Compare Today’s Mortgage Rates for Cornelius, North Carolina
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Cornelius, North Carolina 28031. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $8,871 or $25 / month in Cornelius and surrounding areas of Mecklenburg county.
Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Cornelius, North Carolina 28031.
Summary of Average Mortgage Terms in Cornelius, North Carolina 28031
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Cornelius, NC
To forecast and predict mortgage rates in Cornelius, NC 28031, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.
Historical Mortgage Rates for Cornelius, North Carolina 28031 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Cornelius, North Carolina and around Mecklenburg county to help you understand trends for your home purchase process. This data is produced from actual closed loans.
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|---|---|
| % 30 year fixed mortgage | 90.73% | 90.58% | 87.98% | 90.35% | 91.42% | 88.96% | 90.74% | 90.02% |
| avg mortgage rate | 4.93% | 4.65% | 3.89% | 3.96% | 4.43% | 4.10% | 3.91% | 4.11% |
| % 15 year fixed mortgage | 7.25% | 6.79% | 8.84% | 8.31% | 7.00% | 8.94% | 7.59% | 7.75% |
| avg mortgage rate | 4.29% | 3.94% | 3.17% | 3.13% | 3.45% | 3.25% | 3.08% | 3.26% |
| Avg credit score | 761.27 | 763.22 | 764.60 | 760.55 | 754.92 | 755.11 | 755.59 | 753.00 |
| Avg LTV (loan to value) | 74.77% | 76.48% | 78.79% | 80.36% | 81.50% | 81.77% | 81.89% | 81.24% |
| Avg DTI (debt to income) | 33.03 | 32.45 | 31.92 | 32.56 | 32.84 | 33.24 | 33.38 | 34.17 |
| % First time homebuyer | 28.06% | 22.92% | 25.74% | 33.90% | 32.00% | 30.48% | 29.55% | 30.21% |
| Avg mortgage insurance % | 4.28% | 5.51% | 8.64% | 10.70% | 12.12% | 12.19% | 12.27% | 11.98% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Cornelius, North Carolina 28031
If you’re looking to buy a new home in Cornelius, we have compiled a list of the leading mortgage brokers around Cornelius, North Carolina 28031 to help you with your search.
Name
Address
Contact
Beacon Funding
20225 N Main St
Cornelius NC 28031
(704) 892-9229
Mortgage Network
18505 Statesville Rd
Cornelius NC 28031
(704) 892-4409
Dover Mortgage Company
20723 Torrence Chapel Rd
Cornelius NC 28031
(704) 895-5200
stephennewsome@mainsalerealty.com
Starkey Mortgage
19721 Bethel Church Rd
Cornelius NC 28031
(704) 892-4838
Alpha Mortgage Corporation
8221 Village Harbor Dr
Cornelius NC 28031
(704) 892-4810
http://www.Alphamortgage.com
Address
20225 N Main St
Cornelius NC
Contact
(704) 892-9229
Address
18505 Statesville Rd
Cornelius NC
Contact
(704) 892-4409
Address
20723 Torrence Chapel Rd
Cornelius NC
Contact
(704) 895-5200
stephennewsome@mainsalerealty.com