Compare Today’s Mortgage Rates for Berlin, Massachusetts

Pureloan searches all major banks and mortgage lenders for the best home loan rates in Berlin, Massachusetts 01503. We provide popular mortgage brokers in your area and a detailed analysis of your home loan payments. For 30-year fixed, expected lifetime cash savings are $54,847 or $152 / month in Berlin and surrounding areas of Worcester county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Berlin, Massachusetts 01503.

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Summary of Average Mortgage Terms in Berlin, Massachusetts 01503

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Historical Mortgage Rates for Berlin, Massachusetts 01503 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Berlin, Massachusetts and around Worcester county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2012 2013 2014 2015 2016 2017 2018 2019
% 30 year fixed mortgage 90.33% 88.55% 88.35% 90.40% 90.27% 90.27% 91.83% 91.51%
avg mortgage rate 4.90% 4.63% 3.85% 3.93% 4.40% 4.08% 3.86% 4.02%
% 15 year fixed mortgage 7.21% 8.72% 7.93% 8.29% 8.48% 8.20% 6.51% 6.71%
avg mortgage rate 4.32% 3.90% 3.19% 3.11% 3.40% 3.21% 3.09% 3.24%
Avg credit score 763.06 765.44 759.43 756.85 754.49 752.77 751.21 751.98
Avg LTV (loan to value) 76.75% 77.57% 80.06% 80.77% 82.18% 82.38% 82.56% 82.69%
Avg DTI (debt to income) 31.94 31.84 32.20 32.30 33.23 33.39 33.78 34.35
% First time homebuyer 34.51% 34.68% 35.24% 36.91% 40.24% 37.73% 40.38% 40.69%
Avg mortgage insurance % 6.07% 6.56% 9.67% 10.73% 12.64% 13.16% 13.15% 13.14%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Berlin, Massachusetts 01503

If you’re looking to buy a new home in Berlin, we have compiled a list of the leading mortgage brokers around Berlin, Massachusetts 01503 to help you with your search.

Name
Address
Contact

Mortgageopia

714 Southbridge St

Auburn MA 01503

(508) 721-0069

Aaa Insurance

711 Southbridge St

Auburn MA 01503

(508) 832-0200

social@aaasne.com

Mortgage Network

23 Midstate Dr

Auburn MA 01503

(508) 407-8671

servicing@mortgagenetwork.com

Fairway New England Mortgage

5 Albert St

Auburn MA 01503

(508) 407-8300

customerservice@fairwaymc.com

Mackinac Savings Bank

482 Southbridge St

Auburn MA 01503

(508) 832-3299

dfrechette@mackbank.com

Address

714 Southbridge St

Auburn MA

Contact

(508) 721-0069

Address

711 Southbridge St

Auburn MA

Contact

(508) 832-0200

social@aaasne.com

Address

23 Midstate Dr

Auburn MA

Contact

(508) 407-8671

servicing@mortgagenetwork.com

News on Mortgages and Reverse Mortgages for Berlin, Massachusetts 01503