Compare Today’s Mortgage Rates for Newport, Rhode Island

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Newport, Rhode Island 02841. 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 $19,690 or $55 / month in Newport and surrounding areas of Newport 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 Newport, Rhode Island 02841.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Newport, Rhode Island 02841

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 Newport, RI 02841, 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 Newport, Rhode Island 02841 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Newport, Rhode Island and around Newport 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 Newport, Rhode Island 02841

If you’re looking to buy a new home in Newport, we have compiled a list of the leading mortgage brokers around Newport, Rhode Island 02841 to help you with your search.

Name
Address
Contact

Embrace Home Loans

364 Bellevue Ave

Newport RI 02841

(401) 849-1956

Cobblestone Mortgage

37 Bellevue Ave

Newport RI 02841

(401) 848-0025

The Mortgage Source

39 Bellevue Ave

Newport RI 02841

(401) 845-0025

Wells Fargo Home Mortgage

210 Bellevue Ave

Newport RI 02841

(401) 848-0143

http://www.wellsfargo.com/mortgage/

Noah Anacleto Superior Mtg

494 Broadway

Newport RI 02841

(401) 847-4747

Address

364 Bellevue Ave

Newport RI

Contact

(401) 849-1956

Address

37 Bellevue Ave

Newport RI

Contact

(401) 848-0025

Address

39 Bellevue Ave

Newport RI

Contact

(401) 845-0025

News on Mortgages and Reverse Mortgages for Newport, Rhode Island 02841