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

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Santa Teresa, New Mexico 88008. 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 $6,648 or $18 / month in Santa Teresa and surrounding areas of Dona Ana 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 Teresa, New Mexico 88008.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Santa Teresa, New Mexico 88008

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Santa Teresa, NM

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Santa Teresa, NM 88008, 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 Teresa, NM

Historical Mortgage Rates for Santa Teresa, New Mexico 88008 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Santa Teresa, New Mexico and around Dona Ana 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 89.74% 86.69% 86.99% 87.39% 88.65% 87.57% 88.92% 89.32%
avg mortgage rate 4.94% 4.65% 3.89% 3.93% 4.42% 4.08% 3.88% 4.12%
% 15 year fixed mortgage 8.46% 10.84% 11.41% 11.04% 9.80% 10.70% 9.65% 8.92%
avg mortgage rate 4.32% 3.86% 3.16% 3.08% 3.45% 3.18% 3.09% 3.30%
Avg credit score 761.83 761.00 761.69 757.79 754.67 754.66 751.31 752.31
Avg LTV (loan to value) 73.39% 74.66% 76.50% 77.97% 79.56% 79.81% 80.33% 80.47%
Avg DTI (debt to income) 33.78 33.47 33.14 33.64 34.37 35.17 35.58 36.03
% First time homebuyer 49.30% 43.60% 45.46% 48.16% 49.69% 51.51% 52.51% 52.09%
Avg mortgage insurance % 3.14% 4.03% 6.00% 7.90% 8.98% 9.84% 10.55% 10.12%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Santa Teresa, New Mexico 88008

If you’re looking to buy a new home in Santa Teresa, we have compiled a list of the leading mortgage brokers around Santa Teresa, New Mexico 88008 to help you with your search.

Name
Address
Contact

Fastbucks

5312 Rio Bravo Dr

Santa Teresa NM 88008

(575) 589-1291

cs@fastbucks.com

TitleMax Title Loans

1074 Country Club Rd

Santa Teresa NM 88008

(575) 589-0026

webinquiries@titlemax.com

Interstate Capital

1255 Country Club Rd

Santa Teresa NM 88008

(800) 422-5995

info@interstatecapital.com

OneMain Financial

400 N Telshor Blvd

Las Cruces NM 88008

(575) 522-0058

http://branches.onemainfinancial.com/nm/las-cruces/400-north-telshor-boulevard.html

Check 'n Go

400 N Telshor Blvd

Las Cruces NM 88008

(575) 522-6200

comments@checkngo.com

Address

5312 Rio Bravo Dr

Santa Teresa NM

Contact

(575) 589-1291

cs@fastbucks.com

Address

1074 Country Club Rd

Santa Teresa NM

Contact

(575) 589-0026

webinquiries@titlemax.com

Address

1255 Country Club Rd

Santa Teresa NM

Contact

(800) 422-5995

info@interstatecapital.com

News on Mortgages and Reverse Mortgages for Santa Teresa, New Mexico 88008