Compare Today’s Mortgage Rates for Oakland, Maine
Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Oakland, Maine 04963. 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 $7,400 or $21 / month in Oakland and other areas of Kennebec county.
Our search engine explores all home mortgage options in Oakland, Maine 04963, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
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Summary of Average Mortgage Terms in Oakland, Maine 04963
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Oakland, ME
To forecast and predict mortgage rates in Oakland, ME 04963, 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 Oakland, Maine 04963 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Oakland, 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 | 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 Oakland, Maine 04963
If you’re looking to buy a new home in Oakland, we have compiled a list of the leading mortgage brokers around Oakland, Maine 04963 to help you with your search.
Name
Address
Contact
Andrew Trask
113 Easy St
Pittsfield ME 04963
(207) 487-5900
Alex DeFelice Real Estate Agent
565 Maple St
White River Junction VT 04963
(802) 295-1355
alex@clerkinagency.com
Yankee Farm Credit ACA
6 Farmvu Dr
White River Junction VT 04963
(802) 295-3670
http://yankeeaca.com
Finance America
180 Dewitt Dr
White River Junction VT 04963
(802) 295-7670
Guaranteed Rate
2588 E Woodstock Rd
Woodstock VT 04963
(802) 457-1177
http://www.guaranteedrate.com/
Address
113 Easy St
Pittsfield ME
Contact
(207) 487-5900
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