Compare Today’s Mortgage Rates for Colfax, North Dakota
Pureloan searches mortgage lenders and major banks in Colfax, North Dakota 58018 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 $9,956 or $28 / month is expected in Colfax and other areas of Richland county.
Pureloan’s search engine explores all home mortgage options in Colfax, North Dakota 58018, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Colfax, North Dakota 58018
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Colfax, ND
To forecast and predict mortgage rates in Colfax, ND 58018, 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 Colfax, North Dakota 58018 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Colfax, North Dakota and around Richland 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 | 86.19% | 77.39% | 82.23% | 88.15% | 87.62% | 87.74% | 88.84% | 86.96% |
| avg mortgage rate | 4.83% | 4.60% | 3.81% | 3.90% | 4.33% | 3.97% | 3.74% | 3.87% |
| % 15 year fixed mortgage | 10.88% | 15.58% | 13.59% | 10.43% | 9.38% | 9.30% | 7.71% | 10.87% |
| avg mortgage rate | 4.20% | 3.76% | 3.12% | 2.96% | 3.36% | 3.16% | 2.96% | 3.10% |
| Avg credit score | 760.97 | 766.85 | 759.20 | 751.82 | 752.67 | 752.67 | 747.91 | 753.47 |
| Avg LTV (loan to value) | 78.03% | 78.46% | 81.50% | 82.64% | 82.15% | 82.32% | 82.23% | 81.89% |
| Avg DTI (debt to income) | 33.22 | 32.27 | 32.15 | 33.19 | 33.54 | 33.77 | 33.72 | 34.78 |
| % First time homebuyer | 21.76% | 17.59% | 22.30% | 28.67% | 31.52% | 27.70% | 33.47% | 23.91% |
| Avg mortgage insurance % | 5.54% | 5.90% | 10.55% | 11.28% | 13.04% | 12.12% | 11.86% | 10.83% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Colfax, North Dakota 58018
If you’re looking to buy a new home in Colfax, we have compiled a list of the leading mortgage brokers around Colfax, North Dakota 58018 to help you with your search.
Name
Address
Contact
American Family Mortgage
435 Main Ave E
West Fargo ND 58018
(701) 476-1835
Advanced Family Mortgage
435 Main Ave E
West Fargo ND 58018
(701) 476-1835
Diversified Cash Note Service
911 9th Ave W
West Fargo ND 58018
(701) 281-7024
Wells Fargo Home Mortgage
1401 13th Ave E
West Fargo ND 58018
(701) 433-3660
fullertonp@banking.wellsfargo.com
Wells Fargo Home Mortgage
119 6th St N
Wahpeton ND 58018
(701) 671-1040
robert.maund@abbotdowning.com
Address
435 Main Ave E
West Fargo ND
Contact
(701) 476-1835
Address
435 Main Ave E
West Fargo ND
Contact
(701) 476-1835
Address
911 9th Ave W
West Fargo ND
Contact
(701) 281-7024