Compare Today’s Mortgage Rates for Essex, Massachusetts

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Essex, Massachusetts 01929. 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 $21,777 or $60 / month in Essex and surrounding areas of Essex 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 Essex, Massachusetts 01929.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

42.628629 -70.782794

Summary of Average Mortgage Terms in Essex, Massachusetts 01929

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Essex, MA

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Essex, MA 01929, 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.

Local Mortgage Rates for Essex, MA

Historical Mortgage Rates for Essex, Massachusetts 01929 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Essex, Massachusetts and around Essex 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 94.27% 92.11% 92.20% 91.84% 93.07% 91.39% 93.88% 91.61%
avg mortgage rate 4.96% 4.68% 3.90% 3.95% 4.44% 4.13% 3.89% 4.10%
% 15 year fixed mortgage 4.56% 5.73% 5.89% 7.07% 6.22% 7.01% 5.17% 7.54%
avg mortgage rate 4.32% 3.90% 3.26% 3.09% 3.44% 3.18% 3.10% 3.17%
Avg credit score 758.62 760.23 759.89 757.30 753.91 753.08 751.66 750.32
Avg LTV (loan to value) 74.44% 75.80% 78.66% 79.14% 79.48% 80.99% 81.08% 79.06%
Avg DTI (debt to income) 34.11 34.20 33.65 33.93 34.42 35.03 35.24 35.35
% First time homebuyer 38.57% 37.30% 38.51% 40.19% 42.91% 43.98% 45.33% 41.19%
Avg mortgage insurance % 4.46% 5.66% 8.50% 8.84% 10.02% 11.66% 11.66% 9.89%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Essex, Massachusetts 01929

If you’re looking to buy a new home in Essex, we have compiled a list of the leading mortgage brokers around Essex, Massachusetts 01929 to help you with your search.

Name
Address
Contact

Rockport Mortgage

17 Rogers St

Gloucester MA 01929

(978) 283-9208

contactus@bmfloan.com

NE Moves Mortgage

85 Eastern Ave

Gloucester MA 01929

(978) 281-1036

PMAC Lending Services

1 Main St

Gloucester MA 01929

(978) 283-7909

michele.cooper@pmac.com

First Choice Mortgage

1 Main St

Gloucester MA 01929

(978) 283-7909

Cape Ann Savings Bank

1 Blackburn Ctr

Gloucester MA 01929

(978) 281-2655

Address

17 Rogers St

Gloucester MA

Contact

(978) 283-9208

contactus@bmfloan.com

Address

85 Eastern Ave

Gloucester MA

Contact

(978) 281-1036

Address

1 Main St

Gloucester MA

Contact

(978) 283-7909

michele.cooper@pmac.com

News on Mortgages and Reverse Mortgages for Essex, Massachusetts 01929