Compare Today’s Mortgage Rates for Cumberland, Rhode Island

Pureloan searches mortgage lenders and major banks in Cumberland, Rhode Island 02864 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 $10,995 or $31 / month is expected in Cumberland and other areas of Providence county.

Pureloan’s search engine explores all home mortgage options in Cumberland, Rhode Island 02864, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Cumberland, Rhode Island 02864

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Cumberland, RI 02864, 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 Cumberland, Rhode Island 02864 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Cumberland, Rhode Island and around Providence county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed mortgage 90.73% 90.58% 87.98% 90.35% 91.42% 88.96% 90.74% 90.02%
avg mortgage rate 4.93% 4.65% 3.89% 3.96% 4.43% 4.10% 3.91% 4.11%
% 15 year fixed mortgage 7.25% 6.79% 8.84% 8.31% 7.00% 8.94% 7.59% 7.75%
avg mortgage rate 4.29% 3.94% 3.17% 3.13% 3.45% 3.25% 3.08% 3.26%
Avg credit score 761.27 763.22 764.60 760.55 754.92 755.11 755.59 753.00
Avg LTV (loan to value) 74.77% 76.48% 78.79% 80.36% 81.50% 81.77% 81.89% 81.24%
Avg DTI (debt to income) 33.03 32.45 31.92 32.56 32.84 33.24 33.38 34.17
% First time homebuyer 28.06% 22.92% 25.74% 33.90% 32.00% 30.48% 29.55% 30.21%
Avg mortgage insurance % 4.28% 5.51% 8.64% 10.70% 12.12% 12.19% 12.27% 11.98%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Cumberland, Rhode Island 02864

If you’re looking to buy a new home in Cumberland, we have compiled a list of the leading mortgage brokers around Cumberland, Rhode Island 02864 to help you with your search.

Name
Address
Contact

Mortgage Group

3353 Mendon Rd

Cumberland RI 02864

(401) 405-3890

Jb Funding

10 Nate Whipple Hwy

Cumberland RI 02864

(401) 724-3762

Prospect Mortgage

2081 Diamond Hill Rd

Cumberland RI 02864

(401) 338-0704

Ne Moves Mortgage

1725 Mendon Rd

Cumberland RI 02864

(401) 334-9187

Anmc

3353 Mendon Rd

Cumberland RI 02864

(401) 405-3890

Address

3353 Mendon Rd

Cumberland RI

Contact

(401) 405-3890

Address

10 Nate Whipple Hwy

Cumberland RI

Contact

(401) 724-3762

Address

2081 Diamond Hill Rd

Cumberland RI

Contact

(401) 338-0704

News on Mortgages and Reverse Mortgages for Cumberland, Rhode Island 02864