Compare Today’s Mortgage Rates in Fruitland, New Mexico 87416
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Fruitland, New Mexico 87416.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Fruitland, New Mexico 87416. For a 30-year fixed loan, our calculations show that you can expect to save up to $6,963 over the lifetime of your mortgage, which translates to a monthly savings of $19 in Fruitland and other areas of San Juan county.
Summary of Average Mortgages in Fruitland, New Mexico 87416
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Interactive Mortgage Rate Projections for Fruitland, New Mexico 87416
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Fruitland, NM 87416. 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 Fruitland, New Mexico 87416 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Fruitland, New Mexico and around San Juan 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 Fruitland, New Mexico 87416
For those searching for a new home in Fruitland, we have compiled a list of the top mortgage brokers located in and around Fruitland, New Mexico 87416 to assist you with your search.
Prime Source Mortage
2901 N Fairview Ave
Farmington NM 87416
(505) 327-5522
Security Finance Corporation
1903 E 20th St
Farmington NM 87416
(505) 326-7500
http://security-finance.com
Southwest Financial
480 E 20th St
Farmington NM 87416
(505) 326-0266
swloans@advantas.net
Tierra Del Sol Realstate Properties
22 Road 3957
Farmington NM 87416
(505) 324-2114
Loanmax Title Loans
953 E Main St
Farmington NM 87416
(505) 629-1444
https://www.loanmaxtitleloans.net/Locations/NEW-MEXICO/Farmington/953-E-Main-St
Address
2901 N Fairview Ave
Farmington NM
Contact
(505) 327-5522
Address
1903 E 20th St
Farmington NM
Contact
(505) 326-7500
http://security-finance.com
Address
480 E 20th St
Farmington NM
Contact
(505) 326-0266
swloans@advantas.net