Compare Today’s Mortgage Rates for South Freeport, Maine

Pureloan searches mortgage lenders and major banks in South Freeport, Maine 04078 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $33,753 or $94 / month is expected in South Freeport and other areas of Cumberland county.

Pureloan’s search engine explores all home mortgage options in South Freeport, Maine 04078, 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

43.851093 -70.113854

Summary of Average Mortgage Terms in South Freeport, Maine 04078

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for South Freeport, ME

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in South Freeport, ME 04078, 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 South Freeport, ME

Historical Mortgage Rates for South Freeport, Maine 04078 from 2014 - 2021

We have compiled mortgage rate charts for home loans in South Freeport, 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 South Freeport, Maine 04078

If you’re looking to buy a new home in South Freeport, we have compiled a list of the leading mortgage brokers around South Freeport, Maine 04078 to help you with your search.

Name
Address
Contact

ICA Mortgage Capital

126 Main St

Topsham ME 04078

(207) 406-2214

Colonial Capital

5 Victory Ln

Standish ME 04078

(207) 642-2118

http://academymortgage.com

Merrimack Mortgage Company

305 Commercial St

Portland ME 04078

(207) 593-8767

Maine National Mortgage

25 Pearl St

Portland ME 04078

(207) 773-5850

Amal USA

118 Anderson St

Portland ME 04078

(207) 797-3377

Address

126 Main St

Topsham ME

Contact

(207) 406-2214

Address

5 Victory Ln

Standish ME

Contact

(207) 642-2118

http://academymortgage.com

Address

305 Commercial St

Portland ME

Contact

(207) 593-8767

News on Mortgages and Reverse Mortgages for South Freeport, Maine 04078