Compare Today’s Mortgage Rates in Middletown, Rhode Island 02842
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Middletown, Rhode Island 02842.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Middletown, Rhode Island 02842. For a 30-year fixed loan, our calculations show that you can expect to save up to $31,400 over the lifetime of your mortgage, which translates to a monthly savings of $87 in Middletown and other areas of Newport county.
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Summary of Average Mortgages in Middletown, Rhode Island 02842
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Middletown, Rhode Island 02842
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Middletown, RI 02842. 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 Middletown, Rhode Island 02842 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Middletown, Rhode Island and around Newport 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 | 95.08% | 93.15% | 93.84% | 91.92% | 89.49% | 89.20% | 89.62% | 89.43% | 85.28% |
avg mortgage rate | 6.45% | 4.50% | 3.05% | 3.34% | 4.38% | 4.58% | 4.18% | 3.88% | 4.08% |
% 15 year fixed mortgage | 4.04% | 5.17% | 5.08% | 6.00% | 7.88% | 8.96% | 8.06% | 8.97% | 12.16% |
avg mortgage rate | 5.67% | 3.65% | 2.44% | 2.90% | 3.76% | 3.96% | 3.38% | 3.12% | 3.26% |
Avg credit score | 760.82 | 762.22 | 761.25 | 762.36 | 764.37 | 761.50 | 759.14 | 762.44 | 760.86 |
Avg LTV (loan to value) | 73.26% | 76.38% | 79.15% | 79.87% | 79.02% | 76.16% | 77.35% | 78.70% | 77.35% |
Avg DTI (debt to income) | 37.08 | 35.82 | 34.41 | 34.69 | 36.11 | 35.02 | 34.56 | 34.13 | 33.67 |
% First time homebuyer | 25.38% | 22.72% | 20.92% | 21.23% | 21.07% | 16.52% | 18.30% | 18.26% | 17.03% |
Avg mortgage insurance % | 8.43% | 9.21% | 10.21% | 10.78% | 9.84% | 7.21% | 7.55% | 8.93% | 7.46% |
Best Mortgage Brokers around Middletown, Rhode Island 02842
For those searching for a new home in Middletown, we have compiled a list of the top mortgage brokers located in and around Middletown, Rhode Island 02842 to assist you with your search.
Name
Address
Contact
Pride Mortgage
2 Corporate Pl
Middletown RI 02842
(401) 849-5700
Balanced Lending Corporation
1272 W Main Rd
Middletown RI 02842
(401) 845-0850
Advanced Financial Services
25 Enterprise Ctr
Middletown RI 02842
(401) 849-0892
available@www.afsfitfinance.com
Check 'n Go
1378 W Main Rd
Middletown RI 02842
(401) 851-6961
comments@checkngo.com
Atlanic Home Loans
575 E Main Rd
Middletown RI 02842
(401) 619-5313
gdevine@atlantichomeloans.com
Address
2 Corporate Pl
Middletown RI
Contact
(401) 849-5700
Address
1272 W Main Rd
Middletown RI
Contact
(401) 845-0850
Address
25 Enterprise Ctr
Middletown RI
Contact
(401) 849-0892
available@www.afsfitfinance.com