Compare Today’s Mortgage Rates for Ocean Park, Maine
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Ocean Park, Maine 04063. 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 $26,322 or $73 / month in Ocean Park and surrounding areas of York 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 Ocean Park, Maine 04063.
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Summary of Average Mortgage Terms in Ocean Park, Maine 04063
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APR
Expected Savings
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Interactive Mortgage Rate Projections for Ocean Park, ME
To forecast and predict mortgage rates in Ocean Park, ME 04063, 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 Ocean Park, Maine 04063 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Ocean Park, Maine and around York 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 | 87.25% | 84.08% | 86.29% | 87.05% | 89.57% | 86.76% | 89.38% | 90.13% |
| avg mortgage rate | 4.94% | 4.68% | 3.90% | 4.00% | 4.44% | 4.11% | 3.89% | 4.08% |
| % 15 year fixed mortgage | 9.27% | 12.15% | 9.79% | 10.68% | 7.86% | 9.72% | 7.93% | 7.82% |
| avg mortgage rate | 4.40% | 3.94% | 3.19% | 3.10% | 3.46% | 3.22% | 3.09% | 3.18% |
| Avg credit score | 761.54 | 764.61 | 764.20 | 761.82 | 756.84 | 756.84 | 753.43 | 753.18 |
| Avg LTV (loan to value) | 74.37% | 74.96% | 77.08% | 78.75% | 80.15% | 79.47% | 80.31% | 80.54% |
| Avg DTI (debt to income) | 32.43 | 32.04 | 31.99 | 32.54 | 33.15 | 33.66 | 33.76 | 33.93 |
| % First time homebuyer | 18.97% | 16.27% | 17.73% | 19.94% | 20.93% | 21.96% | 21.35% | 20.86% |
| Avg mortgage insurance % | 3.92% | 4.66% | 7.04% | 8.94% | 10.28% | 10.68% | 10.99% | 10.85% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Ocean Park, Maine 04063
If you’re looking to buy a new home in Ocean Park, we have compiled a list of the leading mortgage brokers around Ocean Park, Maine 04063 to help you with your search.
Name
Address
Contact
Jason Gagnon
8 Turning Leaf Dr
Windham ME 04063
(207) 893-8499
Northstar Mortgage Group
76 Tandberg Trl
Windham ME 04063
(207) 872-0826
http://www.northstarmortgage.net
Home Loans Maine
359 Falmouth Rd
Windham ME 04063
(207) 200-7663
dan@cumberlandcountymortgage.com
Reliant Mortgage Company
31 Cook Rd
Windham ME 04063
(207) 894-5822
daled@reliantsanford.com
Homestead Mortgage Loans
840 Roosevelt Trl
Windham ME 04063
(207) 893-2900
http://www.homesteadme.com/
Address
8 Turning Leaf Dr
Windham ME
Contact
(207) 893-8499
Address
76 Tandberg Trl
Windham ME
Contact
(207) 872-0826
http://www.northstarmortgage.net
Address
359 Falmouth Rd
Windham ME
Contact
(207) 200-7663
dan@cumberlandcountymortgage.com