Compare Today’s Mortgage Rates in Wakefield, Virginia 23888
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Wakefield, Virginia 23888.
Our search engine thoroughly explores all home mortgage options in Wakefield, Virginia 23888, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $12,573 in lifetime cash or $35 per month in Wakefield and other areas of Sussex county.
Summary of Average Mortgages in Wakefield, Virginia 23888
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Interactive Mortgage Rate Projections for Wakefield, Virginia 23888
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Wakefield, VA 23888. 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 Wakefield, Virginia 23888 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Wakefield, Virginia and around Sussex 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 | 94.94% | 93.93% | 95.14% | 94.68% | 91.97% | 89.73% | 89.21% | 90.59% | 91.03% |
| avg mortgage rate | 6.40% | 4.62% | 3.05% | 3.44% | 4.45% | 4.70% | 4.21% | 4.00% | 4.17% |
| % 15 year fixed mortgage | 3.89% | 3.95% | 3.32% | 4.33% | 5.93% | 7.14% | 8.39% | 7.65% | 7.93% |
| avg mortgage rate | 5.80% | 4.09% | 2.67% | 2.94% | 3.91% | 4.07% | 3.55% | 3.18% | 3.37% |
| Avg credit score | 748.00 | 758.73 | 760.98 | 751.16 | 754.53 | 756.66 | 780.57 | 752.46 | 751.04 |
| Avg LTV (loan to value) | 80.70% | 83.43% | 84.57% | 84.30% | 83.01% | 81.04% | 81.93% | 84.58% | 83.02% |
| Avg DTI (debt to income) | 37.39 | 36.41 | 35.40 | 34.61 | 35.22 | 35.73 | 33.23 | 33.40 | 33.99 |
| % First time homebuyer | 41.63% | 38.26% | 32.74% | 31.81% | 30.02% | 18.97% | 19.42% | 32.94% | 28.97% |
| Avg mortgage insurance % | 13.00% | 14.19% | 15.50% | 15.24% | 13.39% | 12.13% | 12.64% | 14.96% | 13.04% |
Best Mortgage Brokers around Wakefield, Virginia 23888
For those searching for a new home in Wakefield, we have compiled a list of the top mortgage brokers located in and around Wakefield, Virginia 23888 to assist you with your search.
OneMain Financial
707 E Atlantic St
South Hill VA 23888
(434) 447-4640
http://branches.onemainfinancial.com/va/south-hill/707-east-atlantic-street.html
Springleaf Financial Services
1167 E Atlantic St
South Hill VA 23888
(434) 447-3173
https://www.springleaf.com/branches/VA/South-Hill/23970/1967
Southside Mortgage
508 E Atlantic St
South Hill VA 23888
(434) 447-3200
rodney@southsidemortgage.com
Loanmax Title Loans
609 E Atlantic St
South Hill VA 23888
(434) 264-5700
https://www.loanmaxtitleloans.net/Locations/VIRGINIA/South-Hill/609-E-Atlantic-St
Colonial Farm Credit
201 E Danville St
South Hill VA 23888
(434) 447-7147
http://www.colonialfarmcredit.com
Address
707 E Atlantic St
South Hill VA
Contact
(434) 447-4640
http://branches.onemainfinancial.com/va/south-hill/707-east-atlantic-street.html
Address
1167 E Atlantic St
South Hill VA
Contact
(434) 447-3173
https://www.springleaf.com/branches/VA/South-Hill/23970/1967
Address
508 E Atlantic St
South Hill VA
Contact
(434) 447-3200
rodney@southsidemortgage.com