Compare Today’s Mortgage Rates for Methuen, Massachusetts

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Methuen, Massachusetts 01844. 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 Methuen and other areas of Essex county.

Our search engine explores all home mortgage options in Methuen, Massachusetts 01844, 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 Methuen, Massachusetts 01844

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Methuen, MA

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Methuen, MA 01844, 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 Methuen, MA

Historical Mortgage Rates for Methuen, Massachusetts 01844 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Methuen, 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 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 Methuen, Massachusetts 01844

If you’re looking to buy a new home in Methuen, we have compiled a list of the leading mortgage brokers around Methuen, Massachusetts 01844 to help you with your search.

Name
Address
Contact

The Mortgage Group Methuen

30 River St

Methuen MA 01844

(978) 965-2267

Northland Mortgage Co.

240 Pleasant St

Methuen MA 01844

(978) 975-7706

http://www.northlandmc.com

Home Loan Investment Bank

188 Broadway

Methuen MA 01844

(978) 258-8116

Global Mortgage

169 East St

Methuen MA 01844

(978) 379-1500

Pri-Bryan Global Technology Corporation

32 W Ayer St

Methuen MA 01844

(978) 688-2059

contact@proactiveintervention.com

Address

30 River St

Methuen MA

Contact

(978) 965-2267

Address

240 Pleasant St

Methuen MA

Contact

(978) 975-7706

http://www.northlandmc.com

Address

188 Broadway

Methuen MA

Contact

(978) 258-8116

News on Mortgages and Reverse Mortgages for Methuen, Massachusetts 01844