Compare Today’s Mortgage Rates in Springfield, Ohio 45506
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Springfield, Ohio 45506.
Our search engine thoroughly explores all home mortgage options in Springfield, Ohio 45506, 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 $2,558 in lifetime cash or $7 per month in Springfield and other areas of Clark county.
Summary of Average Mortgages in Springfield, Ohio 45506
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Interactive Mortgage Rate Projections for Springfield, Ohio 45506
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Springfield, OH 45506. 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 Springfield, Ohio 45506 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Springfield, Ohio and around Clark 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 | 94.75% | 90.59% | 89.18% | 87.18% | 84.28% | 80.83% | 82.88% | 81.47% | 80.55% |
avg mortgage rate | 6.62% | 4.68% | 3.06% | 3.33% | 4.32% | 4.60% | 4.08% | 3.75% | 3.99% |
% 15 year fixed mortgage | 2.62% | 7.07% | 8.51% | 9.99% | 12.46% | 13.97% | 13.31% | 14.57% | 15.63% |
avg mortgage rate | 5.92% | 3.97% | 2.44% | 2.81% | 3.66% | 3.97% | 3.27% | 2.96% | 3.08% |
Avg credit score | 736.80 | 740.16 | 762.71 | 751.98 | 753.04 | 750.31 | 757.21 | 746.79 | 753.65 |
Avg LTV (loan to value) | 85.21% | 84.57% | 84.79% | 85.21% | 84.17% | 82.69% | 82.92% | 83.12% | 83.26% |
Avg DTI (debt to income) | 34.49 | 33.80 | 32.61 | 31.81 | 32.28 | 31.60 | 31.56 | 30.92 | 29.96 |
% First time homebuyer | 51.31% | 44.13% | 39.09% | 41.70% | 43.73% | 34.87% | 31.63% | 30.13% | 27.80% |
Avg mortgage insurance % | 16.15% | 15.17% | 14.80% | 15.22% | 13.95% | 12.60% | 13.10% | 13.40% | 12.86% |
Best Mortgage Brokers around Springfield, Ohio 45506
For those searching for a new home in Springfield, we have compiled a list of the top mortgage brokers located in and around Springfield, Ohio 45506 to assist you with your search.
Mortgage 1
1021 N Limestone St
Springfield OH 45506
(937) 323-8300
American Equity Home Loans
2355 Derr Rd
Springfield OH 45506
(937) 323-9194
http://americanequity.com/
Falkner Bob AGT-Brower Insurance Agency A Marsh
1730 N Limestone St
Springfield OH 45506
(937) 399-5500
http://www.browerinsurance.com/
First Ohio Home Finance
1021 N Limestone St
Springfield OH 45506
(937) 322-3396
http://www.firstohiohome.com/
Loanmax Title Loans
2531 E Main St
Springfield OH 45506
(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/