Compare Today’s Mortgage Rates for Falmouth, Maine

Pureloan searches mortgage lenders and major banks in Falmouth, Maine 04105 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 $43,633 or $121 / month is expected in Falmouth and other areas of Cumberland county.

Pureloan’s search engine explores all home mortgage options in Falmouth, Maine 04105, 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

43.734038 -70.26253

Summary of Average Mortgage Terms in Falmouth, Maine 04105

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Falmouth, ME

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Falmouth, ME 04105, 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 Falmouth, ME

Historical Mortgage Rates for Falmouth, Maine 04105 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Falmouth, 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 Falmouth, Maine 04105

If you’re looking to buy a new home in Falmouth, we have compiled a list of the leading mortgage brokers around Falmouth, Maine 04105 to help you with your search.

Name
Address
Contact

Nelnet

16 Springbrook Ln

Falmouth ME 04105

(207) 878-6886

Cumberland County Mortgage

7 Hawks Xing

Falmouth ME 04105

(207) 878-8882

Carriage House Mortgage Company

170 US Route 1

Falmouth ME 04105

(207) 517-9499

Merrimack Mortgage Company

305 Commercial St

Portland ME 04105

(207) 593-8767

Maine National Mortgage

25 Pearl St

Portland ME 04105

(207) 773-5850

Address

16 Springbrook Ln

Falmouth ME

Contact

(207) 878-6886

Address

7 Hawks Xing

Falmouth ME

Contact

(207) 878-8882

Address

170 US Route 1

Falmouth ME

Contact

(207) 517-9499

News on Mortgages and Reverse Mortgages for Falmouth, Maine 04105