Compare Today’s Mortgage Rates for West Salem, Ohio
Pureloan searches major banks and mortgage lenders finding the best mortgage rates in West Salem, Ohio 44287. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $6,160 or $17 / month in West Salem and other areas of Wayne county.
Our search engine explores all home mortgage options in West Salem, Ohio 44287, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in West Salem, Ohio 44287
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for West Salem, OH
To forecast and predict mortgage rates in West Salem, OH 44287, 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 West Salem, Ohio 44287 from 2014 - 2021
We have compiled mortgage rate charts for home loans in West Salem, Ohio and around Wayne 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 | 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 West Salem, Ohio 44287
If you’re looking to buy a new home in West Salem, we have compiled a list of the leading mortgage brokers around West Salem, Ohio 44287 to help you with your search.
Name
Address
Contact
Countrywide Funding
3250 W Market St
Fairlawn OH 44287
(330) 864-8373
Interstate Lending
68 Baker Blvd
Fairlawn OH 44287
(330) 835-4195
American Eagle Mortgage
3631 Brookwall Dr
Fairlawn OH 44287
(330) 668-9722
http://www.broadviewhomeloans.com
Gold Star Mtg Financial Group
150 N Miller Rd
Fairlawn OH 44287
(234) 571-2018
http://goldstarfinancial.com
Wells Fargo Home Mortgage
306 N Cleveland Massillon Rd
Akron OH 44287
(330) 670-5900
http://www.wellsfargo.com/mortgage/
Address
3250 W Market St
Fairlawn OH
Contact
(330) 864-8373
Address
68 Baker Blvd
Fairlawn OH
Contact
(330) 835-4195
Address
3631 Brookwall Dr
Fairlawn OH
Contact
(330) 668-9722
http://www.broadviewhomeloans.com