Compare Today’s Mortgage Rates for Otis, Massachusetts

Pureloan searches mortgage lenders and major banks in Otis, Massachusetts 01253 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 $25,505 or $71 / month is expected in Otis and other areas of Berkshire county.

Pureloan’s search engine explores all home mortgage options in Otis, Massachusetts 01253, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

42.18988 -73.082093

Summary of Average Mortgage Terms in Otis, Massachusetts 01253

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Otis, MA

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Otis, MA 01253, 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.

Local Mortgage Rates for Otis, MA

Historical Mortgage Rates for Otis, Massachusetts 01253 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Otis, Massachusetts and around Berkshire 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 85.24% 84.89% 84.54% 85.05% 86.64% 83.64% 86.45% 85.03%
avg mortgage rate 4.97% 4.69% 3.88% 3.84% 4.38% 4.00% 3.76% 3.84%
% 15 year fixed mortgage 9.23% 9.73% 11.99% 11.77% 10.18% 13.39% 10.82% 11.90%
avg mortgage rate 4.35% 3.87% 3.11% 2.93% 3.35% 3.16% 2.92% 3.11%
Avg credit score 764.62 760.54 762.35 762.80 757.56 758.27 757.20 754.73
Avg LTV (loan to value) 75.73% 77.22% 79.87% 80.14% 79.91% 81.99% 81.88% 81.86%
Avg DTI (debt to income) 32.54 33.04 32.26 33.03 34.31 33.81 34.02 35.26
% First time homebuyer 36.35% 24.64% 21.61% 27.38% 27.71% 30.66% 28.15% 31.97%
Avg mortgage insurance % 6.56% 7.10% 9.81% 10.35% 10.60% 12.35% 12.22% 11.75%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Otis, Massachusetts 01253

If you’re looking to buy a new home in Otis, we have compiled a list of the leading mortgage brokers around Otis, Massachusetts 01253 to help you with your search.

Name
Address
Contact

Reverse Mortgage Consulting

1062 Water Farm Rd

Sheffield MA 01253

(413) 229-9908

Academy Mortgage - Greenfield

22 Mohawk Trl

Greenfield MA 01253

(413) 772-2529

contact@academymortgage.com

Tri State Acceptance

377 Federal St

Greenfield MA 01253

(413) 773-3497

Powerdowndebt

384 Montague City Rd

Turners Falls MA 01253

(413) 774-5555

http://www.powerdowndebt.com/

Equity Trust

177 Avenue A

Turners Falls MA 01253

(413) 863-9038

http://www.equitytrust.org

Address

1062 Water Farm Rd

Sheffield MA

Contact

(413) 229-9908

Address

22 Mohawk Trl

Greenfield MA

Contact

(413) 772-2529

contact@academymortgage.com

Address

377 Federal St

Greenfield MA

Contact

(413) 773-3497

News on Mortgages and Reverse Mortgages for Otis, Massachusetts 01253