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.
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Summary of Average Mortgage Terms in Penobscot, Maine 04476
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Interactive Mortgage Rate Projections for Penobscot, ME
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.
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/