Compare Today’s Mortgage Rates for Santa Fe, New Mexico

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Santa Fe, New Mexico 87509. 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 $14,483 or $40 / month in Santa Fe and surrounding areas of Santa Fe 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 Santa Fe, New Mexico 87509.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Santa Fe, New Mexico 87509

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Santa Fe, NM

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Santa Fe, NM 87509, 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 Santa Fe, NM

Historical Mortgage Rates for Santa Fe, New Mexico 87509 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Santa Fe, New Mexico and around Santa Fe 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 Santa Fe, New Mexico 87509

If you’re looking to buy a new home in Santa Fe, we have compiled a list of the leading mortgage brokers around Santa Fe, New Mexico 87509 to help you with your search.

Name
Address
Contact

World Acceptance

4350 Airport Rd

Santa Fe NM 87509

(505) 473-2838

http://www.worldacceptance.com

Red Door Mortgage Mediation

60 Blue Canyon Trl

Santa Fe NM 87509

(505) 501-3715

Southwest Financial Service

6700 Cerrillos Rd

Santa Fe NM 87509

(505) 473-9820

Speedy Loan

4350 Airport Rd

Santa Fe NM 87509

(505) 471-0537

contact@speedyloan-nm.com

Sunset Distributing

1386 Vegas Verdes

Santa Fe NM 87509

(505) 424-8748

joan@sunsetcomm.com

Address

4350 Airport Rd

Santa Fe NM

Contact

(505) 473-2838

http://www.worldacceptance.com

Address

60 Blue Canyon Trl

Santa Fe NM

Contact

(505) 501-3715

Address

6700 Cerrillos Rd

Santa Fe NM

Contact

(505) 473-9820

News on Mortgages and Reverse Mortgages for Santa Fe, New Mexico 87509