Mortgage rates for New Mexico
go up to 4.18%
Wednesday, April 26, 2017
Mortgage rates for New Mexico on Lender411 for 30-year fixed-rate mortgages are at 4.18%.
That increased from 4.07% to 4.18%.
The 15-year fixed rates are now at 3.31%. The 5/1 ARM mortgage for New Mexico is now at 3.40%.
20 Year Fixed Mortgage Rates
20 Year fixed mortgage rate is a loan program where the monthly payment (this includes both principal and interest) of the loan stays constant during the 20 year life span of the loan. Like other fixed rate mortgages, the loan is "amortized" so that it will be completely paid off by the end of 20 years. Below you will find 20-year fixed refinance rates for national and local lenders in New Mexico.
Las Cruces |
Rio Rancho |
Santa Fe |
Silver City |