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30 Year Fixed Mortgage Rates in New Mexico

Updated: June 27, 2019

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

PRODUCTS RATES +/-
30 Year Fixed 3.88%
15 Year Fixed 3.38%
5/1 ARM 4.17%
Thursday, June 27, 2019

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Mortgage rates for New Mexico go up to 3.88%

Thursday, June 27, 2019

Mortgage rates for New Mexico on Lender411 for 30-year fixed-rate mortgages are at 3.88%. That increased from 3.85% to 3.88%. The 15-year fixed rates are now at 3.38%. The 5/1 ARM mortgage for New Mexico is now at 4.17%.

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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