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New Mexico Conventional Mortgage Rates

Updated: June 18, 2019

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Displaying rates for Mortgage Refinance in NM for $200,000

3.842%

APR
30 Year Fixed
3.750% Rate $926/mo
  • Updated June 18, 2019
  • Free 60 day rate lock
  • Eligible for PenFed Real Estate Rewards
  • Predictable Payments

3.894%

APR
30 Year Fixed
3.750% Rate $926/mo
  • Updated June 18, 2019
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4.125%

APR
30 Year Fixed
4.125% Rate $970/mo
  • Updated June 18, 2019
  • Historically Low Interest Rates - $100 Billion Funded
  • Cash-Out and Debt Consolidation Options
  • No Lender Closing Cost Options Available

4.549%

APR
30 Year Fixed
4.500% Rate $1,014/mo
  • Updated June 18, 2019
  • We close our loans FAST - many in 30 days or less!
  • Rates are still low, but they may rise. Lock your rate today.
  • We have the right loans for first-time and experienced home buyers.

4.125%

APR
30 Year Fixed
4.125% Rate $970/mo
  • Updated June 18, 2019
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PRODUCTS RATES +/-
30 Year Fixed 4.24%
15 Year Fixed 3.46%
5/1 ARM 4.13%
Tuesday, June 18, 2019

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Mortgage rates for New Mexico go down to 4.24%

Tuesday, June 18, 2019

Mortgage rates for New Mexico on Lender411 for 30-year fixed-rate mortgages are at 4.24%. That dropped from 4.31% to 4.24%. The 15-year fixed rates are now at 3.46%. The 5/1 ARM mortgage for New Mexico is now at 4.13%.

 

Conventional Mortgage Rates & Loan Limits in New Mexico

A conventional mortgage loan is a home loan that is not backed directly by the federal government such as the FHA and VA loans. However, conforming conventional mortgage loans follow the terms and conditions set by the government sponsored enterprises (GSEs): Freddie Mac and Fannie Mae. When buying a home in New Mexico or refinancing your existing mortgage, a conventional mortgage should definitey be an option. Conventional mortgages  have low closing costs and flexible payment options. Check out our main page on Conventional Home Mortgage Rates.

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