Compare Today’s Mortgage Rates in Ruidoso, New Mexico 88345
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Ruidoso, New Mexico 88345.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $8,467 over the lifetime of your 30-year fixed loan, or a monthly savings of $24 in Ruidoso and other areas of Lincoln county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
33.347406
-105.650994
37076
Summary of Average Mortgages in Ruidoso, New Mexico 88345
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Ruidoso, New Mexico 88345
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Ruidoso, New Mexico 88345
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Ruidoso, NM 88345. 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 Ruidoso, New Mexico 88345 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Ruidoso, New Mexico and around Lincoln 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 Ruidoso, New Mexico 88345
For those searching for a new home in Ruidoso, we have compiled a list of the top mortgage brokers located in and around Ruidoso, New Mexico 88345 to assist you with your search.
Name
Address
Contact
La Vista Grande Realty
1800 Sudderth Dr
Ruidoso NM 88345
(575) 630-8037
jessradle@gmail.com
Ruidoso Mortgage Co.
601 Mechem Dr
Ruidoso NM 88345
(505) 630-9200
http://www.ruidosomortgage.com/
Reverse Mortgage
522 2nd St
Ruidoso NM 88345
(575) 630-0262
Payday Ok
2810 Sudderth Dr
Ruidoso NM 88345
(505) 257-8163
http://www.paydayok.com/
Mortgage Banking Ruidoso Br
1095 Mechem Dr
Ruidoso NM 88345
(575) 258-6524
Address
1800 Sudderth Dr
Ruidoso NM
Contact
(575) 630-8037
jessradle@gmail.com
Address
601 Mechem Dr
Ruidoso NM
Contact
(505) 630-9200
http://www.ruidosomortgage.com/
Address
522 2nd St
Ruidoso NM
Contact
(575) 630-0262