Compare Today’s Mortgage Rates in Worcester, New York 12197
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Worcester, New York 12197.
Our search engine thoroughly explores all home mortgage options in Worcester, New York 12197, 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 $12,460 in lifetime cash or $35 per month in Worcester and other areas of Otsego county.
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Summary of Average Mortgages in Worcester, New York 12197
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Worcester, New York 12197
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Worcester, NY 12197. 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 Worcester, New York 12197 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Worcester, New York and around Otsego 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 | 95.04% | 95.01% | 93.15% | 92.58% | 91.30% | 91.53% | 85.63% | 84.39% | 85.21% |
| avg mortgage rate | 6.52% | 4.35% | 3.07% | 3.45% | 4.37% | 4.47% | 4.00% | 3.73% | 3.96% |
| % 15 year fixed mortgage | 3.55% | 3.21% | 4.84% | 5.46% | 7.32% | 6.61% | 9.01% | 12.17% | 12.54% |
| avg mortgage rate | 5.63% | 3.51% | 2.47% | 2.98% | 3.98% | 3.73% | 3.21% | 2.95% | 3.14% |
| Avg credit score | 742.38 | 766.11 | 751.16 | 751.42 | 747.48 | 749.54 | 757.90 | 755.60 | 756.96 |
| Avg LTV (loan to value) | 83.55% | 84.91% | 85.68% | 86.24% | 85.24% | 84.31% | 83.17% | 84.31% | 82.84% |
| Avg DTI (debt to income) | 38.86 | 37.61 | 35.90 | 36.74 | 36.09 | 37.27 | 35.63 | 34.41 | 35.36 |
| % First time homebuyer | 60.28% | 54.72% | 49.06% | 52.84% | 50.57% | 42.86% | 37.75% | 30.16% | 31.83% |
| Avg mortgage insurance % | 14.45% | 15.21% | 15.95% | 17.02% | 14.98% | 14.33% | 12.26% | 13.67% | 13.21% |
Best Mortgage Brokers around Worcester, New York 12197
For those searching for a new home in Worcester, we have compiled a list of the top mortgage brokers located in and around Worcester, New York 12197 to assist you with your search.
Name
Address
Contact
Southworth Tees
1463 County Highway 39
Worcester NY 12197
(607) 397-9354
American Residential Mortgage
3 Winners Cir
Albany NY 12197
(518) 288-0200
Ameritrust National Mtg Bnkrs
435 New Karner Rd
Albany NY 12197
(518) 862-1414
Homeowners Advantage
18 Computer Dr E
Albany NY 12197
(518) 690-2232
sean_obrien@labor.state.ak.us
Onemain Financial
116 Wolf Rd
Albany NY 12197
(518) 489-3057
wecare@afsindia.com
Address
1463 County Highway 39
Worcester NY
Contact
(607) 397-9354
Address
3 Winners Cir
Albany NY
Contact
(518) 288-0200
Address
435 New Karner Rd
Albany NY
Contact
(518) 862-1414