Compare Today’s Mortgage Rates for Framingham, Massachusetts
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Framingham, Massachusetts 01702. 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 $39,744 or $110 / month in Framingham and surrounding areas of Middlesex 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 Framingham, Massachusetts 01702.
42.2844
-71.4295
Summary of Average Mortgage Terms in Framingham, Massachusetts 01702
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Framingham, Massachusetts 01702
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Framingham, MA
To forecast and predict mortgage rates in Framingham, MA 01702, 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 Framingham, Massachusetts 01702 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Framingham, Massachusetts and around Middlesex 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 | 90.04% | 90.41% | 90.37% | 89.06% | 89.94% | 88.13% | 90.31% | 87.58% |
| avg mortgage rate | 4.94% | 4.64% | 3.87% | 3.92% | 4.42% | 4.08% | 3.87% | 4.02% |
| % 15 year fixed mortgage | 7.69% | 7.67% | 7.15% | 8.54% | 7.73% | 9.02% | 7.58% | 10.07% |
| avg mortgage rate | 4.34% | 3.93% | 3.19% | 3.09% | 3.45% | 3.21% | 3.04% | 3.23% |
| Avg credit score | 764.14 | 765.75 | 763.92 | 762.52 | 757.15 | 755.40 | 754.16 | 758.43 |
| Avg LTV (loan to value) | 75.24% | 76.20% | 78.52% | 78.57% | 79.71% | 80.35% | 80.92% | 80.64% |
| Avg DTI (debt to income) | 32.91 | 32.43 | 31.88 | 32.14 | 32.86 | 33.18 | 33.85 | 33.99 |
| % First time homebuyer | 36.73% | 35.76% | 34.99% | 36.81% | 38.82% | 43.38% | 43.10% | 39.61% |
| Avg mortgage insurance % | 5.37% | 6.13% | 8.32% | 8.90% | 10.32% | 10.99% | 11.24% | 10.93% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Framingham, Massachusetts 01702
If you’re looking to buy a new home in Framingham, we have compiled a list of the leading mortgage brokers around Framingham, Massachusetts 01702 to help you with your search.
Name
Address
Contact
New England Merchants Corporation
149 Concord St
Framingham MA 01702
(508) 655-4155
Secure Mortgage
776 Waverly St
Framingham MA 01702
(508) 405-1482
Carbucks of New England Inc.
141 Union Ave
Framingham MA 01702
(508) 875-5626
Reliant Mortgage
2 Frederick St
Framingham MA 01702
(508) 626-3610
http://www.reliant-mortgage.com
Mortgageworkshop
120 Concord St
Framingham MA 01702
(508) 626-8401
cynthia@mortgageworkshop.com
Address
149 Concord St
Framingham MA
Contact
(508) 655-4155
Address
776 Waverly St
Framingham MA
Contact
(508) 405-1482
Address
141 Union Ave
Framingham MA
Contact
(508) 875-5626