Compare Today’s Mortgage Rates for Lorain, Ohio

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Lorain, Ohio 44052. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $12,169 or $34 / month in Lorain and surrounding areas of Lorain county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Lorain, Ohio 44052.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

41.457796 -82.171039

Summary of Average Mortgage Terms in Lorain, Ohio 44052

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Lorain, OH

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Lorain, OH 44052, 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 Lorain, OH

Historical Mortgage Rates for Lorain, Ohio 44052 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Lorain, 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 Lorain, Ohio 44052

If you’re looking to buy a new home in Lorain, we have compiled a list of the leading mortgage brokers around Lorain, Ohio 44052 to help you with your search.

Name
Address
Contact

Ace Cash Express

1646 E 32nd St

Lorain OH 44052

(440) 366-0075

http://www.acecashexpress.com/

Cash Stop

2193 N Ridge Rd E

Lorain OH 44052

(440) 240-1110

sharptonerrecycling@sharpusa.com

Springleaf Financial Service

503 Washington Ave

Lorain OH 44052

(440) 244-2410

Ace Cash Express

3040 Oberlin Ave

Lorain OH 44052

(440) 989-2274

customerservice@acecashexpress.com

Consumers Mortgage Corporation

6155 Park Square Dr

Lorain OH 44052

(440) 985-1136

Address

1646 E 32nd St

Lorain OH

Contact

(440) 366-0075

http://www.acecashexpress.com/

Address

2193 N Ridge Rd E

Lorain OH

Contact

(440) 240-1110

sharptonerrecycling@sharpusa.com

Address

503 Washington Ave

Lorain OH

Contact

(440) 244-2410

News on Mortgages and Reverse Mortgages for Lorain, Ohio 44052