Compare Today’s Mortgage Rates for Groton, Massachusetts
Pureloan searches mortgage lenders and major banks in Groton, Massachusetts 01470 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 $40,568 or $113 / month is expected in Groton and other areas of Middlesex county.
Pureloan’s search engine explores all home mortgage options in Groton, Massachusetts 01470, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
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Summary of Average Mortgage Terms in Groton, Massachusetts 01470
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Groton, MA
To forecast and predict mortgage rates in Groton, MA 01470, 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 Groton, Massachusetts 01470 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Groton, 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 | 84.32% | 83.93% | 84.39% | 86.14% | 89.55% | 85.29% | 90.99% | 91.25% |
| avg mortgage rate | 4.99% | 4.67% | 3.86% | 3.91% | 4.43% | 4.10% | 3.86% | 3.98% |
| % 15 year fixed mortgage | 10.87% | 11.78% | 11.30% | 10.37% | 8.02% | 10.14% | 6.97% | 6.15% |
| avg mortgage rate | 4.38% | 3.89% | 3.26% | 3.08% | 3.45% | 3.25% | 3.07% | 3.28% |
| Avg credit score | 762.83 | 759.92 | 757.99 | 758.93 | 753.73 | 753.02 | 751.94 | 751.68 |
| Avg LTV (loan to value) | 76.18% | 77.89% | 79.87% | 81.01% | 81.74% | 82.41% | 83.30% | 82.53% |
| Avg DTI (debt to income) | 34.41 | 34.14 | 33.76 | 33.95 | 34.60 | 34.98 | 35.49 | 35.33 |
| % First time homebuyer | 30.34% | 30.09% | 30.90% | 30.35% | 36.60% | 36.82% | 40.33% | 41.84% |
| Avg mortgage insurance % | 5.70% | 7.52% | 9.56% | 11.08% | 12.42% | 12.49% | 13.34% | 12.43% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Groton, Massachusetts 01470
If you’re looking to buy a new home in Groton, we have compiled a list of the leading mortgage brokers around Groton, Massachusetts 01470 to help you with your search.
Name
Address
Contact
Mortgage Master
28 Boston Rd
Groton MA 01470
(978) 448-1285
Mortgage Master
1 Forge Village Rd
Groton MA 01470
(978) 448-1285
joanne@smithteamforyou.com
Mountain View Mortgage
33 Worthen Dr
Groton MA 01470
(978) 448-5010
http://mv-loans.com
S F Financial
217 State Rd E
Westminster MA 01470
(978) 874-2650
Equity Assets
175 East Rd
Westminster MA 01470
(978) 874-0256
Address
28 Boston Rd
Groton MA
Contact
(978) 448-1285
Address
1 Forge Village Rd
Groton MA
Contact
(978) 448-1285
joanne@smithteamforyou.com
Address
33 Worthen Dr
Groton MA
Contact
(978) 448-5010
http://mv-loans.com