Compare Today’s Mortgage Rates in Boothbay, Maine 04537
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Boothbay, Maine 04537.
Our search engine thoroughly explores all home mortgage options in Boothbay, Maine 04537, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $30,181 in lifetime cash or $84 per month in Boothbay and other areas of Lincoln county.
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Summary of Average Mortgages in Boothbay, Maine 04537
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Boothbay, Maine 04537
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Boothbay, ME 04537. 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.
Historical Mortgage Rates in Boothbay, Maine 04537 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Boothbay, Maine and around Lincoln 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 | 94.75% | 90.59% | 89.18% | 87.18% | 84.28% | 80.83% | 82.88% | 81.47% | 80.55% |
| avg mortgage rate | 6.62% | 4.68% | 3.06% | 3.33% | 4.32% | 4.60% | 4.08% | 3.75% | 3.99% |
| % 15 year fixed mortgage | 2.62% | 7.07% | 8.51% | 9.99% | 12.46% | 13.97% | 13.31% | 14.57% | 15.63% |
| avg mortgage rate | 5.92% | 3.97% | 2.44% | 2.81% | 3.66% | 3.97% | 3.27% | 2.96% | 3.08% |
| Avg credit score | 736.80 | 740.16 | 762.71 | 751.98 | 753.04 | 750.31 | 757.21 | 746.79 | 753.65 |
| Avg LTV (loan to value) | 85.21% | 84.57% | 84.79% | 85.21% | 84.17% | 82.69% | 82.92% | 83.12% | 83.26% |
| Avg DTI (debt to income) | 34.49 | 33.80 | 32.61 | 31.81 | 32.28 | 31.60 | 31.56 | 30.92 | 29.96 |
| % First time homebuyer | 51.31% | 44.13% | 39.09% | 41.70% | 43.73% | 34.87% | 31.63% | 30.13% | 27.80% |
| Avg mortgage insurance % | 16.15% | 15.17% | 14.80% | 15.22% | 13.95% | 12.60% | 13.10% | 13.40% | 12.86% |
Best Mortgage Brokers around Boothbay, Maine 04537
For those searching for a new home in Boothbay, we have compiled a list of the top mortgage brokers located in and around Boothbay, Maine 04537 to assist you with your search.
Name
Address
Contact
Primary Residential Mortgage
37 Court St
Bath ME 04537
(207) 370-6006
http://primaryresidentialmortgage.com
Wells Fargo Home Mortgage
2 Oak Grove Ave
Bath ME 04537
(207) 443-8726
http://www.wellsfargo.com/mortgage/
Address
37 Court St
Bath ME
Contact
(207) 370-6006
http://primaryresidentialmortgage.com
Address
2 Oak Grove Ave
Bath ME
Contact
(207) 443-8726
http://www.wellsfargo.com/mortgage/