Compare Today’s Mortgage Rates for Lawrence, Massachusetts

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Lawrence, Massachusetts 01841. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $11,032 or $31 / month in Lawrence and other areas of Essex county.

Our search engine explores all home mortgage options in Lawrence, Massachusetts 01841, 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

Summary of Average Mortgage Terms in Lawrence, Massachusetts 01841

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Lawrence, MA

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Lawrence, MA 01841, 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 Lawrence, MA

Historical Mortgage Rates for Lawrence, Massachusetts 01841 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Lawrence, Massachusetts and around Essex county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed mortgage 92.24% 91.46% 91.49% 90.66% 92.09% 89.98% 93.32% 92.09%
avg mortgage rate 4.97% 4.66% 3.90% 3.98% 4.46% 4.13% 3.92% 4.12%
% 15 year fixed mortgage 6.10% 6.67% 7.02% 7.74% 6.63% 7.90% 5.14% 5.58%
avg mortgage rate 4.35% 3.94% 3.23% 3.14% 3.45% 3.27% 3.09% 3.36%
Avg credit score 760.32 763.00 758.97 757.84 753.59 752.21 751.71 751.07
Avg LTV (loan to value) 75.35% 76.54% 78.13% 79.15% 80.16% 80.90% 81.34% 80.35%
Avg DTI (debt to income) 33.54 32.95 33.27 33.50 34.31 34.42 34.86 35.83
% First time homebuyer 41.36% 36.48% 38.25% 39.04% 42.86% 44.53% 44.40% 39.35%
Avg mortgage insurance % 4.19% 6.18% 8.14% 9.24% 10.63% 11.56% 12.10% 11.53%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Lawrence, Massachusetts 01841

If you’re looking to buy a new home in Lawrence, we have compiled a list of the leading mortgage brokers around Lawrence, Massachusetts 01841 to help you with your search.

Name
Address
Contact

Bankcasa

159 Essex St

Lawrence MA 01841

(978) 725-6766

Neutral Services Company

160 Common St

Lawrence MA 01841

(978) 965-2380

http://brownstonemortgage.com

Naca

6 Broadway

Lawrence MA 01841

(978) 552-0453

Loan USA

92 Broadway

Lawrence MA 01841

(978) 974-9998

http://www.loanusa.biz/

Mv Business Consulting

83 Essex St

Lawrence MA 01841

(978) 965-8122

Address

159 Essex St

Lawrence MA

Contact

(978) 725-6766

Address

160 Common St

Lawrence MA

Contact

(978) 965-2380

http://brownstonemortgage.com

Address

6 Broadway

Lawrence MA

Contact

(978) 552-0453

News on Mortgages and Reverse Mortgages for Lawrence, Massachusetts 01841