Compare Today’s Mortgage Rates for Madawaska, Maine
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Madawaska, Maine 04756. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $12,723 or $35 / month in Madawaska and surrounding areas of Aroostook county.
Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Madawaska, Maine 04756.
Summary of Average Mortgage Terms in Madawaska, Maine 04756
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Interactive Mortgage Rate Projections for Madawaska, ME
To forecast and predict mortgage rates in Madawaska, ME 04756, 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 Madawaska, Maine 04756 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Madawaska, Maine and around Aroostook 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 | 77.98% | 78.79% | 74.61% | 73.76% | 80.62% | 84.96% | 75.93% | 74.77% |
| avg mortgage rate | 4.92% | 4.66% | 3.87% | 3.91% | 4.41% | 4.03% | 3.85% | 4.16% |
| % 15 year fixed mortgage | 14.88% | 13.33% | 16.58% | 19.31% | 13.22% | 9.76% | 17.29% | 18.92% |
| avg mortgage rate | 4.35% | 3.90% | 3.22% | 3.05% | 3.43% | 3.17% | 3.06% | 3.13% |
| Avg credit score | 760.82 | 756.41 | 753.92 | 755.28 | 752.90 | 752.21 | 745.40 | 748.32 |
| Avg LTV (loan to value) | 75.59% | 78.61% | 79.33% | 80.47% | 82.74% | 81.94% | 82.51% | 80.92% |
| Avg DTI (debt to income) | 29.93 | 28.18 | 29.42 | 30.97 | 31.20 | 31.63 | 31.78 | 32.86 |
| % First time homebuyer | 24.40% | 26.06% | 31.61% | 21.29% | 23.79% | 22.36% | 26.10% | 19.82% |
| Avg mortgage insurance % | 3.95% | 6.36% | 7.54% | 8.61% | 11.93% | 11.62% | 12.37% | 10.70% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Madawaska, Maine 04756
If you’re looking to buy a new home in Madawaska, we have compiled a list of the leading mortgage brokers around Madawaska, Maine 04756 to help you with your search.
Paycheck Advance
7 Gamage Ln
Rockland ME 04756
(207) 390-0913
sdolan@pressherald.com
Lender's Network
205 Commercial St
Rockport ME 04756
(207) 236-4110
http://www.lendersnetwork.biz
Wells Fargo Home Mortgage
27 Washington St
Camden ME 04756
(207) 230-2586
http://www.wellsfargo.com/mortgage/
Merrimack Mortgage Company, Inc.
45 Mechanic St
Camden ME 04756
(207) 230-1275
jgeddis@merrimackmortgage.com
Waters Edge Property Management & Maintenance
1467 Western Rd
Warren ME 04756
(207) 273-1314
watersedgerentals@yahoo.com
Address
7 Gamage Ln
Rockland ME
Contact
(207) 390-0913
sdolan@pressherald.com
Address
205 Commercial St
Rockport ME
Contact
(207) 236-4110
http://www.lendersnetwork.biz
Address
27 Washington St
Camden ME
Contact
(207) 230-2586
http://www.wellsfargo.com/mortgage/