Compare Today’s Mortgage Rates in Rochester, New York 14602
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Rochester, New York 14602.
Our search engine thoroughly explores all home mortgage options in Rochester, New York 14602, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $15,244 in lifetime cash or $42 per month in Rochester and other areas of Monroe county.
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Summary of Average Mortgages in Rochester, New York 14602
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Rochester, New York 14602
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Rochester, NY 14602. 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 Rochester, New York 14602 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Rochester, New York and around Monroe 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 | 95.90% | 93.53% | 92.24% | 90.89% | 87.67% | 84.34% | 84.13% | 83.63% | 81.75% |
avg mortgage rate | 6.56% | 4.67% | 3.07% | 3.42% | 4.39% | 4.67% | 4.14% | 3.88% | 4.04% |
% 15 year fixed mortgage | 3.07% | 5.52% | 6.43% | 7.22% | 9.68% | 12.72% | 11.44% | 13.89% | 13.99% |
avg mortgage rate | 5.76% | 3.66% | 2.62% | 3.01% | 3.88% | 3.98% | 3.49% | 3.21% | 3.28% |
Avg credit score | 751.01 | 754.37 | 752.08 | 754.27 | 751.44 | 753.66 | 757.77 | 756.76 | 765.96 |
Avg LTV (loan to value) | 84.55% | 85.06% | 85.01% | 85.94% | 84.93% | 82.79% | 82.52% | 82.74% | 82.20% |
Avg DTI (debt to income) | 36.45 | 35.32 | 34.54 | 34.29 | 35.42 | 34.74 | 34.50 | 33.85 | 34.56 |
% First time homebuyer | 57.58% | 55.41% | 49.28% | 55.64% | 54.07% | 47.85% | 45.00% | 39.78% | 42.73% |
Avg mortgage insurance % | 14.19% | 13.97% | 13.78% | 15.68% | 14.08% | 11.96% | 11.46% | 11.78% | 11.48% |
Best Mortgage Brokers around Rochester, New York 14602
For those searching for a new home in Rochester, we have compiled a list of the top mortgage brokers located in and around Rochester, New York 14602 to assist you with your search.
Name
Address
Contact
Northmarq Capital
1800 One Hsbc Plz
Rochester NY 14602
(585) 262-2100
http://www.northmarq.com
First Funding Network
2164 Hudson Ave
Rochester NY 14602
(585) 482-0100
Ekcc
100 Kings Hwy S
Rochester NY 14602
(585) 339-7000
High Falls Capital
129 Armstrong Ave
Rochester NY 14602
(585) 342-5850
Frontier Mortgage of Ny
15 Goethals Dr
Rochester NY 14602
(585) 453-9000
Address
1800 One Hsbc Plz
Rochester NY
Contact
(585) 262-2100
http://www.northmarq.com
Address
2164 Hudson Ave
Rochester NY
Contact
(585) 482-0100
Address
100 Kings Hwy S
Rochester NY
Contact
(585) 339-7000