Compare Today’s Mortgage Rates in Richmond, Massachusetts 01254
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Richmond, Massachusetts 01254.
Our search engine thoroughly explores all home mortgage options in Richmond, Massachusetts 01254, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $17,939 in lifetime cash or $50 per month in Richmond and other areas of Berkshire county.
Summary of Average Mortgages in Richmond, Massachusetts 01254
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Interactive Mortgage Rate Projections for Richmond, Massachusetts 01254
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Richmond, MA 01254. 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 Richmond, Massachusetts 01254 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Richmond, Massachusetts and around Berkshire 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 | 95.04% | 95.01% | 93.15% | 92.58% | 91.30% | 91.53% | 85.63% | 84.39% | 85.21% |
avg mortgage rate | 6.52% | 4.35% | 3.07% | 3.45% | 4.37% | 4.47% | 4.00% | 3.73% | 3.96% |
% 15 year fixed mortgage | 3.55% | 3.21% | 4.84% | 5.46% | 7.32% | 6.61% | 9.01% | 12.17% | 12.54% |
avg mortgage rate | 5.63% | 3.51% | 2.47% | 2.98% | 3.98% | 3.73% | 3.21% | 2.95% | 3.14% |
Avg credit score | 742.38 | 766.11 | 751.16 | 751.42 | 747.48 | 749.54 | 757.90 | 755.60 | 756.96 |
Avg LTV (loan to value) | 83.55% | 84.91% | 85.68% | 86.24% | 85.24% | 84.31% | 83.17% | 84.31% | 82.84% |
Avg DTI (debt to income) | 38.86 | 37.61 | 35.90 | 36.74 | 36.09 | 37.27 | 35.63 | 34.41 | 35.36 |
% First time homebuyer | 60.28% | 54.72% | 49.06% | 52.84% | 50.57% | 42.86% | 37.75% | 30.16% | 31.83% |
Avg mortgage insurance % | 14.45% | 15.21% | 15.95% | 17.02% | 14.98% | 14.33% | 12.26% | 13.67% | 13.21% |
Best Mortgage Brokers around Richmond, Massachusetts 01254
For those searching for a new home in Richmond, we have compiled a list of the top mortgage brokers located in and around Richmond, Massachusetts 01254 to assist you with your search.
Reverse Mortgage Consulting
1062 Water Farm Rd
Sheffield MA 01254
(413) 229-9908
Academy Mortgage - Greenfield
22 Mohawk Trl
Greenfield MA 01254
(413) 772-2529
contact@academymortgage.com
Tri State Acceptance
377 Federal St
Greenfield MA 01254
(413) 773-3497
Powerdowndebt
384 Montague City Rd
Turners Falls MA 01254
(413) 774-5555
http://www.powerdowndebt.com/
Equity Trust
177 Avenue A
Turners Falls MA 01254
(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