Compare Today’s Mortgage Rates for Douglas, Massachusetts
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Douglas, Massachusetts 01516. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $37,322 or $104 / month in Douglas 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 Douglas, Massachusetts 01516.
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Summary of Average Mortgage Terms in Douglas, Massachusetts 01516
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Douglas, MA
To forecast and predict mortgage rates in Douglas, MA 01516, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.
Historical Mortgage Rates for Douglas, Massachusetts 01516 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Douglas, Massachusetts and around Worcester county to help you understand trends for your home purchase process. This data is produced from actual closed loans.
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|---|---|
| % 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 Douglas, Massachusetts 01516
If you’re looking to buy a new home in Douglas, we have compiled a list of the leading mortgage brokers around Douglas, Massachusetts 01516 to help you with your search.
Name
Address
Contact
Couture
138 Chestnut St
Douglas MA 01516
(508) 476-2055
Ross Mortgage Co.
274 Main St
Douglas MA 01516
(508) 476-1177
http://rossmortgage.com
First Eastern Mortgage
110 Elm St
Millbury MA 01516
(508) 865-7686
jmorin@firsteastern.com
American Express
2 Prospect St
Millbury MA 01516
(508) 917-8019
http://www.americanexpress.com/
Commercial Loan Solutions
2 Prospect St
Millbury MA 01516
(855) 257-3278
Address
138 Chestnut St
Douglas MA
Contact
(508) 476-2055
Address
274 Main St
Douglas MA
Contact
(508) 476-1177
http://rossmortgage.com
Address
110 Elm St
Millbury MA
Contact
(508) 865-7686
jmorin@firsteastern.com