Compare Today’s Mortgage Rates for Readfield, Maine
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Readfield, Maine 04355. 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 $20,739 or $58 / month in Readfield and surrounding areas of Kennebec 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 Readfield, Maine 04355.
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Summary of Average Mortgage Terms in Readfield, Maine 04355
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Readfield, ME
To forecast and predict mortgage rates in Readfield, ME 04355, 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 Readfield, Maine 04355 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Readfield, Maine and around Kennebec 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 | 88.24% | 86.25% | 86.66% | 87.86% | 89.76% | 87.38% | 88.76% | 90.06% |
| avg mortgage rate | 4.89% | 4.64% | 3.84% | 3.96% | 4.43% | 4.08% | 3.88% | 4.11% |
| % 15 year fixed mortgage | 8.66% | 10.58% | 10.21% | 9.35% | 7.71% | 10.07% | 8.69% | 7.16% |
| avg mortgage rate | 4.36% | 3.86% | 3.11% | 3.10% | 3.48% | 3.19% | 2.99% | 3.27% |
| Avg credit score | 762.57 | 763.05 | 762.45 | 761.54 | 756.03 | 754.16 | 750.83 | 751.37 |
| Avg LTV (loan to value) | 77.62% | 79.07% | 80.74% | 82.48% | 84.02% | 83.27% | 83.30% | 81.85% |
| Avg DTI (debt to income) | 31.92 | 31.47 | 30.64 | 31.68 | 32.78 | 33.07 | 33.51 | 34.38 |
| % First time homebuyer | 25.84% | 28.65% | 24.92% | 26.72% | 32.51% | 34.85% | 32.44% | 33.83% |
| Avg mortgage insurance % | 5.98% | 7.87% | 9.80% | 11.97% | 14.71% | 13.97% | 13.84% | 12.13% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Readfield, Maine 04355
If you’re looking to buy a new home in Readfield, we have compiled a list of the leading mortgage brokers around Readfield, Maine 04355 to help you with your search.
Name
Address
Contact
Pine Tree Mortgage
676 Broadway
Bangor ME 04355
(207) 991-5000
Benchmark Mortgage
458 Main St
Bangor ME 04355
(207) 941-1150
http://www.bangormtg.com
OneMain Financial
6 Frost Dr
Bangor ME 04355
(207) 942-3507
http://branches.onemainfinancial.com/me/bangor/6-frost-drive.html
Sun Mortgage-New England
160 Broadway
Bangor ME 04355
(207) 990-3960
http://www.sun-mortgage.com/
Merrimack Mortgage Co.
760 Union St
Bangor ME 04355
(207) 941-5626
Address
676 Broadway
Bangor ME
Contact
(207) 991-5000
Address
458 Main St
Bangor ME
Contact
(207) 941-1150
http://www.bangormtg.com
Address
6 Frost Dr
Bangor ME
Contact
(207) 942-3507
http://branches.onemainfinancial.com/me/bangor/6-frost-drive.html