Compare Today’s Mortgage Rates for Elon, North Carolina

Pureloan searches mortgage lenders and major banks in Elon, North Carolina 27244 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $2,199 or $6 / month is expected in Elon and other areas of Alamance county.

Pureloan’s search engine explores all home mortgage options in Elon, North Carolina 27244, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Elon, North Carolina 27244

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Elon, NC

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Elon, NC 27244, 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.

Local Mortgage Rates for Elon, NC

Historical Mortgage Rates for Elon, North Carolina 27244 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Elon, North Carolina and around Alamance county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2013 2014 2015 2016 2017 2018 2019 2020
% 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 Elon, North Carolina 27244

If you’re looking to buy a new home in Elon, we have compiled a list of the leading mortgage brokers around Elon, North Carolina 27244 to help you with your search.

Name
Address
Contact

Prime Mortgage Lending

2977 Crouse Ln

Burlington NC 27244

(336) 538-9894

kgarton@goprime.com

Mortgage Stonegate

1403 Eastchester Dr

High Point NC 27244

(336) 804-3000

Bencharge Credit Services Of North Carolina

312 Huffman Mill Rd

Burlington NC 27244

(336) 584-0120

Beneficial North Carolina

312 Huffman Mill Rd

Burlington NC 27244

(336) 584-0102

Carolina Residential Mortgage

2607 Holly Hill St

Burlington NC 27244

(336) 538-0770

http://www.carolinaresidential.com/

Address

2977 Crouse Ln

Burlington NC

Contact

(336) 538-9894

kgarton@goprime.com

Address

1403 Eastchester Dr

High Point NC

Contact

(336) 804-3000

Address

312 Huffman Mill Rd

Burlington NC

Contact

(336) 584-0120

News on Mortgages and Reverse Mortgages for Elon, North Carolina 27244