Compare Today’s Mortgage Rates in Alamogordo, New Mexico 88310
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Alamogordo, New Mexico 88310.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $5,422 over the lifetime of your 30-year fixed loan, or a monthly savings of $15 in Alamogordo and other areas of Otero county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Alamogordo, New Mexico 88310
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Alamogordo, New Mexico 88310
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Alamogordo, NM 88310. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Alamogordo, New Mexico 88310 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Alamogordo, New Mexico and around Otero county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 95.08% | 90.87% | 87.30% | 88.93% | 84.85% | 82.49% | 76.80% | 84.17% | 75.76% |
avg mortgage rate | 6.67% | 4.71% | 3.08% | 3.53% | 4.61% | 4.71% | 4.26% | 4.01% | 4.10% |
% 15 year fixed mortgage | 3.28% | 7.60% | 10.48% | 9.84% | 11.62% | 15.25% | 19.20% | 14.17% | 21.97% |
avg mortgage rate | 5.56% | 4.01% | 2.42% | 2.82% | 3.76% | 4.02% | 3.47% | 3.23% | 3.33% |
Avg credit score | 745.38 | 788.40 | 759.43 | 761.89 | 758.03 | 749.38 | 757.24 | 757.14 | 761.80 |
Avg LTV (loan to value) | 76.39% | 77.91% | 79.46% | 80.49% | 79.55% | 76.41% | 77.98% | 80.20% | 77.36% |
Avg DTI (debt to income) | 34.33 | 34.95 | 32.98 | 32.92 | 33.70 | 33.68 | 31.79 | 31.63 | 30.21 |
% First time homebuyer | 22.95% | 18.63% | 20.32% | 14.34% | 17.17% | 21.47% | 10.40% | 15.00% | 15.15% |
Avg mortgage insurance % | 10.98% | 9.22% | 9.37% | 9.89% | 9.60% | 7.99% | 5.47% | 8.06% | 6.27% |
Best Mortgage Brokers around Alamogordo, New Mexico 88310
For those searching for a new home in Alamogordo, we have compiled a list of the top mortgage brokers located in and around Alamogordo, New Mexico 88310 to assist you with your search.
Name
Address
Contact
On The Spot Title Loans
720 S White Sands Blvd
Alamogordo NM 88310
(575) 439-5626
Your Credit
808 10th St
Alamogordo NM 88310
(575) 434-1977
customerservice@credit.net
Noble Finance
1607 10th St
Alamogordo NM 88310
(575) 434-6100
Mortgage Banking
1020 10th St
Alamogordo NM 88310
(575) 439-6042
Southwest Financial-Alamogordo
2617 N White Sands Blvd
Alamogordo NM 88310
(575) 434-3125
Address
720 S White Sands Blvd
Alamogordo NM
Contact
(575) 439-5626
Address
808 10th St
Alamogordo NM
Contact
(575) 434-1977
customerservice@credit.net
Address
1607 10th St
Alamogordo NM
Contact
(575) 434-6100