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Today's mortgage rates in Maine are 7.197% for a 30-year fixed, 6.365% for a 15-year fixed, and 7.950% for a 5-year adjustable-rate mortgage (ARM). Getting ready to buy a home? We'll find you a highly rated lender in just a few minutes.
Ing to Insider calculations based on the latest data, the average borrower getting a mortgage in 2023 will have a monthly payment around $2,823 if they're getting a 30-year fixed-rate mortgage, and $3,724 on a 15-year fixed-rate mortgage.
State-By-State Average Mortgage Payments StateMedian Monthly PaymentAverage Monthly Household IncomeArizona$2,397$7,765Arkansas$1,895$6,094California$3,399$10,079Colorado$2,878$9,22146 more rows
Today's national 30-year mortgage interest rate trends For today, Thursday, November 30, 2023, the current average 30-year fixed mortgage interest rate is 7.69%, down 4 basis points over the last week.
Minimum Credit Score of 640. Income Limits Most Maine homebuyers are income eligible for a MaineHousing mortgage. When an RD loan guarantee is used, additional limits may apply. See mainehousing.org/firsthomelimits.
Current mortgage rates in Maine As of Friday, December 1, 2023, current mortgage interest rates in Maine are 7.68% for a 30-year fixed mortgage and 6.97% for a 15-year fixed mortgage.