Compare Today’s Mortgage Rates in Garfield, New Mexico 87936
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Garfield, New Mexico 87936.
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 Garfield, New Mexico 87936. For a 30-year fixed loan, our calculations show that you can expect to save up to $5,839 over the lifetime of your mortgage, which translates to a monthly savings of $16 in Garfield and other areas of Dona Ana county.
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Summary of Average Mortgages in Garfield, New Mexico 87936
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Garfield, New Mexico 87936
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Garfield, NM 87936. 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 Garfield, New Mexico 87936 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Garfield, 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 | 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 Garfield, New Mexico 87936
For those searching for a new home in Garfield, we have compiled a list of the top mortgage brokers located in and around Garfield, New Mexico 87936 to assist you with your search.
Name
Address
Contact
Community Loans & Finance
405 N Date St
Truth Or Consequences NM 87936
(575) 894-3453
Money Man
375 S Foch St
Truth Or Consequences NM 87936
(575) 894-6611
wmhowell@live.com
World Finance
904 N Date St
Truth Or Consequences NM 87936
(575) 894-0113
http://worldacceptance.com
U R Title Loans
210 W Hall St
Hatch NM 87936
(575) 267-8823
Address
405 N Date St
Truth Or Consequences NM
Contact
(575) 894-3453
Address
375 S Foch St
Truth Or Consequences NM
Contact
(575) 894-6611
wmhowell@live.com
Address
904 N Date St
Truth Or Consequences NM
Contact
(575) 894-0113
http://worldacceptance.com