Compare Today’s Mortgage Rates in Reidsville, North Carolina 27322

Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Reidsville, North Carolina 27322.

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 $9,466 over the lifetime of your 30-year fixed loan, or a monthly savings of $26 in Reidsville and other areas of Rockingham county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

36.343209 -79.664212 10865

Summary of Average Mortgages in Reidsville, North Carolina 27322

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Reidsville, North Carolina 27322

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Reidsville, NC 27322. 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.

Local Mortgage Rates in Reidsville, North Carolina 27322

Reidsville is a city in Rockingham County in the U.S. state of North Carolina. At the 2020 census, the city had a total population of 14,583. Reidsville is included in the Greensboro–High Point Metropolitan Statistical Area of the Piedmont Triad. Read more

Reidsville is a city in Rockingham County in the U.S. state of North Carolina. At the 2020 census, the city had a total population of 14,583. Reidsville is included in the Greensboro–High Point Metropolitan Statistical Area of the Piedmont Triad.

Reidsville was established in the early 19th century as an outpost and stop on the stage line that ran between Salisbury, North Carolina, and Danville, Virginia, and was originally known as Wright's Crossroads. The community grew from a single home and inn owned by the family of Reuben Reid, a local farmer, businessman, justice of the peace and father of David S. Reid), into a thriving farming community primarily supporting tobacco production and cigarette manufacturing. Reidsville was officially incorporated by the North Carolina State Legislature in 1873 and became a key location of the American Tobacco Company which employed large numbers of city and county residents. The American Tobacco Company was the mainstay of Reidsville economics until its sale and closure in 1994. Many textile mills were established in Reidsville as well, with Cone Mills and Burlington Industries, located in Burlington North Carolina, consolidating most of them in the mid-20th century, although most have now closed. Although Reidsville has experienced economic recession in recent years the community has enjoyed a renewal of growth as a sleeper city supplying a source of rural development for the surrounding larger cities. Read less

Historical Mortgage Rates in Reidsville, North Carolina 27322 from 2024 - 2016

We have compiled mortgage rates charts for home loans in Reidsville, North Carolina and around Rockingham 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 92.59% 90.93% 89.43% 87.12% 85.66% 83.09% 82.93% 82.36% 82.06%
avg mortgage rate 6.52% 4.55% 3.08% 3.43% 4.44% 4.63% 4.16% 3.92% 4.08%
% 15 year fixed mortgage 7.41% 6.68% 8.69% 10.47% 9.85% 11.00% 13.17% 13.70% 14.52%
avg mortgage rate 5.89% 3.78% 2.44% 2.91% 3.89% 3.99% 3.44% 3.17% 3.18%
Avg credit score 748.81 758.98 761.00 753.48 749.85 772.20 771.91 754.22 758.15
Avg LTV (loan to value) 80.04% 80.96% 83.08% 84.28% 83.25% 81.20% 81.23% 81.88% 80.87%
Avg DTI (debt to income) 35.69 34.88 32.95 32.56 32.85 33.35 32.56 31.32 31.67
% First time homebuyer 33.80% 30.81% 29.67% 28.69% 30.42% 25.45% 23.75% 25.00% 26.61%
Avg mortgage insurance % 12.59% 12.00% 13.44% 14.05% 13.45% 10.86% 10.73% 10.76% 10.57%

Source: Financial Report of the US Government

Best Mortgage Brokers around Reidsville, North Carolina 27322

For those searching for a new home in Reidsville, we have compiled a list of the top mortgage brokers located in and around Reidsville, North Carolina 27322 to assist you with your search.

Name
Address
Contact

American General Financial Svc

609 S Main St

Reidsville NC 27322

(336) 634-4925

First Mortgage-North Carolina

1266 N Scales St

Reidsville NC 27322

(336) 349-9754

Novastar Home Mortgage

3692 Nc Highway 14

Reidsville NC 27322

(336) 634-1166

http://novastaris.com

Welcome Finance

1405 Freeway Dr

Reidsville NC 27322

(336) 342-3434

https://www.wfcnc.com/

Horizon of Nc

1237 S Scales St

Reidsville NC 27322

(336) 361-4131

horizon-ncvp@triad.rr.com

Address

609 S Main St

Reidsville NC

Contact

(336) 634-4925

Address

1266 N Scales St

Reidsville NC

Contact

(336) 349-9754

Address

3692 Nc Highway 14

Reidsville NC

Contact

(336) 634-1166

http://novastaris.com

News on Mortgages and Reverse Mortgages for Reidsville, North Carolina 27322

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