Compare Today’s Mortgage Rates for Portales, New Mexico

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Portales, New Mexico 88130. 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 $6,590 or $18 / month in Portales and surrounding areas of Roosevelt 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 Portales, New Mexico 88130.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Portales, New Mexico 88130

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Portales, NM

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Portales, NM 88130, 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 Portales, NM

Historical Mortgage Rates for Portales, New Mexico 88130 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Portales, New Mexico and around Roosevelt 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 Portales, New Mexico 88130

If you’re looking to buy a new home in Portales, we have compiled a list of the leading mortgage brokers around Portales, New Mexico 88130 to help you with your search.

Name
Address
Contact

The Mortgage Superstore

1500 S Avenue E

Portales NM 88130

(800) 870-1319

A & A Title Loan

42405 US 70

Portales NM 88130

(575) 359-2811

Prime Source Mortgage

1914 Highway 236

Portales NM 88130

(575) 356-5949

Wells Fargo Home Mortgage

316 W 2nd St

Portales NM 88130

(575) 359-3601

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

Hestia Mortgage

226 W 2nd St

Portales NM 88130

(575) 356-5603

nmamort@yucca.net

Address

1500 S Avenue E

Portales NM

Contact

(800) 870-1319

Address

42405 US 70

Portales NM

Contact

(575) 359-2811

Address

1914 Highway 236

Portales NM

Contact

(575) 356-5949

News on Mortgages and Reverse Mortgages for Portales, New Mexico 88130