Compare Today’s Mortgage Rates for Lynn, Massachusetts

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Lynn, Massachusetts 01904. 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 $13,892 or $39 / month in Lynn and other areas of Essex county.

Our search engine explores all home mortgage options in Lynn, Massachusetts 01904, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Lynn, Massachusetts 01904

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Lynn, MA

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Lynn, MA 01904, 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.

Local Mortgage Rates for Lynn, MA

Historical Mortgage Rates for Lynn, Massachusetts 01904 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Lynn, Massachusetts and around Essex county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed mortgage 94.27% 92.11% 92.20% 91.84% 93.07% 91.39% 93.88% 91.61%
avg mortgage rate 4.96% 4.68% 3.90% 3.95% 4.44% 4.13% 3.89% 4.10%
% 15 year fixed mortgage 4.56% 5.73% 5.89% 7.07% 6.22% 7.01% 5.17% 7.54%
avg mortgage rate 4.32% 3.90% 3.26% 3.09% 3.44% 3.18% 3.10% 3.17%
Avg credit score 758.62 760.23 759.89 757.30 753.91 753.08 751.66 750.32
Avg LTV (loan to value) 74.44% 75.80% 78.66% 79.14% 79.48% 80.99% 81.08% 79.06%
Avg DTI (debt to income) 34.11 34.20 33.65 33.93 34.42 35.03 35.24 35.35
% First time homebuyer 38.57% 37.30% 38.51% 40.19% 42.91% 43.98% 45.33% 41.19%
Avg mortgage insurance % 4.46% 5.66% 8.50% 8.84% 10.02% 11.66% 11.66% 9.89%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Lynn, Massachusetts 01904

If you’re looking to buy a new home in Lynn, we have compiled a list of the leading mortgage brokers around Lynn, Massachusetts 01904 to help you with your search.

Name
Address
Contact

Ngu Loan

69 Pacific St

Lynn MA 01904

(781) 581-0785

Henry Multi Service Company

123 Commercial St

Lynn MA 01904

(781) 592-0650

American Trust Mortgage

280 Union St

Lynn MA 01904

(781) 477-0110

david@myatmi.com

Mortgage Assistance Services

38 Main St

Saugus MA 01904

(781) 233-1418

Saugus Bank

412 Lynn Fells Pkwy

Saugus MA 01904

(781) 231-3800

http://www.saugusbank.com

Address

69 Pacific St

Lynn MA

Contact

(781) 581-0785

Address

123 Commercial St

Lynn MA

Contact

(781) 592-0650

Address

280 Union St

Lynn MA

Contact

(781) 477-0110

david@myatmi.com

News on Mortgages and Reverse Mortgages for Lynn, Massachusetts 01904