Compare Today’s Mortgage Rates for Monterey, Massachusetts
Pureloan searches mortgage lenders and major banks in Monterey, Massachusetts 01245 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 $10,460 or $29 / month is expected in Monterey and other areas of Berkshire county.
Pureloan’s search engine explores all home mortgage options in Monterey, Massachusetts 01245, 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 Monterey, Massachusetts 01245
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APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Monterey, MA
To forecast and predict mortgage rates in Monterey, MA 01245, 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 Monterey, Massachusetts 01245 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Monterey, Massachusetts and around Berkshire 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 | 85.24% | 84.89% | 84.54% | 85.05% | 86.64% | 83.64% | 86.45% | 85.03% |
| avg mortgage rate | 4.97% | 4.69% | 3.88% | 3.84% | 4.38% | 4.00% | 3.76% | 3.84% |
| % 15 year fixed mortgage | 9.23% | 9.73% | 11.99% | 11.77% | 10.18% | 13.39% | 10.82% | 11.90% |
| avg mortgage rate | 4.35% | 3.87% | 3.11% | 2.93% | 3.35% | 3.16% | 2.92% | 3.11% |
| Avg credit score | 764.62 | 760.54 | 762.35 | 762.80 | 757.56 | 758.27 | 757.20 | 754.73 |
| Avg LTV (loan to value) | 75.73% | 77.22% | 79.87% | 80.14% | 79.91% | 81.99% | 81.88% | 81.86% |
| Avg DTI (debt to income) | 32.54 | 33.04 | 32.26 | 33.03 | 34.31 | 33.81 | 34.02 | 35.26 |
| % First time homebuyer | 36.35% | 24.64% | 21.61% | 27.38% | 27.71% | 30.66% | 28.15% | 31.97% |
| Avg mortgage insurance % | 6.56% | 7.10% | 9.81% | 10.35% | 10.60% | 12.35% | 12.22% | 11.75% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Monterey, Massachusetts 01245
If you’re looking to buy a new home in Monterey, we have compiled a list of the leading mortgage brokers around Monterey, Massachusetts 01245 to help you with your search.
Name
Address
Contact
Reverse Mortgage Consulting
1062 Water Farm Rd
Sheffield MA 01245
(413) 229-9908
Hoosac Bank Loan Center
111 Silver Lake Blvd
Pittsfield MA 01245
(413) 442-9402
American Mortgage Debt Resolution
150 North St
Pittsfield MA 01245
(413) 442-5538
Onemain Financial
2 South St
Pittsfield MA 01245
(413) 499-7695
Village Mortgage Company
312 Main St
Great Barrington MA 01245
(413) 243-3322
http://www.villagemtg.com
Address
1062 Water Farm Rd
Sheffield MA
Contact
(413) 229-9908
Address
111 Silver Lake Blvd
Pittsfield MA
Contact
(413) 442-9402
Address
150 North St
Pittsfield MA
Contact
(413) 442-5538