Compare Today’s Mortgage Rates in Lowell, Massachusetts 01850
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Lowell, Massachusetts 01850.
Our search engine thoroughly explores all home mortgage options in Lowell, Massachusetts 01850, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $24,838 in lifetime cash or $69 per month in Lowell and other areas of Middlesex county.
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Summary of Average Mortgages in Lowell, Massachusetts 01850
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Lowell, Massachusetts 01850
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Lowell, MA 01850. 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 Lowell, Massachusetts 01850 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Lowell, Massachusetts and around Middlesex 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 | 96.65% | 93.87% | 94.05% | 93.13% | 92.18% | 89.78% | 90.02% | 91.97% | 87.70% |
avg mortgage rate | 6.45% | 4.69% | 3.06% | 3.45% | 4.45% | 4.70% | 4.23% | 3.95% | 4.13% |
% 15 year fixed mortgage | 2.68% | 4.87% | 4.88% | 5.49% | 5.90% | 7.16% | 7.70% | 6.11% | 10.68% |
avg mortgage rate | 5.88% | 3.78% | 2.47% | 2.97% | 3.84% | 4.07% | 3.59% | 3.13% | 3.31% |
Avg credit score | 749.56 | 754.48 | 752.02 | 756.58 | 755.01 | 753.80 | 755.19 | 752.54 | 765.43 |
Avg LTV (loan to value) | 80.22% | 82.22% | 83.86% | 83.42% | 82.69% | 81.85% | 82.42% | 83.17% | 81.30% |
Avg DTI (debt to income) | 37.32 | 35.93 | 34.31 | 34.99 | 35.61 | 35.06 | 34.82 | 34.63 | 33.82 |
% First time homebuyer | 49.75% | 47.19% | 46.25% | 42.19% | 42.24% | 38.36% | 38.41% | 39.74% | 38.40% |
Avg mortgage insurance % | 12.71% | 13.51% | 14.43% | 14.16% | 13.35% | 12.10% | 12.77% | 13.50% | 11.36% |
Best Mortgage Brokers around Lowell, Massachusetts 01850
For those searching for a new home in Lowell, we have compiled a list of the top mortgage brokers located in and around Lowell, Massachusetts 01850 to assist you with your search.
Name
Address
Contact
Bp Corporation
296 Westford St
Lowell MA 01850
(978) 674-8210
Constitution Finance Company
1365 Middlesex St
Lowell MA 01850
(978) 458-1711
Omega Mortgage
850 Chelmsford St
Lowell MA 01850
(978) 937-0090
Premium Financing Specialists
59 Composite Way
Lowell MA 01850
(978) 551-9900
info@premiumfinance-group.com
Concept One Mortgage
296 Westford St
Lowell MA 01850
(978) 453-8279
Address
296 Westford St
Lowell MA
Contact
(978) 674-8210
Address
1365 Middlesex St
Lowell MA
Contact
(978) 458-1711
Address
850 Chelmsford St
Lowell MA
Contact
(978) 937-0090