Compare Today’s Mortgage Rates for Biddeford, Maine

Pureloan searches mortgage lenders and major banks in Biddeford, Maine 04007 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 $24,677 or $69 / month is expected in Biddeford and other areas of York county.

Pureloan’s search engine explores all home mortgage options in Biddeford, Maine 04007, 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

43.483647 -70.471928

Summary of Average Mortgage Terms in Biddeford, Maine 04007

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Biddeford, ME

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Biddeford, ME 04007, 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 Biddeford, ME

Historical Mortgage Rates for Biddeford, Maine 04007 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Biddeford, Maine and around York 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 Biddeford, Maine 04007

If you’re looking to buy a new home in Biddeford, we have compiled a list of the leading mortgage brokers around Biddeford, Maine 04007 to help you with your search.

Name
Address
Contact

Beneficial Finance Corporation

20 Edwards Ave

Biddeford ME 04007

(207) 283-2827

http://www.beneficial.com

Biddeford Pawn & Loan

193 Main St

Biddeford ME 04007

(207) 284-6500

sales@biddefordpawn.com

New England Moves Mortgage

82 Pleasant St

Brunswick ME 04007

(207) 721-0948

Key Bank

172 Maine St

Brunswick ME 04007

(207) 729-4161

http://key.com

Ace Cash Express

107 Pleasant St

Brunswick ME 04007

(207) 725-9031

customerservice@acecashexpress.com

Address

20 Edwards Ave

Biddeford ME

Contact

(207) 283-2827

http://www.beneficial.com

Address

193 Main St

Biddeford ME

Contact

(207) 284-6500

sales@biddefordpawn.com

Address

82 Pleasant St

Brunswick ME

Contact

(207) 721-0948

News on Mortgages and Reverse Mortgages for Biddeford, Maine 04007