Compare Today’s Mortgage Rates for Penobscot, Maine

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Penobscot, Maine 04476. 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 $16,495 or $46 / month in Penobscot and other areas of Hancock county.

Our search engine explores all home mortgage options in Penobscot, Maine 04476, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

44.434371 -68.757409

Summary of Average Mortgage Terms in Penobscot, Maine 04476

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Penobscot, ME

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Penobscot, ME 04476, 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.

Local Mortgage Rates for Penobscot, ME

Historical Mortgage Rates for Penobscot, Maine 04476 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Penobscot, Maine and around Hancock 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 Penobscot, Maine 04476

If you’re looking to buy a new home in Penobscot, we have compiled a list of the leading mortgage brokers around Penobscot, Maine 04476 to help you with your search.

Name
Address
Contact

Primary Residential Mortgage

37 Court St

Bath ME 04476

(207) 370-6006

http://primaryresidentialmortgage.com

Wells Fargo Home Mortgage

2 Oak Grove Ave

Bath ME 04476

(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/

News on Mortgages and Reverse Mortgages for Penobscot, Maine 04476