Compare Today’s Mortgage Rates for Needham, Massachusetts
Pureloan searches mortgage lenders and major banks in Needham, Massachusetts 02492 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 $53,222 or $148 / month is expected in Needham and other areas of Norfolk county.
Pureloan’s search engine explores all home mortgage options in Needham, Massachusetts 02492, 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 Needham, Massachusetts 02492
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Needham, MA
To forecast and predict mortgage rates in Needham, MA 02492, 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 Needham, Massachusetts 02492 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Needham, Massachusetts and around Norfolk 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 | 90.34% | 86.80% | 88.88% | 87.02% | 86.98% | 87.27% | 89.04% | 87.08% |
| avg mortgage rate | 4.94% | 4.68% | 3.89% | 3.89% | 4.43% | 4.09% | 3.87% | 4.10% |
| % 15 year fixed mortgage | 7.58% | 10.19% | 7.33% | 11.33% | 11.18% | 10.15% | 8.58% | 11.24% |
| avg mortgage rate | 4.31% | 3.88% | 3.21% | 2.97% | 3.45% | 3.24% | 3.11% | 3.18% |
| Avg credit score | 766.72 | 768.27 | 765.83 | 764.02 | 760.15 | 759.84 | 760.80 | 761.77 |
| Avg LTV (loan to value) | 71.45% | 71.93% | 74.03% | 75.22% | 75.50% | 77.48% | 75.92% | 75.67% |
| Avg DTI (debt to income) | 32.61 | 31.96 | 31.54 | 31.82 | 32.70 | 33.06 | 33.01 | 34.02 |
| % First time homebuyer | 39.55% | 35.83% | 39.10% | 42.54% | 43.42% | 45.04% | 44.96% | 37.92% |
| Avg mortgage insurance % | 2.73% | 3.62% | 5.08% | 6.25% | 7.22% | 9.08% | 8.34% | 7.92% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Needham, Massachusetts 02492
If you’re looking to buy a new home in Needham, we have compiled a list of the leading mortgage brokers around Needham, Massachusetts 02492 to help you with your search.
Name
Address
Contact
Omega Mortgage
20 Walnut St
Needham MA 02492
(781) 455-9860
Loanstar Mortgage
14 Oak St
Needham MA 02492
(781) 449-0919
reservations@bandbmidwest.com
Ne Moves Mortgage
1 Chapel St
Needham MA 02492
(781) 444-2849
http://www.newenglandmoves.com/
Mit Lending
687 Highland Ave
Needham MA 02492
(781) 453-0060
Mortgage Information Service
10 Kearney Rd
Needham MA 02492
(617) 454-2000
Address
20 Walnut St
Needham MA
Contact
(781) 455-9860
Address
14 Oak St
Needham MA
Contact
(781) 449-0919
reservations@bandbmidwest.com
Address
1 Chapel St
Needham MA
Contact
(781) 444-2849
http://www.newenglandmoves.com/