Compare Today’s Mortgage Rates for Sheffield Lake, Ohio

Pureloan searches mortgage lenders and major banks in Sheffield Lake, Ohio 44054 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 $8,797 or $24 / month is expected in Sheffield Lake and other areas of Lorain county.

Pureloan’s search engine explores all home mortgage options in Sheffield Lake, Ohio 44054, 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 Sheffield Lake, Ohio 44054

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Sheffield Lake, OH

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Sheffield Lake, OH 44054, 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 Sheffield Lake, OH

Historical Mortgage Rates for Sheffield Lake, Ohio 44054 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Sheffield Lake, Ohio and around Lorain 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 Sheffield Lake, Ohio 44054

If you’re looking to buy a new home in Sheffield Lake, we have compiled a list of the leading mortgage brokers around Sheffield Lake, Ohio 44054 to help you with your search.

Name
Address
Contact

Onemain Financial

501 E Aurora Rd

Macedonia OH 44054

(330) 468-3331

http://www.onemainfinancial.com

Coastal Credit

8536 Crow Dr

Macedonia OH 44054

(330) 908-0422

contact@coastalcreditllc.com

Check 'n Go

509 E Aurora Rd

Macedonia OH 44054

(330) 467-8780

http://www.checkngo.com/

Stewart Financial

9735 Valley View Rd

Macedonia OH 44054

(330) 468-0977

Woods Mortgage Group

8536 Crow Dr

Macedonia OH 44054

(330) 908-0012

Address

501 E Aurora Rd

Macedonia OH

Contact

(330) 468-3331

http://www.onemainfinancial.com

Address

8536 Crow Dr

Macedonia OH

Contact

(330) 908-0422

contact@coastalcreditllc.com

Address

509 E Aurora Rd

Macedonia OH

Contact

(330) 467-8780

http://www.checkngo.com/

News on Mortgages and Reverse Mortgages for Sheffield Lake, Ohio 44054