Compare Today’s Mortgage Rates for Raton, New Mexico

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Raton, New Mexico 87740. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $5,530 or $15 / month in Raton and other areas of Colfax county.

Our search engine explores all home mortgage options in Raton, New Mexico 87740, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Raton, New Mexico 87740

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Raton, NM

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Raton, NM 87740, 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 Raton, NM

Historical Mortgage Rates for Raton, New Mexico 87740 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Raton, New Mexico and around Colfax 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 93.58% 88.97% 88.46% 89.14% 90.92% 90.89% 93.76% 94.84%
avg mortgage rate 5.00% 4.68% 3.92% 3.95% 4.49% 4.16% 3.97% 4.17%
% 15 year fixed mortgage 5.03% 8.12% 8.19% 9.01% 7.73% 7.41% 4.99% 4.53%
avg mortgage rate 4.40% 3.89% 3.33% 3.15% 3.53% 3.40% 3.15% 3.34%
Avg credit score 758.62 758.08 759.68 755.93 753.89 752.77 750.59 750.91
Avg LTV (loan to value) 71.70% 72.10% 72.72% 75.26% 75.88% 76.43% 77.23% 77.00%
Avg DTI (debt to income) 36.31 34.97 34.74 35.00 35.54 35.96 36.67 36.84
% First time homebuyer 32.01% 30.17% 25.59% 34.83% 35.65% 36.59% 37.43% 35.16%
Avg mortgage insurance % 1.95% 2.48% 3.88% 5.62% 6.53% 6.72% 7.52% 7.01%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Raton, New Mexico 87740

If you’re looking to buy a new home in Raton, we have compiled a list of the leading mortgage brokers around Raton, New Mexico 87740 to help 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

News on Mortgages and Reverse Mortgages for Raton, New Mexico 87740