Compare Today’s Mortgage Rates for Palmer, Massachusetts

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Palmer, Massachusetts 01069. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $10,225 or $28 / month in Palmer and other areas of Hampden county.

Our search engine explores all home mortgage options in Palmer, Massachusetts 01069, 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

42.176233 -72.328785

Summary of Average Mortgage Terms in Palmer, Massachusetts 01069

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Palmer, MA

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Palmer, MA 01069, 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 Palmer, MA

Historical Mortgage Rates for Palmer, Massachusetts 01069 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Palmer, Massachusetts and around Hampden 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 92.97% 89.03% 90.27% 89.82% 89.64% 88.76% 90.85% 91.47%
avg mortgage rate 4.97% 4.69% 3.90% 3.87% 4.37% 4.03% 3.82% 4.04%
% 15 year fixed mortgage 5.39% 8.60% 7.44% 7.49% 8.26% 7.28% 6.58% 6.76%
avg mortgage rate 4.39% 3.91% 3.18% 3.12% 3.45% 3.20% 3.14% 3.15%
Avg credit score 763.63 761.32 763.23 762.96 756.89 753.35 756.12 749.00
Avg LTV (loan to value) 69.30% 70.11% 75.29% 75.38% 76.49% 77.63% 76.85% 79.15%
Avg DTI (debt to income) 32.54 32.93 32.05 31.52 33.10 33.90 33.84 35.14
% First time homebuyer 57.27% 41.40% 38.77% 46.49% 46.55% 42.66% 43.08% 40.00%
Avg mortgage insurance % 2.40% 3.11% 5.88% 6.29% 8.03% 8.16% 9.31% 9.75%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Palmer, Massachusetts 01069

If you’re looking to buy a new home in Palmer, we have compiled a list of the leading mortgage brokers around Palmer, Massachusetts 01069 to help 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

News on Mortgages and Reverse Mortgages for Palmer, Massachusetts 01069