Compare Today’s Mortgage Rates in Painesville, Ohio 44077
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Painesville, Ohio 44077.
Our search engine thoroughly explores all home mortgage options in Painesville, Ohio 44077, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $3,833 in lifetime cash or $11 per month in Painesville and other areas of Lake county.
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Summary of Average Mortgages in Painesville, Ohio 44077
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Painesville, Ohio 44077
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Painesville, OH 44077. 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 Painesville, Ohio 44077 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Painesville, Ohio and around Lake 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 Painesville, Ohio 44077
For those searching for a new home in Painesville, we have compiled a list of the top mortgage brokers located in and around Painesville, Ohio 44077 to assist you with your search.
Name
Address
Contact
Polo Funding
7408 Mountain Quail Pl
Painesville OH 44077
(440) 354-4809
Freedom Mortgage
41 W Erie St
Painesville OH 44077
(440) 352-0120
Union Capital Mortgage
41 W Erie St
Painesville OH 44077
(440) 352-0120
http://freedommortgage.com
American Midwest Mortgage
41 W Erie St
Painesville OH 44077
(440) 352-0120
info@freedommortgage.com
Evergreen Credit
2735 N Ridge Rd
Painesville OH 44077
(440) 358-0241
Address
7408 Mountain Quail Pl
Painesville OH
Contact
(440) 354-4809
Address
41 W Erie St
Painesville OH
Contact
(440) 352-0120
Address
41 W Erie St
Painesville OH
Contact
(440) 352-0120
http://freedommortgage.com