Compare Today’s Mortgage Rates for Durham, North Carolina
Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Durham, North Carolina 27702. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $24,972 or $69 / month in Durham and other areas of Durham county.
Our search engine explores all home mortgage options in Durham, North Carolina 27702, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Durham, North Carolina 27702
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Durham, NC
To forecast and predict mortgage rates in Durham, NC 27702, 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 Durham, North Carolina 27702 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Durham, North Carolina and around Durham 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 | 91.49% | 89.74% | 91.32% | 89.25% | 92.52% | 88.79% | 92.54% | 91.48% |
| avg mortgage rate | 4.92% | 4.68% | 3.90% | 3.99% | 4.44% | 4.11% | 3.91% | 4.11% |
| % 15 year fixed mortgage | 5.41% | 7.95% | 5.88% | 8.54% | 5.73% | 8.29% | 5.51% | 6.69% |
| avg mortgage rate | 4.35% | 3.83% | 3.16% | 3.13% | 3.38% | 3.21% | 3.08% | 3.46% |
| Avg credit score | 762.44 | 761.64 | 760.09 | 757.04 | 751.73 | 752.31 | 750.78 | 749.63 |
| Avg LTV (loan to value) | 75.23% | 77.09% | 79.54% | 80.82% | 81.30% | 82.18% | 82.17% | 81.98% |
| Avg DTI (debt to income) | 33.15 | 32.78 | 31.82 | 32.15 | 34.11 | 33.78 | 34.28 | 34.63 |
| % First time homebuyer | 31.76% | 27.65% | 29.56% | 35.60% | 34.69% | 36.71% | 37.16% | 33.27% |
| Avg mortgage insurance % | 4.67% | 6.77% | 8.78% | 10.98% | 11.96% | 13.17% | 13.39% | 12.32% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Durham, North Carolina 27702
If you’re looking to buy a new home in Durham, we have compiled a list of the leading mortgage brokers around Durham, North Carolina 27702 to help you with your search.
Name
Address
Contact
Triangle Mortgage Solutions
520 S Duke St
Durham NC 27702
(919) 226-0801
Rbc Dain Rauscher
500 W Morgan St
Durham NC 27702
(919) 687-3794
http://rbcdain.com
Pinnacle Funding
905 W Main St
Durham NC 27702
(919) 281-0191
http://www.pinnaclefundinginc.com
Southbank
400 W Main St
Durham NC 27702
(919) 682-5531
http://southbankonline.com/
Center for Responsible Lending
302 W Main St
Durham NC 27702
(919) 956-4400
http://responsiblelending.org/
Address
520 S Duke St
Durham NC
Contact
(919) 226-0801
Address
500 W Morgan St
Durham NC
Contact
(919) 687-3794
http://rbcdain.com
Address
905 W Main St
Durham NC
Contact
(919) 281-0191
http://www.pinnaclefundinginc.com