Compare Today’s Mortgage Rates for Cape Elizabeth, Maine

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Cape Elizabeth, Maine 04107. 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 $14,510 or $40 / month in Cape Elizabeth and other areas of Cumberland county.

Our search engine explores all home mortgage options in Cape Elizabeth, Maine 04107, 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

43.601735 -70.230099

Summary of Average Mortgage Terms in Cape Elizabeth, Maine 04107

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Cape Elizabeth, ME

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Cape Elizabeth, ME 04107, 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 Cape Elizabeth, ME

Historical Mortgage Rates for Cape Elizabeth, Maine 04107 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Cape Elizabeth, Maine and around Cumberland 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 88.08% 84.27% 83.70% 85.53% 86.28% 85.94% 86.42% 84.05%
avg mortgage rate 4.92% 4.62% 3.90% 4.00% 4.44% 4.12% 3.93% 4.14%
% 15 year fixed mortgage 8.79% 11.08% 13.20% 12.11% 11.26% 11.12% 11.11% 12.27%
avg mortgage rate 4.36% 3.88% 3.13% 3.12% 3.40% 3.18% 3.00% 3.23%
Avg credit score 763.37 762.43 764.19 761.33 758.06 756.49 755.03 755.54
Avg LTV (loan to value) 76.69% 77.29% 79.58% 80.72% 81.41% 82.66% 82.05% 81.48%
Avg DTI (debt to income) 30.31 30.67 30.25 30.93 31.88 32.04 32.66 32.87
% First time homebuyer 29.68% 27.02% 27.82% 25.00% 32.37% 32.09% 31.60% 31.13%
Avg mortgage insurance % 4.91% 6.11% 9.26% 10.22% 11.97% 13.15% 12.59% 11.97%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Cape Elizabeth, Maine 04107

If you’re looking to buy a new home in Cape Elizabeth, we have compiled a list of the leading mortgage brokers around Cape Elizabeth, Maine 04107 to help you with your search.

Name
Address
Contact

Lighthouse Mortgage

299 Ocean House Rd

Cape Elizabeth ME 04107

(877) 672-5100

Merrimack Mortgage Company

305 Commercial St

Portland ME 04107

(207) 593-8767

Maine National Mortgage

25 Pearl St

Portland ME 04107

(207) 773-5850

Amal USA

118 Anderson St

Portland ME 04107

(207) 797-3377

Maine Home Mortgage

5 Milk St

Portland ME 04107

(207) 871-1001

info@mainehomemortgage.com

Address

299 Ocean House Rd

Cape Elizabeth ME

Contact

(877) 672-5100

Address

305 Commercial St

Portland ME

Contact

(207) 593-8767

Address

25 Pearl St

Portland ME

Contact

(207) 773-5850

News on Mortgages and Reverse Mortgages for Cape Elizabeth, Maine 04107