Compare Today’s Mortgage Rates for Cleveland, Ohio

Pureloan searches mortgage lenders and major banks in Cleveland, Ohio 44118 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $22,661 or $63 / month is expected in Cleveland and other areas of Cuyahoga county.

Pureloan’s search engine explores all home mortgage options in Cleveland, Ohio 44118, 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 Cleveland, Ohio 44118

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Cleveland, OH

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Cleveland, OH 44118, 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 Cleveland, OH

Historical Mortgage Rates for Cleveland, Ohio 44118 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Cleveland, Ohio and around Cuyahoga county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2013 2014 2015 2016 2017 2018 2019 2020
% 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 Cleveland, Ohio 44118

If you’re looking to buy a new home in Cleveland, we have compiled a list of the leading mortgage brokers around Cleveland, Ohio 44118 to help you with your search.

Name
Address
Contact

Countrywide Home Loans

11423 Mayfield Rd

Cleveland OH 44118

(216) 707-2110

Rivervest Venture Partners

11000 Cedar Ave

Cleveland OH 44118

(216) 658-3982

http://www.rivervest.com/

NFM

2460 Fairmount Blvd

Cleveland OH 44118

(216) 229-8688

Ace Cash Express

10589 Saint Clair Ave

Cleveland OH 44118

(216) 851-8077

customerservice@acecashexpress.com

Ace Cash Express

5613 Broadway Ave

Cleveland OH 44118

(216) 206-4871

http://www.acecashexpress.com/

Address

11423 Mayfield Rd

Cleveland OH

Contact

(216) 707-2110

Address

11000 Cedar Ave

Cleveland OH

Contact

(216) 658-3982

http://www.rivervest.com/

Address

2460 Fairmount Blvd

Cleveland OH

Contact

(216) 229-8688

News on Mortgages and Reverse Mortgages for Cleveland, Ohio 44118