Compare Today’s Mortgage Rates in Falmouth, Maine 04105
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Falmouth, Maine 04105.
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 $7,214 over the lifetime of your 30-year fixed loan, or a monthly savings of $20 in Falmouth and other areas of Cumberland county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
43.734038
-70.26253
1355
Summary of Average Mortgages in Falmouth, Maine 04105
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Falmouth, Maine 04105
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Falmouth, Maine 04105
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Falmouth, ME 04105. 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 Falmouth, Maine 04105 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Falmouth, Maine and around Cumberland 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 | 93.84% | 92.28% | 92.46% | 90.07% | 88.36% | 83.95% | 83.66% | 84.91% | 84.50% |
avg mortgage rate | 6.41% | 4.56% | 3.01% | 3.36% | 4.37% | 4.64% | 4.20% | 3.94% | 4.11% |
% 15 year fixed mortgage | 4.47% | 6.07% | 6.15% | 8.14% | 9.62% | 11.75% | 12.13% | 12.33% | 11.79% |
avg mortgage rate | 5.63% | 3.55% | 2.47% | 2.88% | 3.80% | 3.96% | 3.32% | 2.98% | 3.16% |
Avg credit score | 749.68 | 757.65 | 756.14 | 759.94 | 756.86 | 752.26 | 755.41 | 754.14 | 756.00 |
Avg LTV (loan to value) | 81.14% | 82.53% | 83.40% | 84.14% | 83.06% | 81.29% | 82.60% | 82.64% | 83.44% |
Avg DTI (debt to income) | 36.00 | 34.56 | 32.58 | 32.97 | 33.10 | 33.14 | 32.51 | 32.21 | 31.55 |
% First time homebuyer | 41.45% | 36.52% | 34.69% | 35.71% | 32.54% | 26.53% | 28.84% | 30.57% | 30.07% |
Avg mortgage insurance % | 13.58% | 13.89% | 13.63% | 14.54% | 13.76% | 12.25% | 13.03% | 13.58% | 14.02% |
Best Mortgage Brokers around Falmouth, Maine 04105
For those searching for a new home in Falmouth, we have compiled a list of the top mortgage brokers located in and around Falmouth, Maine 04105 to assist 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