New Mexico Mortgage Rates
We've compiled mortgage rate and origination data from New Mexico to give you an idea of where other borrowers are at. This data is based fixed rate, conforming loan data from Fannie Mae and Freddie Mac.
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New Mexico Mortgage Statistics
Average Loan Size
$231,531
Loan to Value
3%
74%
97%
Credit Score
601
756
835
Originations by Loan Term / Average Rates
80.8 %
30 Year Fixed
1.999%
3.23%
6.125%
low
average
high
15.0 %
15 Year Fixed
1.750%
2.80%
5.000%
low
average
high
4.3 %
20 Year Fixed
2.242%
3.20%
5.125%
low
average
high
Top 5 Originators in New Mexico
5.3 %
Pennymac Home Loans
3.0 %
US Bank
1.4 %
Quicken Loans
1.0 %
Finance of America Mortgage
89.2 %
Other
Originations by Property Type
72.4 %
Single Family
24.0 %
Planned Unit Development
2.5 %
Condo
1.1 %
Manufactured Home
Originations by Loan Purpose
44.1 %
Refinance
36.2 %
Purchase
19.7 %
Cashout Refinance
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