Compare Today’s Mortgage Rates in Berwick, Maine 03901

Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Berwick, Maine 03901.

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 $9,737 over the lifetime of your 30-year fixed loan, or a monthly savings of $27 in Berwick and other areas of York 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

43.28992 -70.855038 1262

Summary of Average Mortgages in Berwick, Maine 03901

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Berwick, Maine 03901

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Berwick, ME 03901. 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 Berwick, Maine 03901

Berwick is a town in York County, Maine, United States, situated in the southern part of the state beside the Salmon Falls River.

Today's South Berwick was set off from Berwick in 1814, North Berwick in 1831.

The population was 7,950 at the 2020 census. It is part of the Portland–South Portland–Biddeford, Maine metropolitan statistical area.

Berwick is a town in York County, Maine, United States, situated in the southern part of the state beside the Salmon Falls River.

Today's South Berwick was set off from Berwick in 1814, North Berwick in 1831.

The population was 7,950 at the 2020 census. It is part of the Portland–South Portland–Biddeford, Maine metropolitan statistical area. Read less

Historical Mortgage Rates in Berwick, Maine 03901 from 2024 - 2016

We have compiled mortgage rates charts for home loans in Berwick, Maine and around York 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 94.23% 91.01% 92.26% 93.69% 90.28% 90.35% 86.23% 88.89% 90.34%
avg mortgage rate 6.60% 4.70% 3.07% 3.32% 4.41% 4.61% 4.16% 3.88% 4.02%
% 15 year fixed mortgage 3.85% 6.85% 6.50% 4.37% 6.90% 6.75% 10.12% 10.10% 8.70%
avg mortgage rate 6.06% 3.74% 2.51% 2.88% 3.85% 4.16% 3.47% 3.04% 3.33%
Avg credit score 757.43 773.37 751.76 751.50 753.12 751.76 749.12 742.59 755.96
Avg LTV (loan to value) 83.12% 82.08% 83.85% 85.30% 83.10% 83.45% 83.13% 85.96% 83.91%
Avg DTI (debt to income) 37.21 34.79 33.30 33.53 33.28 32.96 32.05 32.32 31.03
% First time homebuyer 41.35% 32.12% 23.07% 35.19% 31.97% 24.76% 29.15% 29.29% 24.64%
Avg mortgage insurance % 16.11% 13.60% 14.56% 16.58% 13.95% 14.33% 14.79% 17.54% 14.43%

Source: Financial Report of the US Government

Best Mortgage Brokers around Berwick, Maine 03901

For those searching for a new home in Berwick, we have compiled a list of the top mortgage brokers located in and around Berwick, Maine 03901 to assist you with your search.

Name
Address
Contact

Seacoast Family Mortgage

775 US Route 1

York ME 03901

(207) 361-5363

http://www.seacoastfamilymortgage.com

Power Home Mortgage

226 York St

York ME 03901

(207) 351-8016

Seacoast Family Mortgage

55 Meadowlark Dr

York ME 03901

(207) 251-0633

http://seacoastreversemortgage.com

Salem Five Cents Mortgage

433 US Route 1

York ME 03901

(207) 363-8282

http://salemfive.com

PMAC Lending Services

433 US Route 1

York ME 03901

(207) 337-6048

linda.petersdrake@pmac.com

Address

775 US Route 1

York ME

Contact

(207) 361-5363

http://www.seacoastfamilymortgage.com

Address

226 York St

York ME

Contact

(207) 351-8016

Address

55 Meadowlark Dr

York ME

Contact

(207) 251-0633

http://seacoastreversemortgage.com

News on Mortgages and Reverse Mortgages for Berwick, Maine 03901