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30 Year Fixed Mortgage Rates in New Mexico

Updated: April 05, 2020

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

3.250%

APR
30 Year Fixed
3.250% Rate $871/mo
  • Updated April 05, 2020
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3.342%

APR
30 Year Fixed
3.125% Rate $857/mo
  • Updated April 05, 2020
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PRODUCTS RATES +/-
30 Year Fixed 3.38%
15 Year Fixed 3.41%
5/1 ARM 4.13%
Sunday, April 05, 2020

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Mortgage rates for New Mexico go down to 3.38%

Sunday, April 5, 2020

Mortgage rates for New Mexico on Lender411 for 30-year fixed-rate mortgages are at 3.38%. That dropped from 3.38% to 3.38%. The 15-year fixed rates are now at 3.41%. The 5/1 ARM mortgage for New Mexico is now at 4.13%.

30 Year Fixed Mortgage Rate Explained

30 year fixed mortgage is probably the most popular fixed rate loan available. The monthly principal and interest payments of this type of loan never change during its life and the loan is "amortized" so that it will be completely paid off by the end of the loan term. Above you will find 30-year fixed refinance rates for national and local lenders in New Mexico.  

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