Compare Today’s Mortgage Rates for Norfolk, Virginia

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Norfolk, Virginia 23551. 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 $6,703 or $19 / month in Norfolk and surrounding areas of Norfolk City 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 Norfolk, Virginia 23551.

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Summary of Average Mortgage Terms in Norfolk, Virginia 23551

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 Norfolk, VA 23551, 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 Norfolk, Virginia 23551 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Norfolk, Virginia and around Norfolk City 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 94.01% 90.05% 90.02% 92.60% 91.35% 91.42% 94.05% 91.68%
avg mortgage rate 4.95% 4.66% 3.91% 3.99% 4.46% 4.13% 3.92% 4.07%
% 15 year fixed mortgage 4.55% 6.99% 8.29% 6.25% 6.71% 6.53% 4.63% 6.59%
avg mortgage rate 4.39% 3.96% 3.23% 3.07% 3.40% 3.25% 3.06% 3.31%
Avg credit score 761.60 764.45 760.46 757.74 751.13 751.12 747.76 751.92
Avg LTV (loan to value) 75.02% 76.20% 77.96% 79.41% 80.41% 80.52% 81.40% 80.40%
Avg DTI (debt to income) 34.33 33.44 33.53 33.33 34.72 35.10 35.25 36.44
% First time homebuyer 27.97% 28.09% 34.25% 35.62% 36.62% 39.41% 39.54% 34.14%
Avg mortgage insurance % 3.68% 6.16% 8.34% 10.11% 11.29% 11.99% 12.36% 10.85%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Norfolk, Virginia 23551

If you’re looking to buy a new home in Norfolk, we have compiled a list of the leading mortgage brokers around Norfolk, Virginia 23551 to help you with your search.

Name
Address
Contact

Ace Cash Express

1879 E Ocean View Ave

Norfolk VA 23551

(757) 531-2800

http://www.acecashexpress.com/

Dominion

2700 Cromwell Rd

Norfolk VA 23551

(757) 853-2000

Providence One Inc.

946 Jamestown Cres

Norfolk VA 23551

(757) 518-8202

http://providenceone.com

Ace Cash Express

1000 Park Ave

Norfolk VA 23551

(757) 624-8408

customerservice@acecashexpress.com

Check 'n Go

2301 Colley Ave

Norfolk VA 23551

(757) 446-4131

http://www.checkngo.com/

Address

1879 E Ocean View Ave

Norfolk VA

Contact

(757) 531-2800

http://www.acecashexpress.com/

Address

2700 Cromwell Rd

Norfolk VA

Contact

(757) 853-2000

Address

946 Jamestown Cres

Norfolk VA

Contact

(757) 518-8202

http://providenceone.com

News on Mortgages and Reverse Mortgages for Norfolk, Virginia 23551