Compare Today’s Mortgage Rates in Newport, Maine 04953
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Newport, Maine 04953.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $30,102 over the lifetime of your 30-year fixed loan, or a monthly savings of $84 in Newport and other areas of Penobscot county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Newport, Maine 04953
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Newport, Maine 04953
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Newport, ME 04953. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Newport, Maine 04953 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Newport, Maine and around Penobscot county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| % 30 year fixed mortgage | 97.11% | 94.99% | 94.39% | 93.63% | 91.52% | 88.28% | 88.76% | 85.89% | 85.94% |
| avg mortgage rate | 6.64% | 4.82% | 3.13% | 3.47% | 4.45% | 4.69% | 4.22% | 3.93% | 4.10% |
| % 15 year fixed mortgage | 2.27% | 3.82% | 4.96% | 4.88% | 6.90% | 9.74% | 9.83% | 11.53% | 12.32% |
| avg mortgage rate | 6.24% | 4.12% | 2.47% | 3.09% | 3.82% | 4.04% | 3.47% | 3.21% | 3.29% |
| Avg credit score | 747.29 | 754.41 | 771.09 | 756.60 | 762.97 | 750.69 | 747.66 | 747.18 | 749.19 |
| Avg LTV (loan to value) | 85.77% | 85.64% | 86.41% | 86.42% | 85.19% | 81.94% | 83.71% | 84.51% | 84.22% |
| Avg DTI (debt to income) | 37.12 | 35.84 | 33.92 | 33.70 | 34.19 | 33.39 | 33.40 | 32.99 | 31.84 |
| % First time homebuyer | 57.02% | 52.32% | 51.71% | 52.75% | 51.67% | 37.46% | 39.93% | 41.98% | 44.58% |
| Avg mortgage insurance % | 16.58% | 16.60% | 17.14% | 16.63% | 15.11% | 11.80% | 13.79% | 14.01% | 14.05% |
Best Mortgage Brokers around Newport, Maine 04953
For those searching for a new home in Newport, we have compiled a list of the top mortgage brokers located in and around Newport, Maine 04953 to assist you with your search.
Name
Address
Contact
Alex DeFelice Real Estate Agent
565 Maple St
White River Junction VT 04953
(802) 295-1355
alex@clerkinagency.com
Yankee Farm Credit ACA
6 Farmvu Dr
White River Junction VT 04953
(802) 295-3670
http://yankeeaca.com
Finance America
180 Dewitt Dr
White River Junction VT 04953
(802) 295-7670
Guaranteed Rate
2588 E Woodstock Rd
Woodstock VT 04953
(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