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
$286,151
Loan to Value
6%
75%
97%
Credit Score
595
759
829
Originations by Loan Term / Average Rates
92.0%
30 Year Fixed
4.250%
6.80%
8.625%
low
average
high
5.3%
15 Year Fixed
4.250%
6.19%
7.625%
low
average
high
2.6%
20 Year Fixed
5.250%
6.52%
8.125%
low
average
high
Top 5 Originators in New Mexico
1.2%
US Bank
1.0%
Nationstar Mortgage
1.0%
Pennymac Home Loans
0.9%
Freedom Mortgage
95.8%
Other
Originations by Property Type
68.1%
Single Family
26.0%
Planned Unit Development
3.3%
Condo
2.7%
Manufactured Home
Originations by Loan Purpose
79.2%
Purchase
14.0%
Cashout Refinance
6.8%
Refinance
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