Compare Today’s Mortgage Rates in Avon Lake, Ohio 44012
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Avon Lake, Ohio 44012.
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 Avon Lake, Ohio 44012. For a 30-year fixed loan, our calculations show that you can expect to save up to $4,555 over the lifetime of your mortgage, which translates to a monthly savings of $13 in Avon Lake and other areas of Lorain county.
Summary of Average Mortgages in Avon Lake, Ohio 44012
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Interactive Mortgage Rate Projections for Avon Lake, Ohio 44012
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Avon Lake, OH 44012. 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 Avon Lake, Ohio 44012 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Avon Lake, Ohio and around Lorain 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 | 95.47% | 93.27% | 92.74% | 92.29% | 90.99% | 88.99% | 90.62% | 88.32% | 88.22% |
avg mortgage rate | 6.55% | 4.67% | 3.08% | 3.43% | 4.42% | 4.61% | 4.17% | 3.96% | 4.14% |
% 15 year fixed mortgage | 3.90% | 5.26% | 5.80% | 5.84% | 7.38% | 8.68% | 6.32% | 9.61% | 9.52% |
avg mortgage rate | 5.81% | 3.67% | 2.44% | 2.86% | 3.76% | 3.97% | 3.45% | 3.10% | 3.25% |
Avg credit score | 754.38 | 754.71 | 750.71 | 754.59 | 751.59 | 751.75 | 751.31 | 753.40 | 752.04 |
Avg LTV (loan to value) | 83.05% | 83.54% | 83.98% | 84.68% | 84.06% | 82.63% | 83.70% | 84.40% | 84.02% |
Avg DTI (debt to income) | 36.65 | 35.28 | 34.41 | 34.58 | 34.87 | 34.65 | 33.85 | 33.85 | 33.13 |
% First time homebuyer | 50.79% | 43.28% | 40.11% | 41.59% | 41.12% | 32.94% | 36.67% | 33.93% | 38.87% |
Avg mortgage insurance % | 14.98% | 14.13% | 14.52% | 15.18% | 13.90% | 12.96% | 13.99% | 14.53% | 14.27% |
Best Mortgage Brokers around Avon Lake, Ohio 44012
For those searching for a new home in Avon Lake, we have compiled a list of the top mortgage brokers located in and around Avon Lake, Ohio 44012 to assist you with your search.
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