Compare Today’s Mortgage Rates for Springfield, Ohio
Pureloan searches mortgage lenders and major banks in Springfield, Ohio 45502 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 $6,160 or $17 / month is expected in Springfield and other areas of Clark county.
Pureloan’s search engine explores all home mortgage options in Springfield, Ohio 45502, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Springfield, Ohio 45502


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Interactive Mortgage Rate Projections for Springfield, OH
To forecast and predict mortgage rates in Springfield, OH 45502, 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 Springfield, Ohio 45502 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Springfield, Ohio and around Clark 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 Springfield, Ohio 45502
If you’re looking to buy a new home in Springfield, we have compiled a list of the leading mortgage brokers around Springfield, Ohio 45502 to help you with your search.
Mortgage 1
1021 N Limestone St
Springfield OH 45502
(937) 323-8300
American Equity Home Loans
2355 Derr Rd
Springfield OH 45502
(937) 323-9194
http://americanequity.com/
Falkner Bob AGT-Brower Insurance Agency A Marsh
1730 N Limestone St
Springfield OH 45502
(937) 399-5500
http://www.browerinsurance.com/
First Ohio Home Finance
1021 N Limestone St
Springfield OH 45502
(937) 322-3396
http://www.firstohiohome.com/
Loanmax Title Loans
2531 E Main St
Springfield OH 45502
(937) 398-7525
https://www.loanmaxtitleloans.net/Locations/OHIO/Springfield/2531-E-Main-Street
Address
1021 N Limestone St
Springfield OH
Contact
(937) 323-8300
Address
2355 Derr Rd
Springfield OH
Contact
(937) 323-9194
http://americanequity.com/
Address
1730 N Limestone St
Springfield OH
Contact
(937) 399-5500
http://www.browerinsurance.com/