Compare Today’s Mortgage Rates for Rio Rancho, New Mexico

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Rio Rancho, New Mexico 87174. 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 $7,002 or $19 / month in Rio Rancho and surrounding areas of Sandoval 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 Rio Rancho, New Mexico 87174.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Rio Rancho, New Mexico 87174

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Rio Rancho, NM

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Rio Rancho, NM 87174, 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 Rio Rancho, NM

Historical Mortgage Rates for Rio Rancho, New Mexico 87174 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Rio Rancho, New Mexico and around Sandoval 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 Rio Rancho, New Mexico 87174

If you’re looking to buy a new home in Rio Rancho, we have compiled a list of the leading mortgage brokers around Rio Rancho, New Mexico 87174 to help you with your search.

Name
Address
Contact

B F Holdings

2401 State Highway 528

Rio Rancho NM 87174

(505) 892-3810

Prime Source Mortgage

6412 Kalgan Rd NE

Rio Rancho NM 87174

(505) 235-3249

World Acceptance

2218 Southern Blvd SE

Rio Rancho NM 87174

(505) 891-3020

Another Mortgage Co.

4001 Barbara Loop SE

Rio Rancho NM 87174

(505) 896-4663

Pavillion Mortgage

1507 Salida Sol Dr SE

Rio Rancho NM 87174

(505) 702-8936

Address

2401 State Highway 528

Rio Rancho NM

Contact

(505) 892-3810

Address

6412 Kalgan Rd NE

Rio Rancho NM

Contact

(505) 235-3249

Address

2218 Southern Blvd SE

Rio Rancho NM

Contact

(505) 891-3020

News on Mortgages and Reverse Mortgages for Rio Rancho, New Mexico 87174