New Mexico

Today's New Mexico (NM) Mortgage Rates


Flagstar Bank
NMLS # 417490
3.905% APR
3.875% RATE
0 Points
30 day lock
Fees: $905
Monthly Payment
$1,175.59

NEXT  
3.769% APR
3.750% RATE
0 Points
30 day lock
Fees: $582
Monthly Payment
$1,157.79

NEXT  
3.875% APR
3.875% RATE
0 Points
30 day lock
Fees: $0
Monthly Payment
$1,175.59

NEXT  

QuickenLoans
NMLS # 3030
4.397% APR
4.375% RATE
0 Points
30 day lock
Fees: $650
Monthly Payment
$1,248.21

NEXT  

eRates Mortgage
NMLS # 1071
State Lic # 02188
3.875% APR
3.875% RATE
0 Points
30 day lock
Fees: $0
Monthly Payment
$1,175.59

NEXT  

K2 Lending
NMLS # 378510
State Lic # 02188
3.778% APR
3.750% RATE
0 Points
30 day lock
Fees: $849
Monthly Payment
$1,157.79

NEXT  

EverBank
NMLS # 399805
State Lic # 02188
3.930% APR
3.875% RATE
0 Points
30 day lock
Fees: $1,665
Monthly Payment
$1,175.59

NEXT  
3.750% APR
3.750% RATE
0 Points
30 day lock
Fees: $0
Monthly Payment
$1,157.79

NEXT  

Rates were collected by Bankrate.com on the dates specified. Rates are subject to change without notice and may vary from branch to branch. APR and Payment examples shown do not include amounts for taxes and insurance premiums. The monthly payment obligation will be greater if taxes and insurance are included.


New Mexico (NM) Mortgage Rates & Mortgage Loan Data – Prior Year

  • Loan originated: 428,181
  • Application denied by financial institution: 198,561
  • Loan purchased by the institution: 165,639
  • Application withdrawn by applicant: 96,756
  • Application approved but not accepted: 53,632
  • File closed for incompleteness: 30,393
  • Preapproval request denied by financial institution: 114
  • Preapproval request approved but not accepted: 6

  • Refinancing: 564,821
  • Home purchase: 344,538
  • Home improvement: 63,923

  • Conventional: 699,158
  • FHA-insured: 191,139
  • VA-guaranteed: 77,107
  • FSA/RHS-guaranteed: 5,878

  • White: 714,657
  • Information not provided by applicant in mail, Internet, or telephone application: 122,544
  • Not applicable: 78,046
  • American Indian or Alaska Native: 26,896
  • Asian: 14,319
  • Black or African American: 13,605
  • Native Hawaiian or Other Pacific Islander: 3,215

  • Not Hispanic or Latino: 507,094
  • Hispanic or Latino: 288,067
  • Information not provided by applicant in mail, Internet, or telephone application: 99,921
  • Not applicable: 78,200

  • Male: 568,386
  • Female: 266,013
  • Not applicable: 78,076
  • Information not provided by applicant in mail, Internet, or telephone application: 60,807

  • Department of Housing and Urban Development: 309,415
  • Office of the Comptroller of the Currency: 204,288
  • Consumer Financial Protection Bureau: 183,952
  • Federal Reserve System: 83,701
  • Office of Thrift Supervision: 78,474
  • Federal Deposit Insurance Corporation: 60,476
  • National Credit Union Administration: 52,976

  • Bernalillo County: 381,923
  • Sandoval County: 101,328
  • Dońa Ana County: 89,254
  • Santa Fe County: 88,114
  • San Juan County: 43,086
  • Valencia County: 36,724
  • Otero County: 23,941
  • Chaves County: 22,012
  • Eddy County: 21,794
  • Lea County: 19,882
  • Curry County: 19,648
  • Taos County: 14,602
  • Lincoln County: 12,955
  • Rio Arriba County: 11,173
  • Los Alamos County: 10,290
  • McKinley County: 9,727
  • San Miguel County: 8,813
  • Grant County: 8,452
  • Luna County: 7,880
  • Colfax County: 6,046
  • Roosevelt County: 5,464
  • Unknown: 5,430
  • Torrance County: 5,242
  • Cibola County: 4,510
  • Socorro County: 4,181
  • Sierra County: 4,165
  • Quay County: 1,676
  • Union County: 1,043
  • Mora County: 962
  • Catron County: 876
  • Guadalupe County: 854
  • Hidalgo County: 807
  • De Baca County: 342
  • Harding County: 86

  • Albuquerque – NM: 524,044
  • Unknown: 229,463
  • Las Cruces – NM: 89,099
  • Santa Fe – NM: 87,917
  • Farmington – NM: 42,759

  • Unknown: 839,129
  • Credit history: 39,071
  • Collateral: 28,928
  • Debt-to-income ratio: 27,866
  • Other: 14,922
  • Credit application incomplete: 13,171
  • Unverifiable information: 5,520
  • Insufficient cash (downpayment, closing costs): 2,701
  • Employment history: 1,777
  • Mortgage insurance denied: 197

  • Not a HOEPA loan: 973,054
  • HOEPA loan: 228

  • Secured by a first lien: 738,762
  • Not applicable: 165,639
  • Secured by a subordinate lien: 48,034
  • Not secured by a lien: 20,847

  • Owner-occupied as a principal dwelling: 870,350
  • Not owner-occupied as a principal dwelling: 99,972
  • Not applicable: 2,960

  • One-to-four family dwelling (other than manufactured housing): 906,786
  • Manufactured housing: 65,466
  • Multifamily dwelling: 1,030

  • Loan was not originated or was not sold in calendar year covered by register: 507,491
  • Fannie Mae (FNMA): 132,442
  • Ginnie Mae (GNMA): 94,848
  • Freddie Mac (FHLMC): 66,952
  • Other type of purchaser: 48,680
  • Commercial bank, savings bank or savings association: 40,294
  • Affiliate institution: 39,751
  • Life insurance company, credit union, mortgage bank, or finance company: 37,839
  • Private securitization: 4,978
  • Farmer Mac (FAMC): 7