Compare Today’s Mortgage Rates in Fairacres, New Mexico 88033
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Fairacres, New Mexico 88033.
Our search engine thoroughly explores all home mortgage options in Fairacres, New Mexico 88033, 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 $6,656 in lifetime cash or $18 per month in Fairacres and other areas of Dona Ana county.
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Summary of Average Mortgages in Fairacres, New Mexico 88033
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Fairacres, New Mexico 88033
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Fairacres, NM 88033. 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 Fairacres, New Mexico 88033 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Fairacres, New Mexico and around Dona Ana 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 | 93.53% | 92.30% | 92.19% | 92.22% | 91.64% | 87.28% | 84.94% | 89.62% | 87.02% |
avg mortgage rate | 6.50% | 4.59% | 3.05% | 3.40% | 4.59% | 4.77% | 4.27% | 3.95% | 4.08% |
% 15 year fixed mortgage | 5.88% | 6.40% | 6.30% | 6.07% | 5.39% | 11.56% | 12.13% | 8.49% | 11.54% |
avg mortgage rate | 5.46% | 3.94% | 2.39% | 2.95% | 3.74% | 4.22% | 3.56% | 3.21% | 3.29% |
Avg credit score | 759.64 | 766.44 | 754.04 | 759.10 | 754.40 | 752.82 | 753.21 | 754.09 | 756.82 |
Avg LTV (loan to value) | 76.35% | 79.46% | 82.55% | 82.86% | 80.97% | 80.45% | 81.28% | 82.66% | 83.29% |
Avg DTI (debt to income) | 36.73 | 35.36 | 33.08 | 32.56 | 33.83 | 32.83 | 33.20 | 33.43 | 31.26 |
% First time homebuyer | 34.12% | 33.58% | 33.84% | 33.40% | 28.84% | 28.90% | 28.03% | 27.36% | 29.81% |
Avg mortgage insurance % | 12.51% | 11.70% | 13.30% | 13.53% | 12.23% | 11.46% | 9.31% | 13.51% | 12.90% |
Best Mortgage Brokers around Fairacres, New Mexico 88033
For those searching for a new home in Fairacres, we have compiled a list of the top mortgage brokers located in and around Fairacres, New Mexico 88033 to assist you with your search.
Name
Address
Contact
Check 'n Go
707 E Pine St
Deming NM 88033
(575) 544-8995
comments@checkngo.com
Cooper Agency
108 W Maple St
Deming NM 88033
(575) 546-8881
http://coopersmithagency.com
World Acceptance
101 S Copper St
Deming NM 88033
(575) 546-7100
http://www.worldacceptance.com
Liberty Finance
202 S Gold Ave
Deming NM 88033
(575) 544-4010
Ko Capitol
301 E Ash St
Deming NM 88033
(575) 546-8881
Address
707 E Pine St
Deming NM
Contact
(575) 544-8995
comments@checkngo.com
Address
108 W Maple St
Deming NM
Contact
(575) 546-8881
http://coopersmithagency.com
Address
101 S Copper St
Deming NM
Contact
(575) 546-7100
http://www.worldacceptance.com