Compare Today’s Mortgage Rates for Gallup, New Mexico

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Gallup, New Mexico 87301. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $7,686 or $21 / month in Gallup and other areas of Mckinley county.

Our search engine explores all home mortgage options in Gallup, New Mexico 87301, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Gallup, New Mexico 87301

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Gallup, NM

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Gallup, NM 87301, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.

Local Mortgage Rates for Gallup, NM

Historical Mortgage Rates for Gallup, New Mexico 87301 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Gallup, New Mexico and around Mckinley county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed mortgage 93.58% 88.97% 88.46% 89.14% 90.92% 90.89% 93.76% 94.84%
avg mortgage rate 5.00% 4.68% 3.92% 3.95% 4.49% 4.16% 3.97% 4.17%
% 15 year fixed mortgage 5.03% 8.12% 8.19% 9.01% 7.73% 7.41% 4.99% 4.53%
avg mortgage rate 4.40% 3.89% 3.33% 3.15% 3.53% 3.40% 3.15% 3.34%
Avg credit score 758.62 758.08 759.68 755.93 753.89 752.77 750.59 750.91
Avg LTV (loan to value) 71.70% 72.10% 72.72% 75.26% 75.88% 76.43% 77.23% 77.00%
Avg DTI (debt to income) 36.31 34.97 34.74 35.00 35.54 35.96 36.67 36.84
% First time homebuyer 32.01% 30.17% 25.59% 34.83% 35.65% 36.59% 37.43% 35.16%
Avg mortgage insurance % 1.95% 2.48% 3.88% 5.62% 6.53% 6.72% 7.52% 7.01%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Gallup, New Mexico 87301

If you’re looking to buy a new home in Gallup, we have compiled a list of the leading mortgage brokers around Gallup, New Mexico 87301 to help you with your search.

Name
Address
Contact

Active Investors Mortgage Co.

210 E Aztec Ave

Gallup NM 87301

(505) 722-4220

Mister Money USA

1381 US Highway 491

Gallup NM 87301

(505) 726-1901

Cash Stop

251 N US Highway 491

Gallup NM 87301

(505) 722-7867

Regional Finance

1900 E Historic Highway 66

Gallup NM 87301

(505) 863-4988

S-W Tax Loans

1100 US Highway 491

Gallup NM 87301

(505) 863-2323

Address

210 E Aztec Ave

Gallup NM

Contact

(505) 722-4220

Address

1381 US Highway 491

Gallup NM

Contact

(505) 726-1901

Address

251 N US Highway 491

Gallup NM

Contact

(505) 722-7867

News on Mortgages and Reverse Mortgages for Gallup, New Mexico 87301