Compare Today’s Mortgage Rates in Cerrillos, New Mexico 87010
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Cerrillos, New Mexico 87010.
Our search engine thoroughly explores all home mortgage options in Cerrillos, New Mexico 87010, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $10,483 in lifetime cash or $29 per month in Cerrillos and other areas of Santa Fe county.
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Summary of Average Mortgages in Cerrillos, New Mexico 87010
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Cerrillos, New Mexico 87010
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Cerrillos, NM 87010. 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 Cerrillos, New Mexico 87010 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Cerrillos, New Mexico and around Santa Fe 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 Cerrillos, New Mexico 87010
For those searching for a new home in Cerrillos, we have compiled a list of the top mortgage brokers located in and around Cerrillos, New Mexico 87010 to assist you with your search.
Name
Address
Contact
Tin Roof Mortgage Services
2 Ocean View Dr
Cerrillos NM 87010
(505) 424-8333
Check 'n Go
1940 Old US 66
Edgewood NM 87010
(505) 281-9481
http://www.checkngo.com/
Vanguard Mortgage
2 Marietta Ct
Edgewood NM 87010
(505) 286-3071
http://www.vanguardnm.com/
American Dream Mortgage
3982 W Martinez Rd
Edgewood NM 87010
(505) 286-4945
PML Mortgage
39 Hill Ranch Rd W
Edgewood NM 87010
(505) 286-5558
http://pmlmortgage.net
Address
2 Ocean View Dr
Cerrillos NM
Contact
(505) 424-8333
Address
1940 Old US 66
Edgewood NM
Contact
(505) 281-9481
http://www.checkngo.com/
Address
2 Marietta Ct
Edgewood NM
Contact
(505) 286-3071
http://www.vanguardnm.com/