Compare Today’s Mortgage Rates for Lawrence, Massachusetts

Pureloan searches all major banks and mortgage lenders for the best home loan rates in Lawrence, Massachusetts 01843. We provide popular mortgage brokers in your area and a detailed analysis of your home loan payments. For 30-year fixed, expected lifetime cash savings are $38,856 or $108 / month in Lawrence and surrounding areas of Essex 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 Lawrence, Massachusetts 01843.

No suitable program is found

Summary of Average Mortgage Terms in Lawrence, Massachusetts 01843

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Historical Mortgage Rates for Lawrence, Massachusetts 01843 from 2012 - 2019

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.

2012 2013 2014 2015 2016 2017 2018 2019
% 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 01843

If you’re looking to buy a new home in Lawrence, we have compiled a list of the leading mortgage brokers around Lawrence, Massachusetts 01843 to help you with your search.

Name
Address
Contact

Bankcasa

159 Essex St

Lawrence MA 01843

(978) 725-6766

Neutral Services Company

160 Common St

Lawrence MA 01843

(978) 965-2380

http://brownstonemortgage.com

Naca

6 Broadway

Lawrence MA 01843

(978) 552-0453

Loan USA

92 Broadway

Lawrence MA 01843

(978) 974-9998

http://www.loanusa.biz/

Mv Business Consulting

83 Essex St

Lawrence MA 01843

(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 01843