Compare Today’s Mortgage Rates in Brewer, Maine 04412
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Brewer, Maine 04412.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Brewer, Maine 04412. For a 30-year fixed loan, our calculations show that you can expect to save up to $11,671 over the lifetime of your mortgage, which translates to a monthly savings of $32 in Brewer and other areas of Penobscot county.
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Summary of Average Mortgages in Brewer, Maine 04412
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Brewer, Maine 04412
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Brewer, ME 04412. 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 Brewer, Maine 04412 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Brewer, Maine and around Penobscot 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 | 95.47% | 93.27% | 92.74% | 92.29% | 90.99% | 88.99% | 90.62% | 88.32% | 88.22% |
| avg mortgage rate | 6.55% | 4.67% | 3.08% | 3.43% | 4.42% | 4.61% | 4.17% | 3.96% | 4.14% |
| % 15 year fixed mortgage | 3.90% | 5.26% | 5.80% | 5.84% | 7.38% | 8.68% | 6.32% | 9.61% | 9.52% |
| avg mortgage rate | 5.81% | 3.67% | 2.44% | 2.86% | 3.76% | 3.97% | 3.45% | 3.10% | 3.25% |
| Avg credit score | 754.38 | 754.71 | 750.71 | 754.59 | 751.59 | 751.75 | 751.31 | 753.40 | 752.04 |
| Avg LTV (loan to value) | 83.05% | 83.54% | 83.98% | 84.68% | 84.06% | 82.63% | 83.70% | 84.40% | 84.02% |
| Avg DTI (debt to income) | 36.65 | 35.28 | 34.41 | 34.58 | 34.87 | 34.65 | 33.85 | 33.85 | 33.13 |
| % First time homebuyer | 50.79% | 43.28% | 40.11% | 41.59% | 41.12% | 32.94% | 36.67% | 33.93% | 38.87% |
| Avg mortgage insurance % | 14.98% | 14.13% | 14.52% | 15.18% | 13.90% | 12.96% | 13.99% | 14.53% | 14.27% |
Best Mortgage Brokers around Brewer, Maine 04412
For those searching for a new home in Brewer, we have compiled a list of the top mortgage brokers located in and around Brewer, Maine 04412 to assist you with your search.
Name
Address
Contact
Mortgage Express
146 Parkway S
Brewer ME 04412
(207) 262-2362
First Choice Mortgage Of Maine
731 Wilson St
Brewer ME 04412
(207) 989-7766
georgev@firstchoiceofmaine.com
Simons & Leoni Home
336 Horseback Rd
Carmel ME 04412
(207) 735-2603
Pine Tree Mortgage
676 Broadway
Bangor ME 04412
(207) 991-5000
Benchmark Mortgage
458 Main St
Bangor ME 04412
(207) 941-1150
http://www.bangormtg.com
Address
146 Parkway S
Brewer ME
Contact
(207) 262-2362
Address
731 Wilson St
Brewer ME
Contact
(207) 989-7766
georgev@firstchoiceofmaine.com
Address
336 Horseback Rd
Carmel ME
Contact
(207) 735-2603