20 Year Fixed Mortgage Rates in New Mexico

Mortgage rates for New Mexico go down to 3.00%

Mortgage rates for New Mexico on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for New Mexico is now at 4.56%.

20 Year Fixed Mortgage Rates

20 Year fixed mortgage rate is a loan program where the monthly payment (this includes both principal and interest) of the loan stays constant during the 20 year life span of the loan. Like other fixed rate mortgages, the loan is "amortized" so that it will be completely paid off by the end of 20 years. Below you will find 20-year fixed refinance rates for national and local lenders in New Mexico. 

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