Compare Today’s Mortgage Rates for Nantucket, Massachusetts
Pureloan searches mortgage lenders and major banks in Nantucket, Massachusetts 02584 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 $216,065 or $600 / month is expected in Nantucket and other areas of Nantucket county.
Pureloan’s search engine explores all home mortgage options in Nantucket, Massachusetts 02584, 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 Nantucket, Massachusetts 02584
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Interactive Mortgage Rate Projections for Nantucket, MA
To forecast and predict mortgage rates in Nantucket, MA 02584, 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 Nantucket, Massachusetts 02584 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Nantucket, Massachusetts and around Nantucket 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 | 89.12% | 83.92% | 84.77% | 85.19% | 88.35% | 89.34% | 88.57% | 90.52% |
| avg mortgage rate | 4.95% | 4.76% | 3.89% | 3.99% | 4.48% | 4.13% | 3.94% | 4.13% |
| % 15 year fixed mortgage | 8.29% | 12.59% | 14.57% | 13.17% | 10.53% | 9.56% | 10.00% | 8.62% |
| avg mortgage rate | 4.20% | 3.88% | 3.15% | 3.04% | 3.54% | 3.33% | 3.10% | 3.49% |
| Avg credit score | 765.45 | 761.96 | 767.01 | 765.28 | 758.82 | 754.65 | 752.66 | 753.41 |
| Avg LTV (loan to value) | 75.20% | 75.99% | 76.70% | 78.36% | 80.32% | 80.51% | 82.16% | 79.61% |
| Avg DTI (debt to income) | 30.16 | 29.60 | 29.28 | 29.38 | 31.09 | 32.25 | 32.45 | 32.94 |
| % First time homebuyer | 27.46% | 18.18% | 17.22% | 23.05% | 24.81% | 27.21% | 30.71% | 18.97% |
| Avg mortgage insurance % | 3.28% | 4.28% | 5.76% | 7.68% | 10.29% | 11.39% | 11.60% | 10.90% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Nantucket, Massachusetts 02584
If you’re looking to buy a new home in Nantucket, we have compiled a list of the leading mortgage brokers around Nantucket, Massachusetts 02584 to help you with your search.
Name
Address
Contact
Residential Mortgage Services
7 Easy St
Nantucket MA 02584
(508) 825-5691
Stearns Lending
1436 Iyannough Rd
Hyannis MA 02584
(508) 362-7011
American Vacation
684 Main St
Hyannis MA 02584
(508) 771-0747
Sovereign Bank
55 Bassett Ln
Hyannis MA 02584
(508) 771-0300
http://www.sovereignbank.com
PrimeLending, A PlainsCapital Company
29 Bassett Ln
Hyannis MA 02584
(508) 815-0967
https://lo.primelending.com/hyannis
Address
7 Easy St
Nantucket MA
Contact
(508) 825-5691
Address
1436 Iyannough Rd
Hyannis MA
Contact
(508) 362-7011
Address
684 Main St
Hyannis MA
Contact
(508) 771-0747