Compare Today’s Mortgage Rates in Reading, Pennsylvania 19602
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Reading, Pennsylvania 19602.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $6,705 over the lifetime of your 30-year fixed loan, or a monthly savings of $19 in Reading and other areas of Berks county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Reading, Pennsylvania 19602
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Reading, Pennsylvania 19602
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Reading, PA 19602. 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 Reading, Pennsylvania 19602 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Reading, Pennsylvania and around Berks 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 | 94.32% | 93.63% | 93.88% | 93.88% | 90.74% | 90.39% | 90.56% | 93.10% | 90.04% |
avg mortgage rate | 6.34% | 4.53% | 2.97% | 3.31% | 4.28% | 4.56% | 4.15% | 3.90% | 4.07% |
% 15 year fixed mortgage | 4.71% | 5.14% | 4.99% | 4.98% | 7.05% | 7.48% | 8.15% | 5.85% | 8.52% |
avg mortgage rate | 5.48% | 3.52% | 2.34% | 2.84% | 3.71% | 4.00% | 3.30% | 3.10% | 3.20% |
Avg credit score | 755.66 | 764.51 | 757.28 | 760.42 | 762.50 | 757.90 | 756.65 | 755.20 | 757.08 |
Avg LTV (loan to value) | 80.31% | 81.25% | 82.21% | 82.46% | 81.73% | 80.63% | 81.40% | 83.05% | 81.21% |
Avg DTI (debt to income) | 37.20 | 35.26 | 33.77 | 33.64 | 34.94 | 34.99 | 34.25 | 33.70 | 33.75 |
% First time homebuyer | 55.19% | 51.92% | 48.74% | 48.90% | 47.22% | 43.07% | 44.05% | 48.54% | 45.06% |
Avg mortgage insurance % | 12.73% | 12.50% | 12.89% | 13.28% | 12.46% | 11.12% | 11.43% | 13.17% | 11.78% |
Best Mortgage Brokers around Reading, Pennsylvania 19602
For those searching for a new home in Reading, we have compiled a list of the top mortgage brokers located in and around Reading, Pennsylvania 19602 to assist you with your search.
Name
Address
Contact
National Loan Investors
2613 Hampden Blvd
Reading PA 19602
(610) 929-3586
Heckman Financial Consultants
2508 Jefferson Ave
Reading PA 19602
(610) 678-8778
Asset Mortgage
25 Stevens Ave
Reading PA 19602
(610) 670-2700
email@yahoo.com
Global Mortgage Service
531 Canal St
Reading PA 19602
(610) 373-8680
info@weareglobal.com
National Funding Source-Is
300 S 5th St
Reading PA 19602
(610) 406-5850
Address
2613 Hampden Blvd
Reading PA
Contact
(610) 929-3586
Address
2508 Jefferson Ave
Reading PA
Contact
(610) 678-8778
Address
25 Stevens Ave
Reading PA
Contact
(610) 670-2700
email@yahoo.com