Compare Today’s Mortgage Rates for Monmouth, Oregon
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Monmouth, Oregon 97361. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $18,126 or $50 / month in Monmouth and surrounding areas of Polk county.
Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Monmouth, Oregon 97361.
Summary of Average Mortgage Terms in Monmouth, Oregon 97361
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Interactive Mortgage Rate Projections for Monmouth, OR
To forecast and predict mortgage rates in Monmouth, OR 97361, 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 Monmouth, Oregon 97361 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Monmouth, Oregon and around Polk 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 | 93.56% | 89.86% | 91.51% | 92.44% | 93.73% | 94.37% | 96.02% | 95.86% |
| avg mortgage rate | 4.89% | 4.63% | 3.90% | 4.02% | 4.47% | 4.13% | 3.94% | 4.11% |
| % 15 year fixed mortgage | 5.32% | 8.28% | 6.30% | 6.17% | 5.31% | 4.87% | 3.70% | 3.13% |
| avg mortgage rate | 4.31% | 3.89% | 3.28% | 3.13% | 3.52% | 3.32% | 3.19% | 3.42% |
| Avg credit score | 767.94 | 770.73 | 766.26 | 762.42 | 759.13 | 757.24 | 754.32 | 756.08 |
| Avg LTV (loan to value) | 73.50% | 75.90% | 78.33% | 79.56% | 80.08% | 80.55% | 79.87% | 79.07% |
| Avg DTI (debt to income) | 34.44 | 34.40 | 33.24 | 33.84 | 34.73 | 35.20 | 35.58 | 36.21 |
| % First time homebuyer | 28.45% | 28.36% | 26.28% | 24.92% | 31.23% | 33.67% | 34.58% | 32.29% |
| Avg mortgage insurance % | 3.19% | 5.02% | 8.29% | 9.65% | 10.62% | 11.44% | 10.42% | 9.46% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Monmouth, Oregon 97361
If you’re looking to buy a new home in Monmouth, we have compiled a list of the leading mortgage brokers around Monmouth, Oregon 97361 to help you with your search.
Mortgage Avenue
269 Pacific Ave N
Monmouth OR 97361
(503) 838-0743
http://www.cbs.state.or.us/dfcs
Eagle Home Mortgage
2039 N Coast Hwy
Newport OR 97361
(541) 265-9880
http://www.eaglehomemortgage.com/
Community Services Consortium
120 NE Avery St
Newport OR 97361
(541) 265-8505
http://www.communityservices.us
Holt Mortgage Services
905 SW Coast Hwy
Newport OR 97361
(541) 265-5038
http://holtmtg.com
Directors Mortgage
1600 N Coast Hwy
Newport OR 97361
(541) 265-4651
http://www.directorsmortgage.net/
Address
269 Pacific Ave N
Monmouth OR
Contact
(503) 838-0743
http://www.cbs.state.or.us/dfcs
Address
2039 N Coast Hwy
Newport OR
Contact
(541) 265-9880
http://www.eaglehomemortgage.com/
Address
120 NE Avery St
Newport OR
Contact
(541) 265-8505
http://www.communityservices.us