Compare Today’s Mortgage Rates for Manchester, Maine

Pureloan searches mortgage lenders and major banks in Manchester, Maine 04351 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 $10,500 or $29 / month is expected in Manchester and other areas of Kennebec county.

Pureloan’s search engine explores all home mortgage options in Manchester, Maine 04351, 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

44.308375 -69.884657

Summary of Average Mortgage Terms in Manchester, Maine 04351

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Manchester, ME

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Manchester, ME 04351, 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 Manchester, ME

Historical Mortgage Rates for Manchester, Maine 04351 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Manchester, Maine and around Kennebec 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 88.24% 86.25% 86.66% 87.86% 89.76% 87.38% 88.76% 90.06%
avg mortgage rate 4.89% 4.64% 3.84% 3.96% 4.43% 4.08% 3.88% 4.11%
% 15 year fixed mortgage 8.66% 10.58% 10.21% 9.35% 7.71% 10.07% 8.69% 7.16%
avg mortgage rate 4.36% 3.86% 3.11% 3.10% 3.48% 3.19% 2.99% 3.27%
Avg credit score 762.57 763.05 762.45 761.54 756.03 754.16 750.83 751.37
Avg LTV (loan to value) 77.62% 79.07% 80.74% 82.48% 84.02% 83.27% 83.30% 81.85%
Avg DTI (debt to income) 31.92 31.47 30.64 31.68 32.78 33.07 33.51 34.38
% First time homebuyer 25.84% 28.65% 24.92% 26.72% 32.51% 34.85% 32.44% 33.83%
Avg mortgage insurance % 5.98% 7.87% 9.80% 11.97% 14.71% 13.97% 13.84% 12.13%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Manchester, Maine 04351

If you’re looking to buy a new home in Manchester, we have compiled a list of the leading mortgage brokers around Manchester, Maine 04351 to help you with your search.

Name
Address
Contact

Metlife Home Loans

15 Range Way

Manchester ME 04351

(207) 623-6440

Maine Home Preservation

67 Toothaker Rd

Richmond ME 04351

(207) 737-4511

Pine Tree Mortgage

676 Broadway

Bangor ME 04351

(207) 991-5000

Benchmark Mortgage

458 Main St

Bangor ME 04351

(207) 941-1150

http://www.bangormtg.com

OneMain Financial

6 Frost Dr

Bangor ME 04351

(207) 942-3507

http://branches.onemainfinancial.com/me/bangor/6-frost-drive.html

Address

15 Range Way

Manchester ME

Contact

(207) 623-6440

Address

67 Toothaker Rd

Richmond ME

Contact

(207) 737-4511

Address

676 Broadway

Bangor ME

Contact

(207) 991-5000

News on Mortgages and Reverse Mortgages for Manchester, Maine 04351