Compare Today’s Mortgage Rates for Payne, Ohio
Pureloan searches mortgage lenders and major banks in Payne, Ohio 45880 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 $5,695 or $16 / month is expected in Payne and other areas of Paulding county.
Pureloan’s search engine explores all home mortgage options in Payne, Ohio 45880, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Payne, Ohio 45880
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Payne, OH
To forecast and predict mortgage rates in Payne, OH 45880, 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.
Historical Mortgage Rates for Payne, Ohio 45880 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Payne, Ohio and around Paulding 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 | 85.80% | 81.55% | 82.21% | 82.91% | 84.66% | 85.22% | 82.63% | 82.19% |
| avg mortgage rate | 4.92% | 4.63% | 3.88% | 3.98% | 4.44% | 4.09% | 3.89% | 4.10% |
| % 15 year fixed mortgage | 10.24% | 12.24% | 14.61% | 14.43% | 11.46% | 11.40% | 13.40% | 12.72% |
| avg mortgage rate | 4.36% | 3.91% | 3.16% | 3.10% | 3.43% | 3.22% | 3.02% | 3.17% |
| Avg credit score | 765.84 | 764.52 | 764.45 | 762.59 | 756.61 | 756.54 | 755.53 | 751.72 |
| Avg LTV (loan to value) | 76.46% | 77.83% | 79.37% | 80.38% | 82.24% | 82.48% | 82.24% | 81.48% |
| Avg DTI (debt to income) | 31.16 | 30.64 | 30.04 | 30.81 | 32.46 | 33.09 | 32.60 | 34.24 |
| % First time homebuyer | 25.29% | 25.14% | 21.70% | 22.37% | 27.91% | 29.67% | 29.67% | 27.54% |
| Avg mortgage insurance % | 5.12% | 6.81% | 8.86% | 10.34% | 12.91% | 13.49% | 12.98% | 12.50% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Payne, Ohio 45880
If you’re looking to buy a new home in Payne, we have compiled a list of the leading mortgage brokers around Payne, Ohio 45880 to help you with your search.
Name
Address
Contact
Hometown Mortgage Lending Co.
111 S Main St
Saint Marys OH 45880
(419) 394-9110
Trans-America Mortgage
10988 State Route 364
Saint Marys OH 45880
(419) 394-3762
Address
111 S Main St
Saint Marys OH
Contact
(419) 394-9110
Address
10988 State Route 364
Saint Marys OH
Contact
(419) 394-3762