Compare Today’s Mortgage Rates for Elyria, Ohio

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Elyria, Ohio 44036. 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 $4,649 or $13 / month in Elyria and other areas of Lorain county.

Our search engine explores all home mortgage options in Elyria, Ohio 44036, 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 Elyria, Ohio 44036

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Elyria, OH

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Elyria, OH 44036, 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 Elyria, OH

Historical Mortgage Rates for Elyria, Ohio 44036 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Elyria, 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 Elyria, Ohio 44036

If you’re looking to buy a new home in Elyria, we have compiled a list of the leading mortgage brokers around Elyria, Ohio 44036 to help you with your search.

Name
Address
Contact

Freedom Mortgage

10247 Dewhurst Rd

Elyria OH 44036

(440) 366-1107

treisz@freedommortgage.com

National Planning Corporation

246 Broad St

Elyria OH 44036

(440) 323-6789

http://natplan.com

Premier Mortgage

155 Yorkshire Ct

Elyria OH 44036

(440) 365-0091

Stoney Ridge Mortgage Co.

413 East Ave

Elyria OH 44036

(440) 323-0555

http://www.stoney-ridge.com

Eagle Loan Company of Ohio

633 Chestnut Commons Dr

Elyria OH 44036

(440) 281-9791

Address

10247 Dewhurst Rd

Elyria OH

Contact

(440) 366-1107

treisz@freedommortgage.com

Address

246 Broad St

Elyria OH

Contact

(440) 323-6789

http://natplan.com

Address

155 Yorkshire Ct

Elyria OH

Contact

(440) 365-0091

News on Mortgages and Reverse Mortgages for Elyria, Ohio 44036