Compare Today’s Mortgage Rates for New Salem, Massachusetts

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in New Salem, Massachusetts 01355. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $17,405 or $48 / month in New Salem and other areas of Franklin county.

Our search engine explores all home mortgage options in New Salem, Massachusetts 01355, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

42.514643 -72.306241

Summary of Average Mortgage Terms in New Salem, Massachusetts 01355

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for New Salem, MA

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in New Salem, MA 01355, 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.

Local Mortgage Rates for New Salem, MA

Historical Mortgage Rates for New Salem, Massachusetts 01355 from 2014 - 2021

We have compiled mortgage rate charts for home loans in New Salem, Massachusetts and around Franklin 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 83.75% 80.52% 83.17% 84.22% 88.97% 86.54% 85.38% 83.06%
avg mortgage rate 4.98% 4.62% 3.90% 3.91% 4.40% 4.08% 3.84% 3.98%
% 15 year fixed mortgage 11.43% 12.55% 10.30% 11.65% 8.06% 9.03% 10.42% 12.02%
avg mortgage rate 4.44% 3.89% 3.21% 3.09% 3.51% 3.24% 3.05% 3.20%
Avg credit score 763.14 763.77 762.27 757.57 759.33 756.01 753.84 748.77
Avg LTV (loan to value) 77.13% 78.74% 80.65% 82.63% 83.86% 83.58% 83.36% 85.77%
Avg DTI (debt to income) 32.88 32.83 32.94 33.42 33.55 34.48 34.78 35.25
% First time homebuyer 30.89% 31.82% 25.74% 32.89% 38.05% 35.43% 34.73% 42.08%
Avg mortgage insurance % 5.34% 8.69% 10.48% 11.75% 13.21% 13.20% 13.29% 13.90%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around New Salem, Massachusetts 01355

If you’re looking to buy a new home in New Salem, we have compiled a list of the leading mortgage brokers around New Salem, Massachusetts 01355 to help you with your search.

Name
Address
Contact

Norcom Mortgage

245 Tully Rd

Orange MA 01355

(978) 248-9600

David Bardsley

407 Walnut Hill Rd

Orange MA 01355

(978) 544-5763

First Eastern Mortgage

20 Main St

Leominster MA 01355

(978) 537-5400

jmorin@firsteastern.com

Leominster Finance

75 Water St

Leominster MA 01355

(978) 537-0796

http://leominster-ma.gov

Wachusett Mortgage

94 Central St

Leominster MA 01355

(978) 840-3200

wachusett-mortgage@wmcmail.net

Address

245 Tully Rd

Orange MA

Contact

(978) 248-9600

Address

407 Walnut Hill Rd

Orange MA

Contact

(978) 544-5763

Address

20 Main St

Leominster MA

Contact

(978) 537-5400

jmorin@firsteastern.com

News on Mortgages and Reverse Mortgages for New Salem, Massachusetts 01355