Compare Today’s Mortgage Rates for Bingham, Maine
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Bingham, Maine 04920. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $12,723 or $35 / month in Bingham and surrounding areas of Somerset county.
Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Bingham, Maine 04920.
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Summary of Average Mortgage Terms in Bingham, Maine 04920
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APR
Expected Savings
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Interactive Mortgage Rate Projections for Bingham, ME
To forecast and predict mortgage rates in Bingham, ME 04920, 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.
Historical Mortgage Rates for Bingham, Maine 04920 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Bingham, Maine and around Somerset 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 | 81.91% | 77.75% | 76.36% | 78.51% | 83.42% | 82.95% | 83.89% | 84.30% |
| avg mortgage rate | 4.88% | 4.67% | 3.91% | 4.00% | 4.43% | 4.09% | 3.89% | 4.11% |
| % 15 year fixed mortgage | 13.07% | 17.16% | 17.73% | 17.56% | 13.48% | 13.35% | 12.68% | 12.45% |
| avg mortgage rate | 4.29% | 3.86% | 3.13% | 3.22% | 3.49% | 3.23% | 3.07% | 3.32% |
| Avg credit score | 765.70 | 760.39 | 762.48 | 758.51 | 754.58 | 754.10 | 746.51 | 749.94 |
| Avg LTV (loan to value) | 77.27% | 78.81% | 80.10% | 81.43% | 82.46% | 82.09% | 83.18% | 83.26% |
| Avg DTI (debt to income) | 30.51 | 30.30 | 30.37 | 30.49 | 31.59 | 31.94 | 32.58 | 32.59 |
| % First time homebuyer | 24.15% | 20.78% | 19.90% | 26.25% | 25.23% | 23.80% | 24.77% | 27.08% |
| Avg mortgage insurance % | 4.47% | 6.92% | 7.78% | 9.47% | 12.01% | 11.43% | 12.51% | 12.29% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Bingham, Maine 04920
If you’re looking to buy a new home in Bingham, we have compiled a list of the leading mortgage brokers around Bingham, Maine 04920 to help you with your search.
Name
Address
Contact
Apex Lending
10 Common St
Waterville ME 04920
(207) 872-5808
Stephen F Jordan Mtg Brokers
47 Main St
Waterville ME 04920
(207) 872-0826
http://www.refinancemaine.com/
OneMain Financial
14 Waterville Commons Dr
Waterville ME 04920
(207) 873-3276
http://www.onemainfinancial.com/
Griffin Associates
10 Center St
Waterville ME 04920
(207) 872-8689
Andrew Trask
113 Easy St
Pittsfield ME 04920
(207) 487-5900
Address
10 Common St
Waterville ME
Contact
(207) 872-5808
Address
47 Main St
Waterville ME
Contact
(207) 872-0826
http://www.refinancemaine.com/
Address
14 Waterville Commons Dr
Waterville ME
Contact
(207) 873-3276
http://www.onemainfinancial.com/