Compare Today’s Mortgage Rates in Manchester, Massachusetts 01944
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Manchester, Massachusetts 01944.
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 Manchester, Massachusetts 01944. For a 30-year fixed loan, our calculations show that you can expect to save up to $78,370 over the lifetime of your mortgage, which translates to a monthly savings of $218 in Manchester and other areas of Essex county.
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Summary of Average Mortgages in Manchester, Massachusetts 01944
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Manchester, Massachusetts 01944
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Manchester, MA 01944. 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 Manchester, Massachusetts 01944 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Manchester, 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 | 94.32% | 93.63% | 93.88% | 93.88% | 90.74% | 90.39% | 90.56% | 93.10% | 90.04% |
| avg mortgage rate | 6.34% | 4.53% | 2.97% | 3.31% | 4.28% | 4.56% | 4.15% | 3.90% | 4.07% |
| % 15 year fixed mortgage | 4.71% | 5.14% | 4.99% | 4.98% | 7.05% | 7.48% | 8.15% | 5.85% | 8.52% |
| avg mortgage rate | 5.48% | 3.52% | 2.34% | 2.84% | 3.71% | 4.00% | 3.30% | 3.10% | 3.20% |
| Avg credit score | 755.66 | 764.51 | 757.28 | 760.42 | 762.50 | 757.90 | 756.65 | 755.20 | 757.08 |
| Avg LTV (loan to value) | 80.31% | 81.25% | 82.21% | 82.46% | 81.73% | 80.63% | 81.40% | 83.05% | 81.21% |
| Avg DTI (debt to income) | 37.20 | 35.26 | 33.77 | 33.64 | 34.94 | 34.99 | 34.25 | 33.70 | 33.75 |
| % First time homebuyer | 55.19% | 51.92% | 48.74% | 48.90% | 47.22% | 43.07% | 44.05% | 48.54% | 45.06% |
| Avg mortgage insurance % | 12.73% | 12.50% | 12.89% | 13.28% | 12.46% | 11.12% | 11.43% | 13.17% | 11.78% |
Best Mortgage Brokers around Manchester, Massachusetts 01944
For those searching for a new home in Manchester, we have compiled a list of the top mortgage brokers located in and around Manchester, Massachusetts 01944 to assist you with your search.
Name
Address
Contact
NE Moves Mortgage
21 Central St
Manchester MA 01944
(978) 526-1396
linda.parkins@nemoves.com
Mortgage Network
100 Pleasant St
Marblehead MA 01944
(781) 639-1387
cleboeuf@mortgagenetwork.com
Stepstone Mortgage Co.
31 Atlantic Ave
Marblehead MA 01944
(781) 639-0047
conrad@stepstonemortgage.com
American Dream Financing
51 Atlantic Ave
Marblehead MA 01944
(781) 639-9909
http://www.adfinancing.com
Ne Moves Mortgage
2 Atlantic Ave
Marblehead MA 01944
(781) 631-0931
http://www.nemmortgage.com/
Address
21 Central St
Manchester MA
Contact
(978) 526-1396
linda.parkins@nemoves.com
Address
100 Pleasant St
Marblehead MA
Contact
(781) 639-1387
cleboeuf@mortgagenetwork.com
Address
31 Atlantic Ave
Marblehead MA
Contact
(781) 639-0047
conrad@stepstonemortgage.com