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Dodge monthly mortgage insurance premiums (PMI) completely and secure the standard conventional baseline.
Explore programs requiring as little as 3% down conventional or 3.5% FHA, helping you buy sooner.
Optimize your existing debt service, lower your interest rate, or secure cash-out equity restructure.
Department of Veterans Affairs purchase loans offering 0% down payment and no monthly PMI for military.
Lock in lower interest rates with a 15-year fixed loan term to build massive equity quickly.
Finance non-owner occupied rental acquisitions or multi-unit house hacking with competitive investor pricing.
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Current Local Mortgage Rates
Sorted by lowest conforming purchase rate
Requires veteran or military eligibility
Loan amount is under conforming limits
| Loan Program | Today's Rate / APR | Points | Est. Payment | Action |
|---|---|---|---|---|
| Conventional 30-Yr FixedConforming | 7.025%APR 7.066% | 0 pts$0 | $1,434/moP&I $1,434 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 6.080%APR 6.854% | 0 pts$0 | $1,423/moP&I $1,323 · MI $100 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 6.282%APR 6.341% | 0 pts$0 | $1,328/moP&I $1,328 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 6.798%APR 6.840% | 0 pts$0 | $1,402/moP&I $1,402 · MI $0 | See details |
| Investment Property FixedConforming | 7.625%APR 7.734% | 0 pts$0 | $1,522/moP&I $1,522 · MI $0 | See details |
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Compare all 26 pre-computed scenario benchmarks
Scenario Program | Down Pct | Credit score | Today's Rate | APR | Points | P&I Payment | 3-Yr Metric Cost |
|---|---|---|---|---|---|---|---|
15-Year Conforming Purchase | 20% | 740 credit score | 6.282% | 6.341% | 0 pts ($0) | $1,847/mo | $37,995 |
15-Year Rate/Term Refi | 0% | 740 credit score | 6.058% | 6.119% | 0 pts ($0) | $2,277/mo | $50,990 |
Condo 10% Down | 10% | 720 credit score | 7.249% | 7.424% | 0 pts ($0) | $1,650/mo | $58,005 |
Conventional 10% Down | 10% | 720 credit score | 6.834% | 6.998% | 0 pts ($0) | $1,582/mo | $54,978 |
Conventional 20% Down | 20% | 740 credit score | 7.025% | 7.066% | 0 pts ($0) | $1,434/mo | $44,624 |
Conventional 5% Down | 5% | 700 credit score | 7.211% | 7.702% | 0 pts ($0) | $1,735/mo | $60,935 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.473% | 7.517% | 0 pts ($0) | $1,874/mo | $64,653 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,591/mo | $53,891 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.850% | 7.231% | 0 pts ($0) | $1,708/mo | $61,726 |
Conventional Rate/Term Refi | 0% | 740 credit score | 6.798% | 6.840% | 0 pts ($0) | $1,752/mo | $59,183 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $2,218/mo | $52,881 |
FHA 3.5% Down | 3.5% | 680 credit score | 6.080% | 6.854% | 0 pts ($0) | $1,596/mo | $56,156 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,628/mo | $57,009 |
FHA Streamline Refi | 0% | 640 credit score | 6.274% | 7.051% | 0 pts ($0) | $1,688/mo | $59,788 |
House Hacking Conforming 5% | 5% | 680 credit score | 7.133% | 7.384% | 0 pts ($0) | $1,722/mo | $62,632 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $1,682/mo | $32,923 |
Investment Property 25% Down | 25% | 740 credit score | 7.625% | 7.734% | 0 pts ($0) | $1,427/mo | $45,484 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $1,449/mo | $45,273 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $1,563/mo | $47,921 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.443% | 7.223% | 0 pts ($0) | $1,658/mo | $59,037 |
Second Home 10% Down | 10% | 720 credit score | 6.081% | 6.660% | 0 pts ($0) | $1,463/mo | $49,496 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,414/mo | $43,710 |
VA 0% Down | 0% | 700 credit score | 6.084% | 6.332% | 0 pts ($0) | $1,661/mo | $54,980 |
VA Cash-Out Refi | 0% | 640 credit score | 6.088% | 6.461% | 0 pts ($0) | $1,662/mo | $55,013 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 6.106% | 6.262% | 0 pts ($0) | $1,665/mo | $55,162 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $1,479/mo | $46,790 |
Frequently Asked Questions
What are today's mortgage rates in 04910, , ME across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in 04910, , ME is 7.025% (with an estimated monthly payment of $1,454). Active program rates also include FHA 30-year fixed loans at 6.080% and VA 0%-down fixed loans at 6.084%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in 04910, , ME?
Mortgage rates have shown typical daily fluctuations driven by inflation data and bond yields. Over the past 90 days, conventional 30-year fixed rates in 04910, , ME have fluctuated between a low of 6.916% and a high of 7.173%. You can track these daily movements by using the 90-day rate history and trajectory chart featured on this page.
Is an FHA or Conventional loan more cost-effective in 04910, , ME?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $268,779 in 04910, , ME, a standard 20%-down Conventional loan requires an upfront cash down payment of $53,756 but keeps your monthly payment lower at $1,454/mo (at 7.025% interest) with no monthly PMI. In comparison, an FHA loan requires only $9,407 (3.5% down) but has an estimated payment of $1,618/mo (at 6.080% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $259,372 falls comfortably within the local HUD FHA loan limit of $524,225 (1-unit), making FHA financing an exceptionally accessible, high-leverage entry point into the market.
What is the maximum conforming loan limit in 04910 before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in 04910 is $806,501. With a typical local home value of $268,779 in , a standard 20%-down mortgage requires a loan size of $215,023. Because this is within the $806,501 conforming threshold, buyers can easily qualify for standard conforming conventional financing with competitive rates.
How does the median home value in 04910, , ME impact estimated mortgage payments?
The median home value in 04910, , ME is estimated at $268,779. Buying a typical home here with a standard 20% down payment ($53,756) translates to an estimated starting monthly mortgage payment of $1,454 (principal and interest). Compared to the local area median household income of $65,625 ($5,469/mo), this basic housing payment represents approximately 26.6% of gross monthly household income. This housing cost is well within standard lender affordability guidelines (under the 36% DTI benchmark), demonstrating healthy local purchasing power.