Compare Today’s Mortgage Rates in Raton, New Mexico 87740
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Raton, New Mexico 87740.
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 Raton, New Mexico 87740. For a 30-year fixed loan, our calculations show that you can expect to save up to $3,795 over the lifetime of your mortgage, which translates to a monthly savings of $11 in Raton and other areas of Colfax county.
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Summary of Average Mortgages in Raton, New Mexico 87740
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Raton, New Mexico 87740
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Raton, NM 87740. 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 Raton, New Mexico 87740 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Raton, New Mexico and around Colfax 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 Raton, New Mexico 87740
For those searching for a new home in Raton, we have compiled a list of the top mortgage brokers located in and around Raton, New Mexico 87740 to assist you with your search.
Name
Address
Contact
Your Credit
1251 S 2nd St
Raton NM 87740
(575) 445-4000
A & A Title Loans
1400 S 2nd St
Raton NM 87740
(575) 445-0300
OneMain Financial
2510 7th St
Las Vegas NM 87740
(505) 425-3583
http://branches.onemainfinancial.com/nm/las-vegas/2510-7th-st.html
Check 'n Go
2514 7th St
Las Vegas NM 87740
(505) 425-2912
comments@checkngo.com
Speedy Loan
201 Mills Ave
Las Vegas NM 87740
(505) 425-9678
contact@speedyloan-nm.com
Address
1251 S 2nd St
Raton NM
Contact
(575) 445-4000
Address
1400 S 2nd St
Raton NM
Contact
(575) 445-0300
Address
2510 7th St
Las Vegas NM
Contact
(505) 425-3583
http://branches.onemainfinancial.com/nm/las-vegas/2510-7th-st.html