Compare Today’s Mortgage Rates in Andover, Massachusetts 01810
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Andover, Massachusetts 01810.
Our search engine thoroughly explores all home mortgage options in Andover, Massachusetts 01810, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $17,939 in lifetime cash or $50 per month in Andover and other areas of Essex county.
42.64956
-71.156481
486
Summary of Average Mortgages in Andover, Massachusetts 01810
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Andover, Massachusetts 01810
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Andover, Massachusetts 01810
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Andover, MA 01810. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Andover, Massachusetts 01810 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Andover, Massachusetts and around Essex county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 96.65% | 93.87% | 94.05% | 93.13% | 92.18% | 89.78% | 90.02% | 91.97% | 87.70% |
avg mortgage rate | 6.45% | 4.69% | 3.06% | 3.45% | 4.45% | 4.70% | 4.23% | 3.95% | 4.13% |
% 15 year fixed mortgage | 2.68% | 4.87% | 4.88% | 5.49% | 5.90% | 7.16% | 7.70% | 6.11% | 10.68% |
avg mortgage rate | 5.88% | 3.78% | 2.47% | 2.97% | 3.84% | 4.07% | 3.59% | 3.13% | 3.31% |
Avg credit score | 749.56 | 754.48 | 752.02 | 756.58 | 755.01 | 753.80 | 755.19 | 752.54 | 765.43 |
Avg LTV (loan to value) | 80.22% | 82.22% | 83.86% | 83.42% | 82.69% | 81.85% | 82.42% | 83.17% | 81.30% |
Avg DTI (debt to income) | 37.32 | 35.93 | 34.31 | 34.99 | 35.61 | 35.06 | 34.82 | 34.63 | 33.82 |
% First time homebuyer | 49.75% | 47.19% | 46.25% | 42.19% | 42.24% | 38.36% | 38.41% | 39.74% | 38.40% |
Avg mortgage insurance % | 12.71% | 13.51% | 14.43% | 14.16% | 13.35% | 12.10% | 12.77% | 13.50% | 11.36% |
Best Mortgage Brokers around Andover, Massachusetts 01810
For those searching for a new home in Andover, we have compiled a list of the top mortgage brokers located in and around Andover, Massachusetts 01810 to assist you with your search.
Name
Address
Contact
Mortgage Financial
22 Somerset Dr
Andover MA 01810
(978) 927-0775
Aaction Mortgage
89 N Main St
Andover MA 01810
(800) 957-6464
Metro Boston Mortgage
44 Park St
Andover MA 01810
(978) 475-0696
Residential Mortgage Services
16 Post Office Ave
Andover MA 01810
(978) 409-2601
Onemain Financial
2 Elm Sq
Andover MA 01810
(978) 474-4855
http://www.onemainfinancial.com/
Address
22 Somerset Dr
Andover MA
Contact
(978) 927-0775
Address
89 N Main St
Andover MA
Contact
(800) 957-6464
Address
44 Park St
Andover MA
Contact
(978) 475-0696