Compare Today’s Mortgage Rates for Norman, North Carolina
Pureloan searches mortgage lenders and major banks in Norman, North Carolina 28367 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 $4,164 or $12 / month is expected in Norman and other areas of Richmond county.
Pureloan’s search engine explores all home mortgage options in Norman, North Carolina 28367, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Norman, North Carolina 28367
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Norman, NC
To forecast and predict mortgage rates in Norman, NC 28367, 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 Norman, North Carolina 28367 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Norman, North Carolina and around Richmond 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 Norman, North Carolina 28367
If you’re looking to buy a new home in Norman, we have compiled a list of the leading mortgage brokers around Norman, North Carolina 28367 to help you with your search.
Name
Address
Contact
Pinehurst Mortgage
5 Chinquapin Rd
Pinehurst NC 28367
(910) 255-0700
jsurface@pinehurstmortgage.com
Wells Fargo Home Mortgage
90 Cherokee Rd
Pinehurst NC 28367
(910) 295-1259
http://www.wellsfargo.com/mortgage/
Residential Mortgage
300 Kelly Rd
Pinehurst NC 28367
(910) 215-8848
Primary Capital Advisors
101 Market Sq
Pinehurst NC 28367
(910) 215-5518
http://equity-services.com
Semper Home Loans
300 Kelly Rd
Pinehurst NC 28367
(910) 215-0549
Address
5 Chinquapin Rd
Pinehurst NC
Contact
(910) 255-0700
jsurface@pinehurstmortgage.com
Address
90 Cherokee Rd
Pinehurst NC
Contact
(910) 295-1259
http://www.wellsfargo.com/mortgage/
Address
300 Kelly Rd
Pinehurst NC
Contact
(910) 215-8848