Compare Today’s Mortgage Rates for Westlake, Ohio
Pureloan searches mortgage lenders and major banks in Westlake, Ohio 44145 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 $15,842 or $44 / month is expected in Westlake and other areas of Cuyahoga county.
Pureloan’s search engine explores all home mortgage options in Westlake, Ohio 44145, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Westlake, Ohio 44145
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Westlake, OH
To forecast and predict mortgage rates in Westlake, OH 44145, 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 Westlake, Ohio 44145 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Westlake, Ohio and around Cuyahoga 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 Westlake, Ohio 44145
If you’re looking to buy a new home in Westlake, we have compiled a list of the leading mortgage brokers around Westlake, Ohio 44145 to help you with your search.
Name
Address
Contact
New World Mortgage
31015 Center Ridge Rd
Westlake OH 44145
(440) 250-1501
http://newworldmortgage.org
Nexthome
29077 Clemens Rd
Westlake OH 44145
(440) 808-3800
http://www.nexthome.com/
Woodside Mortgage
25000 Center Ridge Rd
Westlake OH 44145
(440) 617-9368
contact@woodsidemortgage.com
Infinite Capital
1520 Cedarwood Dr
Westlake OH 44145
(440) 250-8565
American Equity Services
896 Corporate Way
Westlake OH 44145
(440) 925-4585
Address
31015 Center Ridge Rd
Westlake OH
Contact
(440) 250-1501
http://newworldmortgage.org
Address
29077 Clemens Rd
Westlake OH
Contact
(440) 808-3800
http://www.nexthome.com/
Address
25000 Center Ridge Rd
Westlake OH
Contact
(440) 617-9368
contact@woodsidemortgage.com