Compare Today’s Mortgage Rates for Northborough, Massachusetts
Pureloan searches mortgage lenders and major banks in Northborough, Massachusetts 01532 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 $33,265 or $92 / month is expected in Northborough and other areas of Worcester county.
Pureloan’s search engine explores all home mortgage options in Northborough, Massachusetts 01532, 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 Northborough, Massachusetts 01532
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Northborough, MA
To forecast and predict mortgage rates in Northborough, MA 01532, 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 Northborough, Massachusetts 01532 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Northborough, Massachusetts and around Worcester 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 | 90.33% | 88.55% | 88.35% | 90.40% | 90.27% | 90.27% | 91.83% | 91.51% |
| avg mortgage rate | 4.90% | 4.63% | 3.85% | 3.93% | 4.40% | 4.08% | 3.86% | 4.02% |
| % 15 year fixed mortgage | 7.21% | 8.72% | 7.93% | 8.29% | 8.48% | 8.20% | 6.51% | 6.71% |
| avg mortgage rate | 4.32% | 3.90% | 3.19% | 3.11% | 3.40% | 3.21% | 3.09% | 3.24% |
| Avg credit score | 763.06 | 765.44 | 759.43 | 756.85 | 754.49 | 752.77 | 751.21 | 751.98 |
| Avg LTV (loan to value) | 76.75% | 77.57% | 80.06% | 80.77% | 82.18% | 82.38% | 82.56% | 82.69% |
| Avg DTI (debt to income) | 31.94 | 31.84 | 32.20 | 32.30 | 33.23 | 33.39 | 33.78 | 34.35 |
| % First time homebuyer | 34.51% | 34.68% | 35.24% | 36.91% | 40.24% | 37.73% | 40.38% | 40.69% |
| Avg mortgage insurance % | 6.07% | 6.56% | 9.67% | 10.73% | 12.64% | 13.16% | 13.15% | 13.14% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Northborough, Massachusetts 01532
If you’re looking to buy a new home in Northborough, we have compiled a list of the leading mortgage brokers around Northborough, Massachusetts 01532 to help you with your search.
Name
Address
Contact
Metro Boston Mortgage Co.
300 W Main St
Northborough MA 01532
(508) 351-9900
Lifetime Home Loans
1 E Main St
Northborough MA 01532
(508) 970-0300
Phh Home Loans
318 Main St
Northborough MA 01532
(508) 351-6590
http://www.burnethomeloans.com/
Hampden Park Capital
382 Main St
Northborough MA 01532
(508) 393-3875
brian@hampdenparkcapital.com
Homequest Mortgage
34 Morgan Dr
North Grafton MA 01532
(508) 839-1630
http://www.HQWorksForMe.com
Address
300 W Main St
Northborough MA
Contact
(508) 351-9900
Address
1 E Main St
Northborough MA
Contact
(508) 970-0300
Address
318 Main St
Northborough MA
Contact
(508) 351-6590
http://www.burnethomeloans.com/