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
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Interactive and Personalized Mortage Rates Analysis
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