Compare Today’s Mortgage Rates for Farmington Falls, Maine
Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Farmington Falls, Maine 04940. 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 $14,031 or $39 / month in Farmington Falls and other areas of Franklin county.
Our search engine explores all home mortgage options in Farmington Falls, Maine 04940, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
44.645803
-70.013927
Summary of Average Mortgage Terms in Farmington Falls, Maine 04940
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Farmington Falls, Maine 04940
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Farmington Falls, ME
To forecast and predict mortgage rates in Farmington Falls, ME 04940, 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.
Historical Mortgage Rates for Farmington Falls, Maine 04940 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Farmington Falls, Maine and around Franklin 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 | 81.91% | 77.75% | 76.36% | 78.51% | 83.42% | 82.95% | 83.89% | 84.30% |
| avg mortgage rate | 4.88% | 4.67% | 3.91% | 4.00% | 4.43% | 4.09% | 3.89% | 4.11% |
| % 15 year fixed mortgage | 13.07% | 17.16% | 17.73% | 17.56% | 13.48% | 13.35% | 12.68% | 12.45% |
| avg mortgage rate | 4.29% | 3.86% | 3.13% | 3.22% | 3.49% | 3.23% | 3.07% | 3.32% |
| Avg credit score | 765.70 | 760.39 | 762.48 | 758.51 | 754.58 | 754.10 | 746.51 | 749.94 |
| Avg LTV (loan to value) | 77.27% | 78.81% | 80.10% | 81.43% | 82.46% | 82.09% | 83.18% | 83.26% |
| Avg DTI (debt to income) | 30.51 | 30.30 | 30.37 | 30.49 | 31.59 | 31.94 | 32.58 | 32.59 |
| % First time homebuyer | 24.15% | 20.78% | 19.90% | 26.25% | 25.23% | 23.80% | 24.77% | 27.08% |
| Avg mortgage insurance % | 4.47% | 6.92% | 7.78% | 9.47% | 12.01% | 11.43% | 12.51% | 12.29% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Farmington Falls, Maine 04940
If you’re looking to buy a new home in Farmington Falls, we have compiled a list of the leading mortgage brokers around Farmington Falls, Maine 04940 to help you with your search.
Name
Address
Contact
Apex Lending
10 Common St
Waterville ME 04940
(207) 872-5808
Stephen F Jordan Mtg Brokers
47 Main St
Waterville ME 04940
(207) 872-0826
http://www.refinancemaine.com/
OneMain Financial
14 Waterville Commons Dr
Waterville ME 04940
(207) 873-3276
http://www.onemainfinancial.com/
Griffin Associates
10 Center St
Waterville ME 04940
(207) 872-8689
Andrew Trask
113 Easy St
Pittsfield ME 04940
(207) 487-5900
Address
10 Common St
Waterville ME
Contact
(207) 872-5808
Address
47 Main St
Waterville ME
Contact
(207) 872-0826
http://www.refinancemaine.com/
Address
14 Waterville Commons Dr
Waterville ME
Contact
(207) 873-3276
http://www.onemainfinancial.com/