Compare Today’s Mortgage Rates for La Luz, New Mexico

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in La Luz, New Mexico 88337. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $7,206 or $20 / month in La Luz and surrounding areas of Otero county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for La Luz, New Mexico 88337.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in La Luz, New Mexico 88337

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for La Luz, NM

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in La Luz, NM 88337, 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 La Luz, NM

Historical Mortgage Rates for La Luz, New Mexico 88337 from 2013 - 2020

We have compiled mortgage rate charts for home loans in La Luz, New Mexico and around Otero 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 89.74% 86.69% 86.99% 87.39% 88.65% 87.57% 88.92% 89.32%
avg mortgage rate 4.94% 4.65% 3.89% 3.93% 4.42% 4.08% 3.88% 4.12%
% 15 year fixed mortgage 8.46% 10.84% 11.41% 11.04% 9.80% 10.70% 9.65% 8.92%
avg mortgage rate 4.32% 3.86% 3.16% 3.08% 3.45% 3.18% 3.09% 3.30%
Avg credit score 761.83 761.00 761.69 757.79 754.67 754.66 751.31 752.31
Avg LTV (loan to value) 73.39% 74.66% 76.50% 77.97% 79.56% 79.81% 80.33% 80.47%
Avg DTI (debt to income) 33.78 33.47 33.14 33.64 34.37 35.17 35.58 36.03
% First time homebuyer 49.30% 43.60% 45.46% 48.16% 49.69% 51.51% 52.51% 52.09%
Avg mortgage insurance % 3.14% 4.03% 6.00% 7.90% 8.98% 9.84% 10.55% 10.12%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around La Luz, New Mexico 88337

If you’re looking to buy a new home in La Luz, we have compiled a list of the leading mortgage brokers around La Luz, New Mexico 88337 to help you with your search.

Name
Address
Contact

Ruidoso Mountain Rentals

1800 Sudderth Dr

Ruidoso NM 88337

(575) 257-1085

ruidosomountainrentals@gmail.com

Wells Fargo Home Mortgage

401 Sudderth Dr

Ruidoso NM 88337

(575) 257-6999

http://www.wellsfargo.com/mortgage/

World Finance

394 Sudderth Dr

Ruidoso NM 88337

(575) 257-5840

http://www.worldacceptance.com

Ruidoso Mortgage Co.

1123 Mechem Dr

Ruidoso NM 88337

(575) 258-1316

info@bbbsw.org

Liberty Finance Co.

238 Sudderth Dr

Ruidoso NM 88337

(575) 257-0114

sales@libertyfg.com

Address

1800 Sudderth Dr

Ruidoso NM

Contact

(575) 257-1085

ruidosomountainrentals@gmail.com

Address

401 Sudderth Dr

Ruidoso NM

Contact

(575) 257-6999

http://www.wellsfargo.com/mortgage/

Address

394 Sudderth Dr

Ruidoso NM

Contact

(575) 257-5840

http://www.worldacceptance.com

News on Mortgages and Reverse Mortgages for La Luz, New Mexico 88337