Compare Today’s Mortgage Rates for Dresden, Maine

Pureloan searches mortgage lenders and major banks in Dresden, Maine 04342 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $10,991 or $31 / month is expected in Dresden and other areas of Lincoln county.

Pureloan’s search engine explores all home mortgage options in Dresden, Maine 04342, 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

44.078507 -69.745726

Summary of Average Mortgage Terms in Dresden, Maine 04342

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Dresden, ME

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Dresden, ME 04342, 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 Dresden, ME

Historical Mortgage Rates for Dresden, Maine 04342 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Dresden, Maine and around Lincoln 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 88.24% 86.25% 86.66% 87.86% 89.76% 87.38% 88.76% 90.06%
avg mortgage rate 4.89% 4.64% 3.84% 3.96% 4.43% 4.08% 3.88% 4.11%
% 15 year fixed mortgage 8.66% 10.58% 10.21% 9.35% 7.71% 10.07% 8.69% 7.16%
avg mortgage rate 4.36% 3.86% 3.11% 3.10% 3.48% 3.19% 2.99% 3.27%
Avg credit score 762.57 763.05 762.45 761.54 756.03 754.16 750.83 751.37
Avg LTV (loan to value) 77.62% 79.07% 80.74% 82.48% 84.02% 83.27% 83.30% 81.85%
Avg DTI (debt to income) 31.92 31.47 30.64 31.68 32.78 33.07 33.51 34.38
% First time homebuyer 25.84% 28.65% 24.92% 26.72% 32.51% 34.85% 32.44% 33.83%
Avg mortgage insurance % 5.98% 7.87% 9.80% 11.97% 14.71% 13.97% 13.84% 12.13%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Dresden, Maine 04342

If you’re looking to buy a new home in Dresden, we have compiled a list of the leading mortgage brokers around Dresden, Maine 04342 to help 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

News on Mortgages and Reverse Mortgages for Dresden, Maine 04342