Compare Today’s Mortgage Rates for Lexington, Massachusetts
Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Lexington, Massachusetts 02421. 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 $58,743 or $163 / month in Lexington and other areas of Middlesex county.
Our search engine explores all home mortgage options in Lexington, Massachusetts 02421, 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 Lexington, Massachusetts 02421
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Lexington, MA
To forecast and predict mortgage rates in Lexington, MA 02421, 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 Lexington, Massachusetts 02421 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Lexington, 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 | 90.34% | 86.80% | 88.88% | 87.02% | 86.98% | 87.27% | 89.04% | 87.08% |
| avg mortgage rate | 4.94% | 4.68% | 3.89% | 3.89% | 4.43% | 4.09% | 3.87% | 4.10% |
| % 15 year fixed mortgage | 7.58% | 10.19% | 7.33% | 11.33% | 11.18% | 10.15% | 8.58% | 11.24% |
| avg mortgage rate | 4.31% | 3.88% | 3.21% | 2.97% | 3.45% | 3.24% | 3.11% | 3.18% |
| Avg credit score | 766.72 | 768.27 | 765.83 | 764.02 | 760.15 | 759.84 | 760.80 | 761.77 |
| Avg LTV (loan to value) | 71.45% | 71.93% | 74.03% | 75.22% | 75.50% | 77.48% | 75.92% | 75.67% |
| Avg DTI (debt to income) | 32.61 | 31.96 | 31.54 | 31.82 | 32.70 | 33.06 | 33.01 | 34.02 |
| % First time homebuyer | 39.55% | 35.83% | 39.10% | 42.54% | 43.42% | 45.04% | 44.96% | 37.92% |
| Avg mortgage insurance % | 2.73% | 3.62% | 5.08% | 6.25% | 7.22% | 9.08% | 8.34% | 7.92% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Lexington, Massachusetts 02421
If you’re looking to buy a new home in Lexington, we have compiled a list of the leading mortgage brokers around Lexington, Massachusetts 02421 to help you with your search.
Name
Address
Contact
Family One Mortgage
1775 Massachusetts Ave
Lexington MA 02421
(781) 541-6739
Home Fed Mortgage
238 Bedford St
Lexington MA 02421
(800) 462-5626
Ustrust Mortgage Department
57 Bedford St
Lexington MA 02421
(781) 861-6100
info@stonecpas.com
American Nationwide Mortgage Company
394 Lowell St
Lexington MA 02421
(339) 970-0209
Capstone Mortgage Co.
1775 Massachusetts Ave
Lexington MA 02421
(781) 860-7888
chris@capstonemortgage.com
Address
1775 Massachusetts Ave
Lexington MA
Contact
(781) 541-6739
Address
238 Bedford St
Lexington MA
Contact
(800) 462-5626
Address
57 Bedford St
Lexington MA
Contact
(781) 861-6100
info@stonecpas.com