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Maine Mortgages (ME)The housing market in Maine is cooling, although house prices continue to rise, at a more moderate rate than the past few years. The State is making plans to support future job growth, up to 2,000 new jobs over the next few years. A steady job market will keep the real estate market healthy. Mortgage rates fell slightly in early April, making this a good time to purchase or re-finance a home in Maine. Quick Maine Housing factsPercent of Mainers who own a home: 71.6%Percent of Renters in Maine: 28.4% Median Maine Household Income: $37,405 Best City to live in Maine: Bangor, Maine How much house can I afford in MaineOne of the biggest problems facing Maine homebuyers is figuring out how much house you can afford. We have some great mortgage calculators that can help you figure how much home will fit into your monthly budget. Don’t forget there are many other home options out there specifically for Maine residences. We work with local and national lenders to make sure that you get the best rate possible.Refinancing in MaineWhile rates are still at historic lows, many people are expecting them to rise. If you still have an adjustable rate mortgage, or an interest only it might be a good time to think about refinancing and lock in some of these low interest rates. Other reasons you might wan to refinance include consolidating all your high interest credit card debt, or getting some money to improve your home. No matter what your situation might be, bad credit or not, Bradford is here to help.Request a Maine Mortgage Quote >>
This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states. |
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