Compare Today’s Mortgage Rates in Welch, Minnesota 55089
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Welch, Minnesota 55089.
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 $18,080 over the lifetime of your 30-year fixed loan, or a monthly savings of $50 in Welch and other areas of Goodhue county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Welch, Minnesota 55089
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Welch, Minnesota 55089
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Welch, MN 55089. 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 Welch, Minnesota 55089 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Welch, Minnesota and around Goodhue 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 Welch, Minnesota 55089
For those searching for a new home in Welch, we have compiled a list of the top mortgage brokers located in and around Welch, Minnesota 55089 to assist you with your search.
Name
Address
Contact
Straight Talk Mortgage
18546 Lexington Ave NE
Wyoming MN 55089
(651) 466-0600
mcmarchio@straighttalkinc.net
Selg Mary-Straight Talk Realty
18546 Lexington Ave NE
Wyoming MN 55089
(651) 466-0600
http://www.straighttalkinc.com
M & M Mortgage
1700 Highway 36 W
Roseville MN 55089
(651) 639-9800
http://www.mmmortgage.com/
Progressive Lending Solutions
2277 Highway 36 W
Saint Paul MN 55089
(651) 636-2840
info@progressivels.com
Acceptance Mortgage
1711 County Rd
Saint Paul MN 55089
(651) 636-4660
http://www.commerce.state.mn.us
Address
18546 Lexington Ave NE
Wyoming MN
Contact
(651) 466-0600
mcmarchio@straighttalkinc.net
Address
18546 Lexington Ave NE
Wyoming MN
Contact
(651) 466-0600
http://www.straighttalkinc.com
Address
1700 Highway 36 W
Roseville MN
Contact
(651) 639-9800
http://www.mmmortgage.com/