Compare Today’s Mortgage Rates in La Luz, New Mexico 88337
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in La Luz, New Mexico 88337.
Our search engine thoroughly explores all home mortgage options in La Luz, New Mexico 88337, 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 $6,240 in lifetime cash or $17 per month in La Luz and other areas of Otero county.
Summary of Average Mortgages in La Luz, New Mexico 88337
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Interactive Mortgage Rate Projections for La Luz, New Mexico 88337
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in La Luz, NM 88337. 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 La Luz, New Mexico 88337 from 2024 - 2016
We have compiled mortgage rates charts for home loans in La Luz, New Mexico and around Otero 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 | 95.08% | 90.87% | 87.30% | 88.93% | 84.85% | 82.49% | 76.80% | 84.17% | 75.76% |
avg mortgage rate | 6.67% | 4.71% | 3.08% | 3.53% | 4.61% | 4.71% | 4.26% | 4.01% | 4.10% |
% 15 year fixed mortgage | 3.28% | 7.60% | 10.48% | 9.84% | 11.62% | 15.25% | 19.20% | 14.17% | 21.97% |
avg mortgage rate | 5.56% | 4.01% | 2.42% | 2.82% | 3.76% | 4.02% | 3.47% | 3.23% | 3.33% |
Avg credit score | 745.38 | 788.40 | 759.43 | 761.89 | 758.03 | 749.38 | 757.24 | 757.14 | 761.80 |
Avg LTV (loan to value) | 76.39% | 77.91% | 79.46% | 80.49% | 79.55% | 76.41% | 77.98% | 80.20% | 77.36% |
Avg DTI (debt to income) | 34.33 | 34.95 | 32.98 | 32.92 | 33.70 | 33.68 | 31.79 | 31.63 | 30.21 |
% First time homebuyer | 22.95% | 18.63% | 20.32% | 14.34% | 17.17% | 21.47% | 10.40% | 15.00% | 15.15% |
Avg mortgage insurance % | 10.98% | 9.22% | 9.37% | 9.89% | 9.60% | 7.99% | 5.47% | 8.06% | 6.27% |
Best Mortgage Brokers around La Luz, New Mexico 88337
For those searching for a new home in La Luz, we have compiled a list of the top mortgage brokers located in and around La Luz, New Mexico 88337 to assist you with your search.
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