Compare Today’s Mortgage Rates for Sumner, Maine
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Sumner, Maine 04292. 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 $15,816 or $44 / month in Sumner and surrounding areas of Oxford 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 Sumner, Maine 04292.
Summary of Average Mortgage Terms in Sumner, Maine 04292
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Interactive Mortgage Rate Projections for Sumner, ME
To forecast and predict mortgage rates in Sumner, ME 04292, 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 Sumner, Maine 04292 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Sumner, Maine and around Oxford 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 | 75.84% | 68.00% | 71.62% | 73.94% | 75.15% | 82.28% | 79.59% | 76.71% |
| avg mortgage rate | 4.88% | 4.70% | 3.83% | 4.00% | 4.44% | 4.08% | 3.95% | 4.10% |
| % 15 year fixed mortgage | 15.44% | 21.60% | 15.54% | 19.15% | 18.79% | 11.39% | 14.29% | 17.81% |
| avg mortgage rate | 4.21% | 3.83% | 3.17% | 3.06% | 3.42% | 3.04% | 3.02% | 3.12% |
| Avg credit score | 760.58 | 754.33 | 745.22 | 755.84 | 747.32 | 748.80 | 732.51 | 736.11 |
| Avg LTV (loan to value) | 78.93% | 77.62% | 79.91% | 81.13% | 84.13% | 82.28% | 84.77% | 83.79% |
| Avg DTI (debt to income) | 28.62 | 29.22 | 29.39 | 29.13 | 30.57 | 31.19 | 31.92 | 30.71 |
| % First time homebuyer | 22.15% | 17.60% | 20.27% | 13.83% | 23.03% | 20.89% | 30.61% | 35.62% |
| Avg mortgage insurance % | 6.63% | 5.99% | 8.68% | 8.76% | 13.35% | 11.48% | 13.96% | 12.55% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Sumner, Maine 04292
If you’re looking to buy a new home in Sumner, we have compiled a list of the leading mortgage brokers around Sumner, Maine 04292 to help you with your search.
Finance Authority Of Maine
5 Community Dr
Augusta ME 04292
(207) 623-3263
nextgen@famemaine.com
OneMain Financial
12 Shuman Ave
Augusta ME 04292
(207) 626-3556
http://branches.onemainfinancial.com/me/augusta/12-shuman-ave.html
Residential Mortgage Service
45 Memorial Cir
Augusta ME 04292
(207) 629-5555
info@rmsmortgage.com
Alpine Mortgage
195 Water St
Augusta ME 04292
(207) 623-3405
Beneficial Finance Corporation
254 Western Ave
Augusta ME 04292
(207) 621-8082
http://www.beneficial.com
Address
5 Community Dr
Augusta ME
Contact
(207) 623-3263
nextgen@famemaine.com
Address
12 Shuman Ave
Augusta ME
Contact
(207) 626-3556
http://branches.onemainfinancial.com/me/augusta/12-shuman-ave.html
Address
45 Memorial Cir
Augusta ME
Contact
(207) 629-5555
info@rmsmortgage.com