754.46 | 761.31 |
| Avg LTV (loan to value) | 83.93% | 83.78% | 84.16% | 84.74% | 83.96% | 81.72% | 82.90% | 83.67% | 83.27% |
| Avg DTI (debt to income) | 37.04 | 35.44 | 33.53 | 33.40 | 33.83 | 32.84 | 33.07 | 32.60 | 32.29 |
| % First time homebuyer | 45.79% | 38.78% | 33.15% | 36.77% | 34.40% | 26.51% | 27.04% | 24.29% | 23.91% |
| Avg mortgage insurance % | 15.10% | 14.52% | 14.50% | 15.08% | 13.81% | 11.60% | 12.68% | 13.88% | 13.33% |
Best Mortgage Brokers around Waite Park, Minnesota 56388
For those searching for a new home in Waite Park, we have compiled a list of the top mortgage brokers located in and around Waite Park, Minnesota 56388 to assist you with your search.
Name
Address
Contact
Home Net Mortgage
250 7th Ave N
Waite Park MN 56388
(320) 230-4663
http://www.sandyklocker.com
Custom Mortgage Services
24 Division St
Waite Park MN 56388
(320) 229-2675
http://www.cmsmn.com
Cambria Reverse Mortgage
4 13th Ave N
Waite Park MN 56388
(320) 281-3808
Team USA Mortgage
110 2nd St S
Waite Park MN 56388
(320) 654-2766
john.munson@teamusamtg.com
PrimeLending, A PlainsCapital Company
314 10th Ave S
Waite Park MN 56388
(320) 252-2727
https://lo.primelending.com/st.cloud
Address
250 7th Ave N
Waite Park MN
Contact
(320) 230-4663
http://www.sandyklocker.com
Address
24 Division St
Waite Park MN
Contact
(320) 229-2675
http://www.cmsmn.com
Address
4 13th Ave N
Waite Park MN
Contact
(320) 281-3808