Compare Today’s Mortgage Rates in Dresden, Maine 04342
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Dresden, Maine 04342.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $8,794 over the lifetime of your 30-year fixed loan, or a monthly savings of $24 in Dresden and other areas of Lincoln county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Dresden, Maine 04342
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Dresden, Maine 04342
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Dresden, ME 04342. 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 Dresden, Maine 04342 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Dresden, 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 | 96.58% | 93.36% | 90.56% | 88.25% | 90.44% | 87.55% | 87.18% | 81.14% | 86.36% |
| avg mortgage rate | 6.53% | 4.77% | 3.08% | 3.38% | 4.42% | 4.63% | 4.16% | 3.84% | 4.07% |
| % 15 year fixed mortgage | 1.37% | 5.59% | 6.96% | 9.54% | 8.14% | 9.39% | 10.00% | 14.89% | 10.80% |
| avg mortgage rate | 5.94% | 3.81% | 2.43% | 2.75% | 3.82% | 3.96% | 3.46% | 2.94% | 3.18% |
| Avg credit score | 740.67 | 778.66 | 749.62 | 746.73 | 762.05 | 754.46 | 749.39 | 754.98 | 753.05 |
| Avg LTV (loan to value) | 82.73% | 84.93% | 84.37% | 85.36% | 84.02% | 81.47% | 83.48% | 82.50% | 83.29% |
| Avg DTI (debt to income) | 33.46 | 34.24 | 31.90 | 31.88 | 32.30 | 32.83 | 33.31 | 31.24 | 30.66 |
| % First time homebuyer | 41.10% | 33.39% | 35.03% | 35.10% | 34.87% | 24.45% | 26.67% | 30.52% | 34.38% |
| Avg mortgage insurance % | 13.43% | 14.33% | 14.26% | 15.02% | 13.81% | 11.80% | 11.99% | 11.88% | 12.57% |
Best Mortgage Brokers around Dresden, Maine 04342
For those searching for a new home in Dresden, we have compiled a list of the top mortgage brokers located in and around Dresden, Maine 04342 to assist you with your search.
Name
Address
Contact
Consumer Credit Protection Bur
76 Northern Ave
Gardiner ME 04342
(207) 624-8527
http://www.maine.gov/pfr/consumercredit/index.shtml
Kennebec Savings Bank
35 Bridge St
Gardiner ME 04342
(207) 588-5801
http://www.kennebecsavings.com
Mortgage Network
690 Maine Ave
Farmingdale ME 04342
(207) 213-4656
http://www.mortgagenetwork.com
Cross River Mortgage
690 Maine Ave
Farmingdale ME 04342
(207) 512-4909
http://crossrivermortgageme.com
Finance Authority Of Maine
5 Community Dr
Augusta ME 04342
(207) 623-3263
nextgen@famemaine.com
Address
76 Northern Ave
Gardiner ME
Contact
(207) 624-8527
http://www.maine.gov/pfr/consumercredit/index.shtml
Address
35 Bridge St
Gardiner ME
Contact
(207) 588-5801
http://www.kennebecsavings.com
Address
690 Maine Ave
Farmingdale ME
Contact
(207) 213-4656
http://www.mortgagenetwork.com