Compare Today’s Mortgage Rates for Reading, Massachusetts

Pureloan searches mortgage lenders and major banks in Reading, Massachusetts 01867 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 $32,390 or $90 / month is expected in Reading and other areas of Middlesex county.

Pureloan’s search engine explores all home mortgage options in Reading, Massachusetts 01867, 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

42.527986 -71.109021

Summary of Average Mortgage Terms in Reading, Massachusetts 01867

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Reading, MA

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Reading, MA 01867, 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 Reading, MA

Historical Mortgage Rates for Reading, Massachusetts 01867 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Reading, Massachusetts and around Middlesex 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 92.24% 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 Reading, Massachusetts 01867

If you’re looking to buy a new home in Reading, we have compiled a list of the leading mortgage brokers around Reading, Massachusetts 01867 to help you with your search.

Name
Address
Contact

First Call Mortgage Company

80 Main St

Reading MA 01867

(781) 944-4468

National Finance Co.

26 Brande Ct

Reading MA 01867

(781) 944-1422

Modern Mortgage Solutions

18 Selfridge Rd

Reading MA 01867

(781) 944-2985

Primary Residential Mortgage

2 Haven St

Reading MA 01867

(781) 670-9303

http://primaryresidentialmortgage.com

Reading Woods by Pulte Homes

55 Jacob Way

Reading MA 01867

(866) 306-9286

http://www.pulte.com/communities/ma/reading/reading-woods/91936/index1.aspx

Address

80 Main St

Reading MA

Contact

(781) 944-4468

Address

26 Brande Ct

Reading MA

Contact

(781) 944-1422

Address

18 Selfridge Rd

Reading MA

Contact

(781) 944-2985

News on Mortgages and Reverse Mortgages for Reading, Massachusetts 01867