Compare Today’s Mortgage Rates for Franklin, Massachusetts

Pureloan searches mortgage lenders and major banks in Franklin, Massachusetts 02038 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $19,881 or $55 / month is expected in Franklin and other areas of Norfolk county.

Pureloan’s search engine explores all home mortgage options in Franklin, Massachusetts 02038, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

42.09347 -71.405786

Summary of Average Mortgage Terms in Franklin, Massachusetts 02038

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Franklin, MA

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Franklin, MA 02038, 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 Franklin, MA

Historical Mortgage Rates for Franklin, Massachusetts 02038 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Franklin, Massachusetts and around Norfolk 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 93.98% 93.34% 93.67% 93.34% 94.31% 94.07% 94.70% 93.63%
avg mortgage rate 4.87% 4.62% 3.86% 3.95% 4.44% 4.07% 3.87% 4.10%
% 15 year fixed mortgage 4.92% 5.30% 5.48% 6.05% 4.97% 4.91% 4.52% 5.48%
avg mortgage rate 4.36% 3.95% 3.20% 3.11% 3.45% 3.24% 3.06% 3.19%
Avg credit score 766.33 766.84 765.38 760.39 758.08 758.77 760.52 767.42
Avg LTV (loan to value) 75.39% 76.40% 78.84% 80.17% 79.51% 79.99% 81.27% 81.07%
Avg DTI (debt to income) 33.30 33.68 33.32 34.44 35.23 35.91 35.78 35.77
% First time homebuyer 33.03% 30.79% 32.58% 39.29% 41.05% 41.58% 37.49% 38.96%
Avg mortgage insurance % 3.95% 5.15% 8.03% 9.83% 9.45% 10.35% 11.96% 11.82%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Franklin, Massachusetts 02038

If you’re looking to buy a new home in Franklin, we have compiled a list of the leading mortgage brokers around Franklin, Massachusetts 02038 to help you with your search.

Name
Address
Contact

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

News on Mortgages and Reverse Mortgages for Franklin, Massachusetts 02038