Compare Today’s Mortgage Rates in Isle Of Wight, Virginia 23397

Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Isle Of Wight, Virginia 23397.

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 $16,853 over the lifetime of your 30-year fixed loan, or a monthly savings of $47 in Isle Of Wight and other areas of Isle Of Wight county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

36.836881 -76.732372 9344

Summary of Average Mortgages in Isle Of Wight, Virginia 23397

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Isle Of Wight, Virginia 23397

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Isle Of Wight, VA 23397. 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.

Local Mortgage Rates in Isle Of Wight, Virginia 23397

The Isle of Wight is an island in the English Channel, 2 to 5 miles off the coast of Hampshire, across the Solent. It is the largest and second-most populous island in England. Referred to as 'The Island' by residents, the Isle of Wight has resorts that have been popular holiday destinations since Victorian times. Read more

The Isle of Wight is an island in the English Channel, 2 to 5 miles off the coast of Hampshire, across the Solent. It is the largest and second-most populous island in England. Referred to as 'The Island' by residents, the Isle of Wight has resorts that have been popular holiday destinations since Victorian times. It is known for its mild climate, coastal scenery, and verdant landscape of fields, downland, and chines. The island is historically part of Hampshire and is designated a UNESCO Biosphere Reserve.

The island has been home to the poets Algernon Charles Swinburne and Alfred, Lord Tennyson. Queen Victoria built her summer residence and final home, Osborne House at East Cowes on the Isle. It has a maritime and industrial tradition of boat-building, sail-making, the manufacture of flying boats, hovercraft, and Britain's space rockets. The island hosts annual music festivals, including the Isle of Wight Festival, which in 1970 was the largest rock music event ever held. It has well-conserved wildlife and some of Europe's richest cliffs and quarries of dinosaur fossils.

The island has played an essential part in the defence of the ports of Southampton and Portsmouth and has been near the front line of conflicts through the ages, having faced the Spanish Armada and weathered the Battle of Britain. Being rural for most of its history, its Victorian fashionability and the growing affordability of holidays led to significant urban development during the late 19th and early 20th centuries.

The island became a separate administrative county in 1890, independent of Hampshire. It continued to share the Lord Lieutenant of Hampshire until 1974, when it was made a ceremonial county in its own right. The island no longer has administrative links to Hampshire. However, the two counties share their police force and fire and rescue service, and the island's Anglican churches belong to the Diocese of Portsmouth. A combined local authority with Portsmouth and Southampton was considered but was unlikely to proceed as of 2017.The quickest public transport link to the mainland is the hovercraft from Ryde to Southsea. Three vehicle ferries and two catamaran services cross the Solent to Southampton, Lymington, and Portsmouth via the island's largest ferry operator, Wightlink, and the island's second-largest ferry company, Red Funnel. Tourism is the largest industry on the island. Read less

Historical Mortgage Rates in Isle Of Wight, Virginia 23397 from 2024 - 2016

We have compiled mortgage rates charts for home loans in Isle Of Wight, Virginia and around Isle Of Wight 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 98.61% 94.46% 95.88% 94.62% 93.21% 90.41% 91.49% 93.32% 91.23%
avg mortgage rate 6.52% 4.63% 3.06% 3.38% 4.46% 4.70% 4.24% 3.97% 4.14%
% 15 year fixed mortgage 1.39% 4.06% 3.28% 4.13% 6.04% 7.43% 8.04% 5.25% 7.02%
avg mortgage rate 6.00% 3.40% 2.40% 2.96% 3.75% 3.93% 3.37% 3.20% 3.28%
Avg credit score 756.17 756.78 765.65 769.86 759.80 779.56 758.03 758.43 760.08
Avg LTV (loan to value) 81.33% 82.73% 83.55% 84.63% 82.08% 79.91% 81.36% 82.07% 80.65%
Avg DTI (debt to income) 39.50 37.10 34.80 35.00 34.95 36.26 35.18 34.25 34.91
% First time homebuyer 42.59% 35.18% 32.21% 32.42% 25.66% 24.22% 22.22% 30.79% 23.68%
Avg mortgage insurance % 14.25% 14.74% 14.74% 15.79% 13.36% 10.88% 12.16% 12.94% 11.27%

Source: Financial Report of the US Government

Best Mortgage Brokers around Isle Of Wight, Virginia 23397

For those searching for a new home in Isle Of Wight, we have compiled a list of the top mortgage brokers located in and around Isle Of Wight, Virginia 23397 to assist you with your search.

Name
Address
Contact

American Security Mortgage

5041 Corporate Woods Dr

Virginia Beach VA 23397

(757) 502-8280

sales@1asmc.com

Prosperity Mortgage

4701 Columbus St

Virginia Beach VA 23397

(757) 490-9200

kevinwhull@cs.com

Regional First Mortgage

4701 Columbus St

Virginia Beach VA 23397

(757) 490-9499

http://www.regionalfirstmortgage.com

Dragas Mortgage Co.

4538 Bonney Rd

Virginia Beach VA 23397

(757) 499-4303

info@dragasmortgage.com

Prospect Mortgage

4456 Corporation Ln

Virginia Beach VA 23397

(757) 671-2103

https://www.prospectmortgagedirect.com/

Address

5041 Corporate Woods Dr

Virginia Beach VA

Contact

(757) 502-8280

sales@1asmc.com

Address

4701 Columbus St

Virginia Beach VA

Contact

(757) 490-9200

kevinwhull@cs.com

Address

4701 Columbus St

Virginia Beach VA

Contact

(757) 490-9499

http://www.regionalfirstmortgage.com

News on Mortgages and Reverse Mortgages for Isle Of Wight, Virginia 23397