Compare Today’s Mortgage Rates in Newburyport, Massachusetts 01950

Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Newburyport, Massachusetts 01950.

Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Newburyport, Massachusetts 01950. For a 30-year fixed loan, our calculations show that you can expect to save up to $31,889 over the lifetime of your mortgage, which translates to a monthly savings of $89 in Newburyport and other areas of Essex county.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

42.812964 -70.884668 553

Summary of Average Mortgages in Newburyport, Massachusetts 01950

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Newburyport, Massachusetts 01950

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Newburyport, MA 01950. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.

Local Mortgage Rates in Newburyport, Massachusetts 01950

Newburyport is a coastal city in Essex County, Massachusetts, United States, 35 miles northeast of Boston. The population was 18,289 at the 2020 census. A historic seaport with a vibrant tourism industry, Newburyport includes part of Plum Island. Read more

Newburyport is a coastal city in Essex County, Massachusetts, United States, 35 miles northeast of Boston. The population was 18,289 at the 2020 census. A historic seaport with a vibrant tourism industry, Newburyport includes part of Plum Island. The mooring, winter storage, and maintenance of recreational boats, motor and sail, still contribute a large part of the city's income. A Coast Guard station oversees boating activity, especially in the sometimes dangerous tidal currents of the Merrimack River.

At the edge of the Newbury Marshes, delineating Newburyport to the south, an industrial park provides a wide range of jobs. Newburyport is on a major north-south highway, Interstate 95. The outer circumferential highway of Boston, Interstate 495, passes nearby in Amesbury. The Newburyport Turnpike still traverses Newburyport on its way north. The Newburyport/Rockport MBTA commuter rail from Boston's North Station terminates in Newburyport. The earlier Boston and Maine Railroad leading farther north was discontinued, but a portion of it has been converted into a recreation trail. Read less

Historical Mortgage Rates in Newburyport, Massachusetts 01950 from 2024 - 2016

We have compiled mortgage rates charts for home loans in Newburyport, Massachusetts and around Essex county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.

2024 2023 2022 2021 2020 2019 2018 2017 2016
% 30 year fixed mortgage 94.32% 93.63% 93.88% 93.88% 90.74% 90.39% 90.56% 93.10% 90.04%
avg mortgage rate 6.34% 4.53% 2.97% 3.31% 4.28% 4.56% 4.15% 3.90% 4.07%
% 15 year fixed mortgage 4.71% 5.14% 4.99% 4.98% 7.05% 7.48% 8.15% 5.85% 8.52%
avg mortgage rate 5.48% 3.52% 2.34% 2.84% 3.71% 4.00% 3.30% 3.10% 3.20%
Avg credit score 755.66 764.51 757.28 760.42 762.50 757.90 756.65 755.20 757.08
Avg LTV (loan to value) 80.31% 81.25% 82.21% 82.46% 81.73% 80.63% 81.40% 83.05% 81.21%
Avg DTI (debt to income) 37.20 35.26 33.77 33.64 34.94 34.99 34.25 33.70 33.75
% First time homebuyer 55.19% 51.92% 48.74% 48.90% 47.22% 43.07% 44.05% 48.54% 45.06%
Avg mortgage insurance % 12.73% 12.50% 12.89% 13.28% 12.46% 11.12% 11.43% 13.17% 11.78%

Source: Financial Report of the US Government

Best Mortgage Brokers around Newburyport, Massachusetts 01950

For those searching for a new home in Newburyport, we have compiled a list of the top mortgage brokers located in and around Newburyport, Massachusetts 01950 to assist you with your search.

Name
Address
Contact

Copley Capital & Mortgage Co.

4 Middle St

Newburyport MA 01950

(978) 499-1775

http://www.copleycapital.com

Inlanta Mortgage Inc.

29 Water St

Newburyport MA 01950

(978) 358-5050

Mortgage Partners

74 Water St

Newburyport MA 01950

(978) 465-0466

http://www.mymortgagepartners.com

Partners First Mortgage

260 Merrimac St

Newburyport MA 01950

(978) 358-2219

NE Moves Mortgage

61 State St

Newburyport MA 01950

(978) 462-1282

http://www.newenglandmoves.com/

Address

4 Middle St

Newburyport MA

Contact

(978) 499-1775

http://www.copleycapital.com

Address

29 Water St

Newburyport MA

Contact

(978) 358-5050

Address

74 Water St

Newburyport MA

Contact

(978) 465-0466

http://www.mymortgagepartners.com

News on Mortgages and Reverse Mortgages for Newburyport, Massachusetts 01950