Compare Today’s Mortgage Rates for Lowell, Massachusetts

Pureloan searches all major banks and mortgage lenders for the best home loan rates in Lowell, Massachusetts 01854. 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 $39,042 or $108 / month in Lowell and surrounding areas of Middlesex 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 Lowell, Massachusetts 01854.

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Summary of Average Mortgage Terms in Lowell, Massachusetts 01854

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Historical Mortgage Rates for Lowell, Massachusetts 01854 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Lowell, Massachusetts and around Middlesex 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 Lowell, Massachusetts 01854

If you’re looking to buy a new home in Lowell, we have compiled a list of the leading mortgage brokers around Lowell, Massachusetts 01854 to help you with your search.

Name
Address
Contact

Bp Corporation

296 Westford St

Lowell MA 01854

(978) 674-8210

Constitution Finance Company

1365 Middlesex St

Lowell MA 01854

(978) 458-1711

Omega Mortgage

850 Chelmsford St

Lowell MA 01854

(978) 937-0090

Premium Financing Specialists

59 Composite Way

Lowell MA 01854

(978) 551-9900

info@premiumfinance-group.com

Concept One Mortgage

296 Westford St

Lowell MA 01854

(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

News on Mortgages and Reverse Mortgages for Lowell, Massachusetts 01854