Compare Today’s Mortgage Rates in Lawrence, Massachusetts 01841
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Lawrence, Massachusetts 01841.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Lawrence, Massachusetts 01841. For a 30-year fixed loan, our calculations show that you can expect to save up to $24,838 over the lifetime of your mortgage, which translates to a monthly savings of $69 in Lawrence and other areas of Essex county.
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Summary of Average Mortgages in Lawrence, Massachusetts 01841
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Lawrence, Massachusetts 01841
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Lawrence, MA 01841. 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 Lawrence, Massachusetts 01841 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Lawrence, Massachusetts and around Essex 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 | 93.97% | 93.79% | 92.00% | 88.62% | 87.22% | 87.79% | 86.23% | 89.63% | 87.68% |
avg mortgage rate | 6.70% | 4.66% | 3.07% | 3.35% | 4.41% | 4.68% | 4.21% | 3.93% | 4.07% |
% 15 year fixed mortgage | 5.53% | 4.72% | 5.46% | 8.79% | 9.90% | 10.33% | 11.84% | 7.45% | 9.38% |
avg mortgage rate | 5.58% | 4.08% | 2.51% | 2.85% | 3.89% | 4.02% | 3.44% | 3.11% | 3.39% |
Avg credit score | 755.65 | 749.54 | 752.25 | 756.10 | 748.69 | 750.73 | 748.14 | 746.93 | 754.84 |
Avg LTV (loan to value) | 80.37% | 81.83% | 82.64% | 82.09% | 81.66% | 79.10% | 81.43% | 81.43% | 80.79% |
Avg DTI (debt to income) | 36.88 | 35.38 | 33.20 | 34.14 | 34.26 | 33.14 | 32.71 | 33.29 | 33.03 |
% First time homebuyer | 39.70% | 32.52% | 26.44% | 31.56% | 27.22% | 24.41% | 27.78% | 26.33% | 28.74% |
Avg mortgage insurance % | 10.46% | 11.74% | 11.51% | 11.32% | 10.76% | 8.04% | 9.55% | 9.74% | 8.33% |
Best Mortgage Brokers around Lawrence, Massachusetts 01841
For those searching for a new home in Lawrence, we have compiled a list of the top mortgage brokers located in and around Lawrence, Massachusetts 01841 to assist 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