Compare Today’s Mortgage Rates for Norfolk, Massachusetts
Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Norfolk, Massachusetts 02056. 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 $45,323 or $126 / month in Norfolk and other areas of Norfolk county.
Our search engine explores all home mortgage options in Norfolk, Massachusetts 02056, 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 Norfolk, Massachusetts 02056
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Norfolk, MA
To forecast and predict mortgage rates in Norfolk, MA 02056, 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 Norfolk, Massachusetts 02056 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Norfolk, 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 | 93.98% | 93.34% | 93.67% | 93.34% | 94.31% | 94.07% | 94.70% | 93.63% |
| avg mortgage rate | 4.87% | 4.62% | 3.86% | 3.95% | 4.44% | 4.07% | 3.87% | 4.10% |
| % 15 year fixed mortgage | 4.92% | 5.30% | 5.48% | 6.05% | 4.97% | 4.91% | 4.52% | 5.48% |
| avg mortgage rate | 4.36% | 3.95% | 3.20% | 3.11% | 3.45% | 3.24% | 3.06% | 3.19% |
| Avg credit score | 766.33 | 766.84 | 765.38 | 760.39 | 758.08 | 758.77 | 760.52 | 767.42 |
| Avg LTV (loan to value) | 75.39% | 76.40% | 78.84% | 80.17% | 79.51% | 79.99% | 81.27% | 81.07% |
| Avg DTI (debt to income) | 33.30 | 33.68 | 33.32 | 34.44 | 35.23 | 35.91 | 35.78 | 35.77 |
| % First time homebuyer | 33.03% | 30.79% | 32.58% | 39.29% | 41.05% | 41.58% | 37.49% | 38.96% |
| Avg mortgage insurance % | 3.95% | 5.15% | 8.03% | 9.83% | 9.45% | 10.35% | 11.96% | 11.82% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Norfolk, Massachusetts 02056
If you’re looking to buy a new home in Norfolk, we have compiled a list of the leading mortgage brokers around Norfolk, Massachusetts 02056 to help you with your search.
Name
Address
Contact
Wells Fargo Home Mortgage
4 Lafayette Ln
Norfolk MA 02056
(508) 384-5757
http://www.wellsfargo.com/mortgage/
Realty Management Solutions
30 Lake St
Norfolk MA 02056
(617) 279-1627
julie@rmsolutionsllc.com
Mortgage One Financial
1408 Boston Providence Tpke
Norwood MA 02056
(781) 762-9989
lprager@compup.com
R & A Mortgage
1504 Providence Hwy
Norwood MA 02056
(781) 551-5800
Omega Financial
7 Vernon St
Norwood MA 02056
(781) 762-2928
aemanuel@omegafin.com
Address
4 Lafayette Ln
Norfolk MA
Contact
(508) 384-5757
http://www.wellsfargo.com/mortgage/
Address
30 Lake St
Norfolk MA
Contact
(617) 279-1627
julie@rmsolutionsllc.com
Address
1408 Boston Providence Tpke
Norwood MA
Contact
(781) 762-9989
lprager@compup.com