Compare Today’s Mortgage Rates for Milford, Maine
Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Milford, Maine 04461. 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 $12,193 or $34 / month in Milford and other areas of Penobscot county.
Our search engine explores all home mortgage options in Milford, Maine 04461, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
44.939263
-68.629597
Summary of Average Mortgage Terms in Milford, Maine 04461
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Milford, Maine 04461
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Milford, ME
To forecast and predict mortgage rates in Milford, ME 04461, 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 Milford, Maine 04461 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Milford, Maine and around Penobscot 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 | 88.10% | 86.11% | 84.29% | 84.98% | 89.01% | 88.87% | 88.26% | 91.29% |
| avg mortgage rate | 4.92% | 4.65% | 3.87% | 3.98% | 4.46% | 4.14% | 3.95% | 4.13% |
| % 15 year fixed mortgage | 9.32% | 11.08% | 11.55% | 11.80% | 8.83% | 8.90% | 9.53% | 6.18% |
| avg mortgage rate | 4.33% | 3.90% | 3.13% | 3.07% | 3.45% | 3.26% | 3.09% | 3.35% |
| Avg credit score | 764.20 | 761.60 | 761.12 | 757.85 | 754.42 | 752.43 | 748.57 | 751.22 |
| Avg LTV (loan to value) | 77.20% | 78.49% | 79.82% | 81.45% | 83.49% | 83.86% | 84.12% | 83.42% |
| Avg DTI (debt to income) | 32.79 | 32.24 | 32.15 | 32.33 | 33.37 | 33.33 | 33.62 | 34.22 |
| % First time homebuyer | 31.76% | 28.14% | 28.93% | 30.41% | 35.89% | 36.48% | 33.02% | 35.11% |
| Avg mortgage insurance % | 4.91% | 6.71% | 8.10% | 10.41% | 12.99% | 14.10% | 14.15% | 13.27% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Milford, Maine 04461
If you’re looking to buy a new home in Milford, we have compiled a list of the leading mortgage brokers around Milford, Maine 04461 to help you with your search.
Name
Address
Contact
Primary Residential Mortgage
37 Court St
Bath ME 04461
(207) 370-6006
http://primaryresidentialmortgage.com
Wells Fargo Home Mortgage
2 Oak Grove Ave
Bath ME 04461
(207) 443-8726
http://www.wellsfargo.com/mortgage/
Address
37 Court St
Bath ME
Contact
(207) 370-6006
http://primaryresidentialmortgage.com
Address
2 Oak Grove Ave
Bath ME
Contact
(207) 443-8726
http://www.wellsfargo.com/mortgage/