Compare Today’s Mortgage Rates in Santa Fe, New Mexico 87502
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Santa Fe, New Mexico 87502.
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 $14,991 over the lifetime of your 30-year fixed loan, or a monthly savings of $42 in Santa Fe and other areas of Santa Fe county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Santa Fe, New Mexico 87502
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Santa Fe, New Mexico 87502
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Santa Fe, NM 87502. 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 Santa Fe, New Mexico 87502 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Santa Fe, New Mexico and around Santa Fe 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 | 92.61% | 92.83% | 94.29% | 91.51% | 90.22% | 89.14% | 88.37% | 87.94% | 90.38% |
avg mortgage rate | 6.58% | 4.62% | 3.01% | 3.39% | 4.43% | 4.62% | 4.20% | 3.92% | 4.09% |
% 15 year fixed mortgage | 6.25% | 5.56% | 4.83% | 7.41% | 7.13% | 8.45% | 8.53% | 11.11% | 6.92% |
avg mortgage rate | 5.72% | 3.51% | 2.42% | 2.93% | 3.81% | 4.06% | 3.47% | 3.15% | 3.45% |
Avg credit score | 766.01 | 765.17 | 765.21 | 765.36 | 761.70 | 764.31 | 781.00 | 760.41 | 757.40 |
Avg LTV (loan to value) | 73.28% | 75.83% | 76.91% | 77.22% | 75.59% | 74.65% | 76.62% | 76.35% | 76.52% |
Avg DTI (debt to income) | 35.43 | 33.84 | 32.67 | 33.20 | 34.43 | 33.98 | 33.44 | 34.21 | 33.82 |
% First time homebuyer | 35.23% | 31.92% | 34.25% | 33.02% | 29.35% | 25.52% | 26.16% | 24.76% | 28.46% |
Avg mortgage insurance % | 8.40% | 8.75% | 9.41% | 8.48% | 8.19% | 6.69% | 7.60% | 6.61% | 7.72% |
Best Mortgage Brokers around Santa Fe, New Mexico 87502
For those searching for a new home in Santa Fe, we have compiled a list of the top mortgage brokers located in and around Santa Fe, New Mexico 87502 to assist you with your search.
Name
Address
Contact
World Acceptance
4350 Airport Rd
Santa Fe NM 87502
(505) 473-2838
http://www.worldacceptance.com
Red Door Mortgage Mediation
60 Blue Canyon Trl
Santa Fe NM 87502
(505) 501-3715
Southwest Financial Service
6700 Cerrillos Rd
Santa Fe NM 87502
(505) 473-9820
Speedy Loan
4350 Airport Rd
Santa Fe NM 87502
(505) 471-0537
contact@speedyloan-nm.com
Sunset Distributing
1386 Vegas Verdes
Santa Fe NM 87502
(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