Compare Today’s Mortgage Rates for Salem, New Hampshire
Pureloan searches mortgage lenders and major banks in Salem, New Hampshire 03079 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 $31,552 or $88 / month is expected in Salem and other areas of Rockingham county.
Pureloan’s search engine explores all home mortgage options in Salem, New Hampshire 03079, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
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Summary of Average Mortgage Terms in Salem, New Hampshire 03079
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Salem, NH
To forecast and predict mortgage rates in Salem, NH 03079, 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 Salem, New Hampshire 03079 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Salem, New Hampshire and around Rockingham 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 | 88.34% | 85.19% | 80.42% | 81.18% | 86.05% | 83.98% | 82.51% | 84.56% |
| avg mortgage rate | 4.89% | 4.63% | 3.91% | 3.99% | 4.47% | 4.13% | 3.95% | 4.14% |
| % 15 year fixed mortgage | 9.42% | 10.49% | 14.81% | 16.86% | 12.76% | 13.26% | 13.41% | 11.03% |
| avg mortgage rate | 4.42% | 3.87% | 3.20% | 3.18% | 3.52% | 3.36% | 3.22% | 3.38% |
| Avg credit score | 756.45 | 758.51 | 753.48 | 756.13 | 746.05 | 748.06 | 744.60 | 746.17 |
| Avg LTV (loan to value) | 78.44% | 79.16% | 81.34% | 81.52% | 82.91% | 82.17% | 83.01% | 83.82% |
| Avg DTI (debt to income) | 31.34 | 30.45 | 30.11 | 29.09 | 30.98 | 31.46 | 31.70 | 33.31 |
| % First time homebuyer | 40.36% | 32.72% | 39.15% | 33.33% | 33.53% | 31.22% | 33.53% | 26.47% |
| Avg mortgage insurance % | 5.68% | 7.27% | 6.81% | 10.19% | 13.77% | 12.48% | 13.09% | 14.32% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Salem, New Hampshire 03079
If you’re looking to buy a new home in Salem, we have compiled a list of the leading mortgage brokers around Salem, New Hampshire 03079 to help you with your search.
Name
Address
Contact
First Call Mortgage Company
50 Stiles Rd
Salem NH 03079
(603) 898-2797
Wells Fargo Financial
5 Manor Pkwy
Salem NH 03079
(603) 890-0185
Academy Funding Source
12 Stiles Rd
Salem NH 03079
(603) 898-6362
Lawrence Jacobs
16 Fox Run Ln
Salem NH 03079
(603) 458-5843
Adare Mortgage Co.
12 Stiles Rd
Salem NH 03079
(603) 898-3810
bmcgrane@adaremortgage.com
Address
50 Stiles Rd
Salem NH
Contact
(603) 898-2797
Address
5 Manor Pkwy
Salem NH
Contact
(603) 890-0185
Address
12 Stiles Rd
Salem NH
Contact
(603) 898-6362