New Mexico Mortgage Rates
Rather than show you an average rate for a perfect borrower scenario, we've estimated mortgage rates for 4 different borrower profiles from lenders serving New Mexico.

We've also compiled some mortgage 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.

New Mexico Mortgage Statistics
Average Loan Size
$217,078
Loan to Value
6%
75%
97%
Credit Score
592
752
828
Originations by Loan Term / Average Rates
78.6 %
30 Year Fixed
2.605%
4.10%
6.625%
low
average
high
16.2 %
15 Year Fixed
2.250%
3.46%
5.500%
low
average
high
5.2 %
20 Year Fixed
2.750%
3.84%
6.125%
low
average
high
Top 5 Originators in New Mexico
9.0 %
Quicken Loans
4.1 %
US Bank
0.8 %
Pennymac Home Loans
0.7 %
Finance of America Mortgage
85.4 %
Other
Originations by Property Type
72.1 %
Single Family
24.2 %
Planned Unit Development
2.8 %
Condo
0.9 %
Manufactured Home
Originations by Loan Purpose
49.8 %
Purchase
30.4 %
Refinance
19.9 %
Cashout Refinance