Compare Today’s Mortgage Rates for Monson, Massachusetts
Pureloan searches mortgage lenders and major banks in Monson, Massachusetts 01057 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $10,225 or $28 / month is expected in Monson and other areas of Hampden county.
Pureloan’s search engine explores all home mortgage options in Monson, Massachusetts 01057, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
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Summary of Average Mortgage Terms in Monson, Massachusetts 01057
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Interactive Mortgage Rate Projections for Monson, MA
To forecast and predict mortgage rates in Monson, MA 01057, 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.
Historical Mortgage Rates for Monson, Massachusetts 01057 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Monson, Massachusetts and around Hampden county to help you understand trends for your home purchase process. This data is produced from actual closed loans.
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|---|---|
| % 30 year fixed mortgage | 92.97% | 89.03% | 90.27% | 89.82% | 89.64% | 88.76% | 90.85% | 91.47% |
| avg mortgage rate | 4.97% | 4.69% | 3.90% | 3.87% | 4.37% | 4.03% | 3.82% | 4.04% |
| % 15 year fixed mortgage | 5.39% | 8.60% | 7.44% | 7.49% | 8.26% | 7.28% | 6.58% | 6.76% |
| avg mortgage rate | 4.39% | 3.91% | 3.18% | 3.12% | 3.45% | 3.20% | 3.14% | 3.15% |
| Avg credit score | 763.63 | 761.32 | 763.23 | 762.96 | 756.89 | 753.35 | 756.12 | 749.00 |
| Avg LTV (loan to value) | 69.30% | 70.11% | 75.29% | 75.38% | 76.49% | 77.63% | 76.85% | 79.15% |
| Avg DTI (debt to income) | 32.54 | 32.93 | 32.05 | 31.52 | 33.10 | 33.90 | 33.84 | 35.14 |
| % First time homebuyer | 57.27% | 41.40% | 38.77% | 46.49% | 46.55% | 42.66% | 43.08% | 40.00% |
| Avg mortgage insurance % | 2.40% | 3.11% | 5.88% | 6.29% | 8.03% | 8.16% | 9.31% | 9.75% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Monson, Massachusetts 01057
If you’re looking to buy a new home in Monson, we have compiled a list of the leading mortgage brokers around Monson, Massachusetts 01057 to help you with your search.
Name
Address
Contact
Jenmar Corporation
147 Palmer Rd
Monson MA 01057
(413) 893-9315
Applied Mortgage Service
211 North St
Northampton MA 01057
(413) 586-5626
http://www.mortgageswesternma.com
Movement Mortgage
300 Pleasant St
Northampton MA 01057
(925) 938-9642
http://www.movementmortgage.com/
Treehouse Mortgage
61 Masonic St
Northampton MA 01057
(413) 584-0071
Reagan
211 North St
Northampton MA 01057
(413) 586-5626
http://www.appliedmortgageservices.com/
Address
147 Palmer Rd
Monson MA
Contact
(413) 893-9315
Address
211 North St
Northampton MA
Contact
(413) 586-5626
http://www.mortgageswesternma.com
Address
300 Pleasant St
Northampton MA
Contact
(925) 938-9642
http://www.movementmortgage.com/