Compare Today’s Mortgage Rates in Drake, North Dakota 58736
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Drake, North Dakota 58736.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Drake, North Dakota 58736. For a 30-year fixed loan, our calculations show that you can expect to save up to $2,622 over the lifetime of your mortgage, which translates to a monthly savings of $7 in Drake and other areas of Mchenry county.
Summary of Average Mortgages in Drake, North Dakota 58736
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Interactive Mortgage Rate Projections for Drake, North Dakota 58736
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Drake, ND 58736. 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.
Historical Mortgage Rates in Drake, North Dakota 58736 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Drake, North Dakota and around Mchenry 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 | 91.04% | 92.94% | 94.18% | 89.79% | 87.98% | 88.73% | 85.92% | 91.51% | |
avg mortgage rate | 3.96% | 3.75% | 3.98% | 4.35% | 3.95% | 3.87% | 4.44% | 4.85% | |
% 15 year fixed mortgage | 8.96% | 5.29% | 4.76% | 7.66% | 12.02% | 8.45% | 14.08% | 4.72% | |
avg mortgage rate | 3.15% | 2.90% | 3.22% | 3.32% | 3.05% | 3.16% | 3.90% | 4.03% | |
Avg credit score | 748.01 | 744.69 | 747.20 | 749.17 | 746.83 | 758.12 | 761.92 | 764.22 | |
Avg LTV (loan to value) | 84.96% | 84.76% | 84.92% | 85.04% | 82.98% | 79.44% | 78.56% | 80.37% | |
Avg DTI (debt to income) | 32.54 | 33.18 | 33.33 | 34.21 | 33.66 | 32.82 | 32.13 | 31.73 | |
% First time homebuyer | 28.36% | 37.65% | 33.33% | 35.74% | 30.60% | 19.01% | 16.90% | 21.70% | |
Avg mortgage insurance % | 14.03% | 13.97% | 15.51% | 15.00% | 12.73% | 8.68% | 5.66% | 8.62% |
Best Mortgage Brokers around Drake, North Dakota 58736
For those searching for a new home in Drake, we have compiled a list of the top mortgage brokers located in and around Drake, North Dakota 58736 to assist you with your search.
OneMain Financial
401 40th Ave SW
Minot ND 58736
(701) 839-7537
http://branches.onemainfinancial.com/nd/minot/401-40th-ave-sw.html
Elendingnow
1408 20th Ave SW
Minot ND 58736
(701) 838-3247
chadvogel@elendingnow.com
Check 'n Go
1524 S Broadway
Minot ND 58736
(701) 204-0739
comments@checkngo.com
Kirkwood Lending Center
1524 S Broadway
Minot ND 58736
(701) 838-2293
bank@kirkwoodbank.com
American Mortgage & Equity
1316 20th Ave SW
Minot ND 58736
(701) 838-3802
Address
401 40th Ave SW
Minot ND
Contact
(701) 839-7537
http://branches.onemainfinancial.com/nd/minot/401-40th-ave-sw.html
Address
1408 20th Ave SW
Minot ND
Contact
(701) 838-3247
chadvogel@elendingnow.com
Address
1524 S Broadway
Minot ND
Contact
(701) 204-0739
comments@checkngo.com