Compare Today’s Mortgage Rates for Avon Lake, Ohio

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Avon Lake, Ohio 44012. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $17,650 or $49 / month in Avon Lake and other areas of Lorain county.

Our search engine explores all home mortgage options in Avon Lake, Ohio 44012, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Avon Lake, Ohio 44012

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Avon Lake, OH

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Avon Lake, OH 44012, 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.

Local Mortgage Rates for Avon Lake, OH

Historical Mortgage Rates for Avon Lake, Ohio 44012 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Avon Lake, Ohio and around Lorain 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 88.10% 86.11% 84.29% 84.98% 89.01% 88.87% 88.26% 91.29%
avg mortgage rate 4.92% 4.65% 3.87% 3.98% 4.46% 4.14% 3.95% 4.13%
% 15 year fixed mortgage 9.32% 11.08% 11.55% 11.80% 8.83% 8.90% 9.53% 6.18%
avg mortgage rate 4.33% 3.90% 3.13% 3.07% 3.45% 3.26% 3.09% 3.35%
Avg credit score 764.20 761.60 761.12 757.85 754.42 752.43 748.57 751.22
Avg LTV (loan to value) 77.20% 78.49% 79.82% 81.45% 83.49% 83.86% 84.12% 83.42%
Avg DTI (debt to income) 32.79 32.24 32.15 32.33 33.37 33.33 33.62 34.22
% First time homebuyer 31.76% 28.14% 28.93% 30.41% 35.89% 36.48% 33.02% 35.11%
Avg mortgage insurance % 4.91% 6.71% 8.10% 10.41% 12.99% 14.10% 14.15% 13.27%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Avon Lake, Ohio 44012

If you’re looking to buy a new home in Avon Lake, we have compiled a list of the leading mortgage brokers around Avon Lake, Ohio 44012 to help you with your search.

Name
Address
Contact

Family Home Mortgage

680 Moore Rd

Avon Lake OH 44012

(440) 933-7100

http://www.familyhomemortgage.com

Gold Medal Mortgage

37490 Harvest Ave

Avon OH 44012

(440) 934-2100

gmm@neohio.twcbc.com

Primary Residential

36311 Detroit Rd

Avon OH 44012

(440) 934-1244

eheath@primeres.com

Dollar Bank

35946 Detroit Rd

Avon OH 44012

(440) 937-7540

http://dollarbank.com

Insured Closing

33434 Liberty Pkwy

North Ridgeville OH 44012

(330) 721-2852

Address

680 Moore Rd

Avon Lake OH

Contact

(440) 933-7100

http://www.familyhomemortgage.com

Address

37490 Harvest Ave

Avon OH

Contact

(440) 934-2100

gmm@neohio.twcbc.com

Address

36311 Detroit Rd

Avon OH

Contact

(440) 934-1244

eheath@primeres.com

News on Mortgages and Reverse Mortgages for Avon Lake, Ohio 44012