Compare Today’s Mortgage Rates in Bar Harbor, Maine 04609

Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Bar Harbor, Maine 04609.

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 $6,816 over the lifetime of your 30-year fixed loan, or a monthly savings of $19 in Bar Harbor and other areas of Hancock 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

44.373799 -68.244791 1556

Summary of Average Mortgages in Bar Harbor, Maine 04609

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Bar Harbor, Maine 04609

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Bar Harbor, ME 04609. 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 Bar Harbor, Maine 04609

Bar Harbor is a resort town on Mount Desert Island in Hancock County, Maine, United States. As of the 2020 census, its population is 5,089. During the summer and fall seasons, it is a popular tourist destination and, until a catastrophic fire in 1947, the town was a summer colony for the wealthy. Read more

Bar Harbor is a resort town on Mount Desert Island in Hancock County, Maine, United States. As of the 2020 census, its population is 5,089. During the summer and fall seasons, it is a popular tourist destination and, until a catastrophic fire in 1947, the town was a summer colony for the wealthy.

The town is home to the College of the Atlantic, Jackson Laboratory and MDI Biological Laboratory.

Bar Harbor is also home to the largest parts of Acadia National Park, including Cadillac Mountain, the highest point within 25 miles of the coastline of the eastern United States.From the mainland, Bar Harbor is accessible by road via Maine State Route 3, by air at Hancock County–Bar Harbor Airport, and by ferry from Winter Harbor, Maine, and Yarmouth, Nova Scotia. Read less

Historical Mortgage Rates in Bar Harbor, Maine 04609 from 2024 - 2016

We have compiled mortgage rates charts for home loans in Bar Harbor, Maine and around Hancock 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 92.84% 91.66% 90.93% 90.30% 89.73% 87.46% 86.57% 89.11% 87.05%
avg mortgage rate 6.42% 4.66% 3.03% 3.37% 4.42% 4.65% 4.20% 3.92% 4.12%
% 15 year fixed mortgage 6.05% 6.94% 7.54% 7.89% 8.27% 9.98% 10.48% 8.46% 9.97%
avg mortgage rate 5.58% 3.73% 2.44% 2.87% 3.78% 3.99% 3.39% 3.09% 3.27%
Avg credit score 753.65 763.04 760.68 759.57 757.59 755.69 752.42 756.80 756.35
Avg LTV (loan to value) 79.93% 81.14% 82.19% 83.25% 82.00% 81.53% 81.72% 83.09% 82.48%
Avg DTI (debt to income) 36.06 34.36 32.38 32.87 33.89 33.58 32.96 32.47 31.57
% First time homebuyer 41.26% 37.99% 33.18% 33.88% 30.53% 29.10% 27.86% 26.99% 29.11%
Avg mortgage insurance % 12.41% 12.60% 13.34% 14.12% 13.25% 12.21% 12.33% 13.96% 13.01%

Source: Financial Report of the US Government

Best Mortgage Brokers around Bar Harbor, Maine 04609

For those searching for a new home in Bar Harbor, we have compiled a list of the top mortgage brokers located in and around Bar Harbor, Maine 04609 to assist you with your search.

Name
Address
Contact

Wells Fargo Home Mortgage

11 Kennebec St

Bar Harbor ME 04609

(207) 288-9939

http://www.wellsfargo.com/mortgage/

Mdi Mortgage Group

27 Greeley Ave

Bar Harbor ME 04609

(207) 288-2881

http://www.mdimortgage.com/

Wells Fargo Home Mortgage

15 Main St

Blue Hill ME 04609

(207) 374-3640

http://www.wellsfargo.com/mortgage/

Wells Fargo Home Mortgage

9 Resort Way

Ellsworth ME 04609

(207) 664-0267

http://www.wellsfargo.com/mortgage/

Northeast Modular Homes

6 Forrest Ave

Ellsworth ME 04609

(207) 667-7727

http://www.northeastmodular.com

Address

11 Kennebec St

Bar Harbor ME

Contact

(207) 288-9939

http://www.wellsfargo.com/mortgage/

Address

27 Greeley Ave

Bar Harbor ME

Contact

(207) 288-2881

http://www.mdimortgage.com/

Address

15 Main St

Blue Hill ME

Contact

(207) 374-3640

http://www.wellsfargo.com/mortgage/

News on Mortgages and Reverse Mortgages for Bar Harbor, Maine 04609