Compare Today’s Mortgage Rates for Bailey Island, Maine

Pureloan searches mortgage lenders and major banks in Bailey Island, Maine 04003 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $9,359 or $26 / month is expected in Bailey Island and other areas of Cumberland county.

Pureloan’s search engine explores all home mortgage options in Bailey Island, Maine 04003, 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

43.781932 -69.993709

Summary of Average Mortgage Terms in Bailey Island, Maine 04003

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Bailey Island, ME

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Bailey Island, ME 04003, 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.

Local Mortgage Rates for Bailey Island, ME

Historical Mortgage Rates for Bailey Island, Maine 04003 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Bailey Island, Maine and around Cumberland county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2014 2015 2016 2017 2018 2019 2020 2021
% 30 year fixed mortgage 87.25% 84.08% 86.29% 87.05% 89.57% 86.76% 89.38% 90.13%
avg mortgage rate 4.94% 4.68% 3.90% 4.00% 4.44% 4.11% 3.89% 4.08%
% 15 year fixed mortgage 9.27% 12.15% 9.79% 10.68% 7.86% 9.72% 7.93% 7.82%
avg mortgage rate 4.40% 3.94% 3.19% 3.10% 3.46% 3.22% 3.09% 3.18%
Avg credit score 761.54 764.61 764.20 761.82 756.84 756.84 753.43 753.18
Avg LTV (loan to value) 74.37% 74.96% 77.08% 78.75% 80.15% 79.47% 80.31% 80.54%
Avg DTI (debt to income) 32.43 32.04 31.99 32.54 33.15 33.66 33.76 33.93
% First time homebuyer 18.97% 16.27% 17.73% 19.94% 20.93% 21.96% 21.35% 20.86%
Avg mortgage insurance % 3.92% 4.66% 7.04% 8.94% 10.28% 10.68% 10.99% 10.85%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Bailey Island, Maine 04003

If you’re looking to buy a new home in Bailey Island, we have compiled a list of the leading mortgage brokers around Bailey Island, Maine 04003 to help you with your search.

Name
Address
Contact

Biddeford Pawn & Loan

193 Main St

Biddeford ME 04003

(207) 284-6500

sales@biddefordpawn.com

Beneficial Finance Corporation

20 Edwards Ave

Biddeford ME 04003

(207) 283-2827

http://www.beneficial.com

Brookfield Mortgage Co.

472 Portland Rd

Bridgton ME 04003

(207) 647-4440

info@e-brookfield.com

Franklin American Mortgage

7 Saco Rd

Alfred ME 04003

(207) 636-7083

http://franklinamerican.com

OneMain Financial

19 Hannaford Dr

Scarborough ME 04003

(207) 885-1594

http://branches.onemainfinancial.com/me/scarborough/19-hannaford-dr.html

Address

193 Main St

Biddeford ME

Contact

(207) 284-6500

sales@biddefordpawn.com

Address

20 Edwards Ave

Biddeford ME

Contact

(207) 283-2827

http://www.beneficial.com

Address

472 Portland Rd

Bridgton ME

Contact

(207) 647-4440

info@e-brookfield.com

News on Mortgages and Reverse Mortgages for Bailey Island, Maine 04003