Compare Today’s Mortgage Rates for Brewer, Maine
Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Brewer, Maine 04412. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $23,032 or $64 / month in Brewer and other areas of Penobscot county.
Our search engine explores all home mortgage options in Brewer, Maine 04412, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
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Summary of Average Mortgage Terms in Brewer, Maine 04412
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Interactive Mortgage Rate Projections for Brewer, ME
To forecast and predict mortgage rates in Brewer, ME 04412, 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 Brewer, Maine 04412 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Brewer, Maine and around Penobscot 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 | 88.10% | 86.11% | 84.29% | 84.98% | 89.01% | 88.87% | 88.26% | 91.29% |
| avg mortgage rate | 4.92% | 4.65% | 3.87% | 3.98% | 4.46% | 4.14% | 3.95% | 4.13% |
| % 15 year fixed mortgage | 9.32% | 11.08% | 11.55% | 11.80% | 8.83% | 8.90% | 9.53% | 6.18% |
| avg mortgage rate | 4.33% | 3.90% | 3.13% | 3.07% | 3.45% | 3.26% | 3.09% | 3.35% |
| Avg credit score | 764.20 | 761.60 | 761.12 | 757.85 | 754.42 | 752.43 | 748.57 | 751.22 |
| Avg LTV (loan to value) | 77.20% | 78.49% | 79.82% | 81.45% | 83.49% | 83.86% | 84.12% | 83.42% |
| Avg DTI (debt to income) | 32.79 | 32.24 | 32.15 | 32.33 | 33.37 | 33.33 | 33.62 | 34.22 |
| % First time homebuyer | 31.76% | 28.14% | 28.93% | 30.41% | 35.89% | 36.48% | 33.02% | 35.11% |
| Avg mortgage insurance % | 4.91% | 6.71% | 8.10% | 10.41% | 12.99% | 14.10% | 14.15% | 13.27% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Brewer, Maine 04412
If you’re looking to buy a new home in Brewer, we have compiled a list of the leading mortgage brokers around Brewer, Maine 04412 to help 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