Compare Today’s Mortgage Rates for Freeport, Maine

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Freeport, Maine 04034. 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 $11,133 or $31 / month in Freeport and other areas of Cumberland county.

Our search engine explores all home mortgage options in Freeport, Maine 04034, 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

43.856667 -70.103611

Summary of Average Mortgage Terms in Freeport, Maine 04034

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Freeport, ME

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Freeport, ME 04034, 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 Freeport, ME

Historical Mortgage Rates for Freeport, Maine 04034 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Freeport, 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 87.25% 84.08% 86.29% 87.05% 89.57% 86.76% 89.38% 90.13%
avg mortgage rate 4.94% 4.68% 3.90% 4.00% 4.44% 4.11% 3.89% 4.08%
% 15 year fixed mortgage 9.27% 12.15% 9.79% 10.68% 7.86% 9.72% 7.93% 7.82%
avg mortgage rate 4.40% 3.94% 3.19% 3.10% 3.46% 3.22% 3.09% 3.18%
Avg credit score 761.54 764.61 764.20 761.82 756.84 756.84 753.43 753.18
Avg LTV (loan to value) 74.37% 74.96% 77.08% 78.75% 80.15% 79.47% 80.31% 80.54%
Avg DTI (debt to income) 32.43 32.04 31.99 32.54 33.15 33.66 33.76 33.93
% First time homebuyer 18.97% 16.27% 17.73% 19.94% 20.93% 21.96% 21.35% 20.86%
Avg mortgage insurance % 3.92% 4.66% 7.04% 8.94% 10.28% 10.68% 10.99% 10.85%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Freeport, Maine 04034

If you’re looking to buy a new home in Freeport, we have compiled a list of the leading mortgage brokers around Freeport, Maine 04034 to help you with your search.

Name
Address
Contact

Pine Tree Mortgage

174 S Freeport Rd

Freeport ME 04034

(207) 865-9722

Mortgage Network Inc.

541 US Route 1

Freeport ME 04034

(207) 417-7002

http://www.mortgagenetwork.com/

Keniston Mortgage Service

58 Queen St

Gorham ME 04034

(207) 642-5808

American Dream Home Loan Co.

5 Samuels Way

Gorham ME 04034

(207) 839-2081

sarah@americandreamhomeloanco.com

Ossipee Lake Mortgage

414 Sokokis Trl

East Waterboro ME 04034

(207) 247-2200

Address

174 S Freeport Rd

Freeport ME

Contact

(207) 865-9722

Address

541 US Route 1

Freeport ME

Contact

(207) 417-7002

http://www.mortgagenetwork.com/

Address

58 Queen St

Gorham ME

Contact

(207) 642-5808

News on Mortgages and Reverse Mortgages for Freeport, Maine 04034