Compare Today’s Mortgage Rates for Raymond, Maine

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Raymond, Maine 04071. 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 $18,294 or $51 / month in Raymond and surrounding areas of Cumberland 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 Raymond, Maine 04071.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

43.921917 -70.449834

Summary of Average Mortgage Terms in Raymond, Maine 04071

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Raymond, ME

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Raymond, ME 04071, 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 Raymond, ME

Historical Mortgage Rates for Raymond, Maine 04071 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Raymond, Maine and around Cumberland 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 Raymond, Maine 04071

If you’re looking to buy a new home in Raymond, we have compiled a list of the leading mortgage brokers around Raymond, Maine 04071 to help you with your search.

Name
Address
Contact

OneMain Financial

19 Hannaford Dr

Scarborough ME 04071

(207) 885-1594

http://branches.onemainfinancial.com/me/scarborough/19-hannaford-dr.html

Wells Fargo Home Mortgage

144 US Route 1

Scarborough ME 04071

(800) 933-4701

paul.e.ottoson@wellsfargo.com

Maroon Group

360 US Route 1

Scarborough ME 04071

(207) 883-7165

rcampbell@maroongroup.com

BLUE SKY MORTGAGE Co.

636 US Route 1

Scarborough ME 04071

(207) 885-9500

http://blueskymci.com

M P Of Ne

623 US Route 1

Scarborough ME 04071

(207) 883-5063

Address

19 Hannaford Dr

Scarborough ME

Contact

(207) 885-1594

http://branches.onemainfinancial.com/me/scarborough/19-hannaford-dr.html

Address

144 US Route 1

Scarborough ME

Contact

(800) 933-4701

paul.e.ottoson@wellsfargo.com

Address

360 US Route 1

Scarborough ME

Contact

(207) 883-7165

rcampbell@maroongroup.com

News on Mortgages and Reverse Mortgages for Raymond, Maine 04071