Compare Today’s Mortgage Rates in Palmer, Massachusetts 01069
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Palmer, Massachusetts 01069.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Palmer, Massachusetts 01069. For a 30-year fixed loan, our calculations show that you can expect to save up to $11,346 over the lifetime of your mortgage, which translates to a monthly savings of $32 in Palmer and other areas of Hampden county.
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Summary of Average Mortgages in Palmer, Massachusetts 01069
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Palmer, Massachusetts 01069
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Palmer, MA 01069. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Palmer, Massachusetts 01069 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Palmer, Massachusetts and around Hampden county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 98.39% | 96.03% | 92.02% | 97.84% | 92.06% | 91.61% | 92.48% | 91.49% | 92.36% |
avg mortgage rate | 6.47% | 4.39% | 2.99% | 3.39% | 4.40% | 4.58% | 4.17% | 3.95% | 4.09% |
% 15 year fixed mortgage | 1.61% | 2.32% | 5.52% | 1.73% | 5.29% | 5.59% | 5.26% | 4.79% | 7.64% |
avg mortgage rate | 6.00% | 3.86% | 2.32% | 3.18% | 3.55% | 3.75% | 3.23% | 3.25% | 3.09% |
Avg credit score | 749.94 | 752.53 | 786.27 | 757.14 | 750.25 | 752.24 | 756.39 | 748.78 | 745.04 |
Avg LTV (loan to value) | 79.66% | 79.44% | 79.36% | 81.28% | 80.24% | 75.72% | 76.74% | 77.52% | 75.44% |
Avg DTI (debt to income) | 38.44 | 35.47 | 34.12 | 34.45 | 35.73 | 37.47 | 36.55 | 36.33 | 34.91 |
% First time homebuyer | 62.90% | 68.54% | 65.34% | 62.77% | 74.60% | 55.94% | 56.39% | 67.02% | 60.42% |
Avg mortgage insurance % | 9.37% | 7.90% | 8.60% | 8.70% | 8.03% | 6.76% | 5.34% | 7.00% | 5.83% |
Best Mortgage Brokers around Palmer, Massachusetts 01069
For those searching for a new home in Palmer, we have compiled a list of the top mortgage brokers located in and around Palmer, Massachusetts 01069 to assist you with your search.
Name
Address
Contact
Brunell Real Estate
34 Bridge St
South Hadley MA 01069
(413) 539-6400
S B Mortgage Group
599 Page Blvd
Springfield MA 01069
(413) 241-8872
Mortgage Network USA
531 Belmont Ave
Springfield MA 01069
(413) 737-1100
bela@usa-mtg.com
Loan USA
1216 Main St
Springfield MA 01069
(413) 746-2274
springfield@loanusa.com
Mortgage Store
135 State St
Springfield MA 01069
(413) 739-1170
mgend@scmicorp.com
Address
34 Bridge St
South Hadley MA
Contact
(413) 539-6400
Address
599 Page Blvd
Springfield MA
Contact
(413) 241-8872
Address
531 Belmont Ave
Springfield MA
Contact
(413) 737-1100
bela@usa-mtg.com