Compare Today’s Mortgage Rates for Madison, Maine

Pureloan searches mortgage lenders and major banks in Madison, Maine 04950 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 $12,192 or $34 / month is expected in Madison and other areas of Somerset county.

Pureloan’s search engine explores all home mortgage options in Madison, Maine 04950, 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

44.809623 -69.8449

Summary of Average Mortgage Terms in Madison, Maine 04950

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Madison, ME

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Madison, ME 04950, 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 Madison, ME

Historical Mortgage Rates for Madison, Maine 04950 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Madison, Maine and around Somerset 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 Madison, Maine 04950

If you’re looking to buy a new home in Madison, we have compiled a list of the leading mortgage brokers around Madison, Maine 04950 to help you with your search.

Name
Address
Contact

Alex DeFelice Real Estate Agent

565 Maple St

White River Junction VT 04950

(802) 295-1355

alex@clerkinagency.com

Yankee Farm Credit ACA

6 Farmvu Dr

White River Junction VT 04950

(802) 295-3670

http://yankeeaca.com

Finance America

180 Dewitt Dr

White River Junction VT 04950

(802) 295-7670

Guaranteed Rate

2588 E Woodstock Rd

Woodstock VT 04950

(802) 457-1177

http://www.guaranteedrate.com/

Address

565 Maple St

White River Junction VT

Contact

(802) 295-1355

alex@clerkinagency.com

Address

6 Farmvu Dr

White River Junction VT

Contact

(802) 295-3670

http://yankeeaca.com

Address

180 Dewitt Dr

White River Junction VT

Contact

(802) 295-7670

News on Mortgages and Reverse Mortgages for Madison, Maine 04950