Compare Today’s Mortgage Rates in Albuquerque, New Mexico 87158
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Albuquerque, New Mexico 87158.
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 $8,870 over the lifetime of your 30-year fixed loan, or a monthly savings of $25 in Albuquerque and other areas of Bernalillo 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 Albuquerque, New Mexico 87158
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Albuquerque, New Mexico 87158
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Albuquerque, NM 87158. 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 Albuquerque, New Mexico 87158 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Albuquerque, New Mexico and around Bernalillo 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 | 95.37% | 92.66% | 93.10% | 91.83% | 93.50% | 89.36% | 88.93% | 89.50% | 89.24% |
avg mortgage rate | 6.53% | 4.73% | 3.11% | 3.54% | 4.44% | 4.67% | 4.24% | 3.94% | 4.14% |
% 15 year fixed mortgage | 4.63% | 5.50% | 5.88% | 5.72% | 4.33% | 8.51% | 9.02% | 8.00% | 9.49% |
avg mortgage rate | 5.70% | 3.97% | 2.38% | 2.85% | 3.76% | 4.22% | 3.43% | 3.06% | 3.38% |
Avg credit score | 749.43 | 771.20 | 755.26 | 755.58 | 749.94 | 757.06 | 754.65 | 754.39 | 745.89 |
Avg LTV (loan to value) | 80.63% | 80.27% | 81.59% | 81.54% | 81.47% | 78.14% | 78.41% | 79.70% | 80.67% |
Avg DTI (debt to income) | 38.95 | 36.64 | 34.21 | 34.65 | 35.39 | 33.70 | 34.07 | 34.04 | 34.59 |
% First time homebuyer | 35.19% | 30.96% | 29.61% | 24.80% | 23.47% | 25.96% | 22.54% | 21.50% | 22.15% |
Avg mortgage insurance % | 12.40% | 12.86% | 13.43% | 13.00% | 13.14% | 10.76% | 10.22% | 9.31% | 11.10% |
Best Mortgage Brokers around Albuquerque, New Mexico 87158
For those searching for a new home in Albuquerque, we have compiled a list of the top mortgage brokers located in and around Albuquerque, New Mexico 87158 to assist you with your search.
Name
Address
Contact
Financial Mortgage Group
3200 Monte Vista Blvd NE
Albuquerque NM 87158
(505) 232-7000
Afc Automotive Finance
2015 Yale Blvd SE
Albuquerque NM 87158
(505) 244-3828
Your Credit
3535 Gibson Blvd SE
Albuquerque NM 87158
(505) 255-8010
Alpha Credit
3535 Gibson Blvd SE
Albuquerque NM 87158
(505) 255-8010
Ric Thom Enterprises
1721 Girard Blvd NE
Albuquerque NM 87158
(505) 884-7758
Address
3200 Monte Vista Blvd NE
Albuquerque NM
Contact
(505) 232-7000
Address
2015 Yale Blvd SE
Albuquerque NM
Contact
(505) 244-3828
Address
3535 Gibson Blvd SE
Albuquerque NM
Contact
(505) 255-8010