Compare Today’s Mortgage Rates for Phippsburg, Maine
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Phippsburg, Maine 04562. 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 $13,521 or $38 / month in Phippsburg and surrounding areas of Sagadahoc 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 Phippsburg, Maine 04562.
Summary of Average Mortgage Terms in Phippsburg, Maine 04562
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Interactive Mortgage Rate Projections for Phippsburg, ME
To forecast and predict mortgage rates in Phippsburg, ME 04562, 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 Phippsburg, Maine 04562 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Phippsburg, Maine and around Sagadahoc 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 | 85.80% | 81.55% | 82.21% | 82.91% | 84.66% | 85.22% | 82.63% | 82.19% |
| avg mortgage rate | 4.92% | 4.63% | 3.88% | 3.98% | 4.44% | 4.09% | 3.89% | 4.10% |
| % 15 year fixed mortgage | 10.24% | 12.24% | 14.61% | 14.43% | 11.46% | 11.40% | 13.40% | 12.72% |
| avg mortgage rate | 4.36% | 3.91% | 3.16% | 3.10% | 3.43% | 3.22% | 3.02% | 3.17% |
| Avg credit score | 765.84 | 764.52 | 764.45 | 762.59 | 756.61 | 756.54 | 755.53 | 751.72 |
| Avg LTV (loan to value) | 76.46% | 77.83% | 79.37% | 80.38% | 82.24% | 82.48% | 82.24% | 81.48% |
| Avg DTI (debt to income) | 31.16 | 30.64 | 30.04 | 30.81 | 32.46 | 33.09 | 32.60 | 34.24 |
| % First time homebuyer | 25.29% | 25.14% | 21.70% | 22.37% | 27.91% | 29.67% | 29.67% | 27.54% |
| Avg mortgage insurance % | 5.12% | 6.81% | 8.86% | 10.34% | 12.91% | 13.49% | 12.98% | 12.50% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Phippsburg, Maine 04562
If you’re looking to buy a new home in Phippsburg, we have compiled a list of the leading mortgage brokers around Phippsburg, Maine 04562 to help you with your search.
Wells Fargo Home Mortgage
9 Resort Way
Ellsworth ME 04562
(207) 664-0267
http://www.wellsfargo.com/mortgage/
Northeast Modular Homes
6 Forrest Ave
Ellsworth ME 04562
(207) 667-7727
http://www.northeastmodular.com
Universal Mortgage Corporation
54 Oak St
Ellsworth ME 04562
(207) 664-0100
norman@universalmortgageinc.com
Coastal Mortgage
104 Main St
Ellsworth ME 04562
(207) 667-8399
coastal@downeast.net
Mdi Mortgage Group
27 Greeley Ave
Bar Harbor ME 04562
(207) 288-2881
http://www.mdimortgage.com/
Address
9 Resort Way
Ellsworth ME
Contact
(207) 664-0267
http://www.wellsfargo.com/mortgage/
Address
6 Forrest Ave
Ellsworth ME
Contact
(207) 667-7727
http://www.northeastmodular.com
Address
54 Oak St
Ellsworth ME
Contact
(207) 664-0100
norman@universalmortgageinc.com