Compare Today’s Mortgage Rates for Minot, Maine
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Minot, Maine 04258. 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 $17,122 or $48 / month in Minot and surrounding areas of Androscoggin 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 Minot, Maine 04258.
Summary of Average Mortgage Terms in Minot, Maine 04258
Become a certified mortgage expert on Pureloan.com
in Minot, Maine 04258
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Minot, ME
To forecast and predict mortgage rates in Minot, ME 04258, 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 Minot, Maine 04258 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Minot, Maine and around Androscoggin 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 | 76.60% | 80.56% | 81.67% | 68.06% | 68.89% | 76.32% | 77.65% | 82.76% |
| avg mortgage rate | 4.90% | 4.72% | 3.81% | 3.95% | 4.38% | 4.08% | 3.88% | 4.12% |
| % 15 year fixed mortgage | 12.77% | 18.06% | 13.33% | 23.61% | 24.44% | 17.11% | 15.29% | 17.24% |
| avg mortgage rate | 4.35% | 3.89% | 2.97% | 3.05% | 3.51% | 3.29% | 3.03% | 3.25% |
| Avg credit score | 753.27 | 761.46 | 763.65 | 750.56 | 758.59 | 761.83 | 751.99 | 761.31 |
| Avg LTV (loan to value) | 72.28% | 73.64% | 80.17% | 79.11% | 78.99% | 77.70% | 81.40% | 79.34% |
| Avg DTI (debt to income) | 31.38 | 28.53 | 28.38 | 30.14 | 30.16 | 28.89 | 30.68 | 31.34 |
| % First time homebuyer | 9.57% | 6.94% | 10.00% | 18.06% | 18.89% | 15.79% | 15.29% | 13.79% |
| Avg mortgage insurance % | 2.43% | 3.19% | 6.65% | 5.49% | 8.16% | 8.67% | 10.35% | 7.14% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Minot, Maine 04258
If you’re looking to buy a new home in Minot, we have compiled a list of the leading mortgage brokers around Minot, Maine 04258 to help you with your search.
Western Maine Mortgage
290 Main St
Norway ME 04258
(207) 739-2668
zakk@westernmainemortgage.com
Finance Authority Of Maine
5 Community Dr
Augusta ME 04258
(207) 623-3263
nextgen@famemaine.com
OneMain Financial
12 Shuman Ave
Augusta ME 04258
(207) 626-3556
http://branches.onemainfinancial.com/me/augusta/12-shuman-ave.html
Residential Mortgage Service
45 Memorial Cir
Augusta ME 04258
(207) 629-5555
info@rmsmortgage.com
Alpine Mortgage
195 Water St
Augusta ME 04258
(207) 623-3405
Address
290 Main St
Norway ME
Contact
(207) 739-2668
zakk@westernmainemortgage.com
Address
5 Community Dr
Augusta ME
Contact
(207) 623-3263
nextgen@famemaine.com
Address
12 Shuman Ave
Augusta ME
Contact
(207) 626-3556
http://branches.onemainfinancial.com/me/augusta/12-shuman-ave.html