Compare Today’s Mortgage Rates for Portsmouth, Rhode Island

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Portsmouth, Rhode Island 02871. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $14,928 or $41 / month in Portsmouth and other areas of Newport county.

Our search engine explores all home mortgage options in Portsmouth, Rhode Island 02871, 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 Portsmouth, Rhode Island 02871

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 Portsmouth, RI 02871, 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 Portsmouth, Rhode Island 02871 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Portsmouth, 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 Portsmouth, Rhode Island 02871

If you’re looking to buy a new home in Portsmouth, we have compiled a list of the leading mortgage brokers around Portsmouth, Rhode Island 02871 to help you with your search.

Name
Address
Contact

Bank Of Newport

481 Kingstown Rd

Wakefield RI 02871

(401) 782-8363

Merrimack Mortgage

50 S County Commons Way

Wakefield RI 02871

(401) 284-2555

Alpine Mortgage

50 S County Commons Way

Wakefield RI 02871

(401) 533-5102

Concord Funding Group

57 Watermark Dr

Tiverton RI 02871

(401) 625-5315

http://www.concordfunding.com

Merit Capital

1 Jackson Walkway

Providence RI 02871

(401) 421-7638

Address

481 Kingstown Rd

Wakefield RI

Contact

(401) 782-8363

Address

50 S County Commons Way

Wakefield RI

Contact

(401) 284-2555

Address

50 S County Commons Way

Wakefield RI

Contact

(401) 533-5102

News on Mortgages and Reverse Mortgages for Portsmouth, Rhode Island 02871