Compare Today’s Mortgage Rates for North Andover, Massachusetts

Pureloan searches mortgage lenders and major banks in North Andover, Massachusetts 01845 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 $23,643 or $66 / month is expected in North Andover and other areas of Essex county.

Pureloan’s search engine explores all home mortgage options in North Andover, Massachusetts 01845, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

No suitable program is found

Summary of Average Mortgage Terms in North Andover, Massachusetts 01845

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in North Andover, MA 01845, 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 North Andover, Massachusetts 01845 from 2012 - 2019

We have compiled mortgage rate charts for home loans in North Andover, Massachusetts and around Essex county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed mortgage 92.24% 91.46% 91.49% 90.66% 92.09% 89.98% 93.32% 92.09%
avg mortgage rate 4.97% 4.66% 3.90% 3.98% 4.46% 4.13% 3.92% 4.12%
% 15 year fixed mortgage 6.10% 6.67% 7.02% 7.74% 6.63% 7.90% 5.14% 5.58%
avg mortgage rate 4.35% 3.94% 3.23% 3.14% 3.45% 3.27% 3.09% 3.36%
Avg credit score 760.32 763.00 758.97 757.84 753.59 752.21 751.71 751.07
Avg LTV (loan to value) 75.35% 76.54% 78.13% 79.15% 80.16% 80.90% 81.34% 80.35%
Avg DTI (debt to income) 33.54 32.95 33.27 33.50 34.31 34.42 34.86 35.83
% First time homebuyer 41.36% 36.48% 38.25% 39.04% 42.86% 44.53% 44.40% 39.35%
Avg mortgage insurance % 4.19% 6.18% 8.14% 9.24% 10.63% 11.56% 12.10% 11.53%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around North Andover, Massachusetts 01845

If you’re looking to buy a new home in North Andover, we have compiled a list of the leading mortgage brokers around North Andover, Massachusetts 01845 to help you with your search.

Name
Address
Contact

Vista Mortgage

200 Sutton St

North Andover MA 01845

(978) 688-4490

http://www.​vistamtgcorp.​com

Carteret Mortgage Co.

859 Turnpike St

North Andover MA 01845

(978) 685-7076

Jefferson Equity Partners

800 Turnpike St

North Andover MA 01845

(978) 688-0865

Prime Mortgage Assoc

18 Waverley Rd

North Andover MA 01845

(978) 688-1717

Mortgage Master

101 Quail Run Rd

North Andover MA 01845

(978) 975-3707

Address

200 Sutton St

North Andover MA

Contact

(978) 688-4490

http://www.​vistamtgcorp.​com

Address

859 Turnpike St

North Andover MA

Contact

(978) 685-7076

Address

800 Turnpike St

North Andover MA

Contact

(978) 688-0865

News on Mortgages and Reverse Mortgages for North Andover, Massachusetts 01845