Compare Today’s Mortgage Rates in Franklin, Massachusetts 02038
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Franklin, Massachusetts 02038.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $36,494 over the lifetime of your 30-year fixed loan, or a monthly savings of $101 in Franklin and other areas of Norfolk county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
Summary of Average Mortgages in Franklin, Massachusetts 02038
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Interactive Mortgage Rate Projections for Franklin, Massachusetts 02038
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Franklin, MA 02038. 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 Franklin, Massachusetts 02038 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Franklin, Massachusetts and around Norfolk 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 | 93.63% | 94.70% | 94.07% | 94.31% | 93.34% | 93.67% | 93.34% | 93.98% | |
avg mortgage rate | 4.10% | 3.87% | 4.07% | 4.44% | 3.95% | 3.86% | 4.62% | 4.87% | |
% 15 year fixed mortgage | 5.48% | 4.52% | 4.91% | 4.97% | 6.05% | 5.48% | 5.30% | 4.92% | |
avg mortgage rate | 3.19% | 3.06% | 3.24% | 3.45% | 3.11% | 3.20% | 3.95% | 4.36% | |
Avg credit score | 767.42 | 760.52 | 758.77 | 758.08 | 760.39 | 765.38 | 766.84 | 766.33 | |
Avg LTV (loan to value) | 81.07% | 81.27% | 79.99% | 79.51% | 80.17% | 78.84% | 76.40% | 75.39% | |
Avg DTI (debt to income) | 35.77 | 35.78 | 35.91 | 35.23 | 34.44 | 33.32 | 33.68 | 33.30 | |
% First time homebuyer | 38.96% | 37.49% | 41.58% | 41.05% | 39.29% | 32.58% | 30.79% | 33.03% | |
Avg mortgage insurance % | 11.82% | 11.96% | 10.35% | 9.45% | 9.83% | 8.03% | 5.15% | 3.95% |
Best Mortgage Brokers around Franklin, Massachusetts 02038
For those searching for a new home in Franklin, we have compiled a list of the top mortgage brokers located in and around Franklin, Massachusetts 02038 to assist you with your search.
Alliance Home Mortgage
500 Franklin Village Dr
Franklin MA 02038
(508) 520-3160
Greenpark Mortgage
31 Hayward St
Franklin MA 02038
(508) 520-7888
mortgage@greenparkmortgage.com
Traditional Mortgage Solutions
6 Juniper Rd
Franklin MA 02038
(508) 553-8883
http://traditionalmortgagesolutions.com
Pegasus Mortgage Service
43 Lincoln St
Franklin MA 02038
(508) 528-8335
http://pegasusmortgage.com
Franklin Mortgage Services
15 E Central St
Franklin MA 02038
(508) 528-6055
Address
500 Franklin Village Dr
Franklin MA
Contact
(508) 520-3160
Address
31 Hayward St
Franklin MA
Contact
(508) 520-7888
mortgage@greenparkmortgage.com
Address
6 Juniper Rd
Franklin MA
Contact
(508) 553-8883
http://traditionalmortgagesolutions.com