Compare Today’s Mortgage Rates for Methuen, Massachusetts

Pureloan searches all major banks and mortgage lenders for the best home loan rates in Methuen, Massachusetts 01844. 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 $48,557 or $135 / month in Methuen and surrounding areas of Essex 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 Methuen, Massachusetts 01844.

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Summary of Average Mortgage Terms in Methuen, Massachusetts 01844

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Historical Mortgage Rates for Methuen, Massachusetts 01844 from 2012 - 2019

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.

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 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