Compare Today’s Mortgage Rates for Richmond, Massachusetts

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Richmond, Massachusetts 01254. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $31,559 or $88 / month in Richmond and surrounding areas of Berkshire county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Richmond, Massachusetts 01254.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

42.378398 -73.364457

Summary of Average Mortgage Terms in Richmond, Massachusetts 01254

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Richmond, MA

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Richmond, MA 01254, 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 Richmond, MA

Historical Mortgage Rates for Richmond, Massachusetts 01254 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Richmond, 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 Richmond, Massachusetts 01254

If you’re looking to buy a new home in Richmond, we have compiled a list of the leading mortgage brokers around Richmond, Massachusetts 01254 to help you with your search.

Name
Address
Contact

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

News on Mortgages and Reverse Mortgages for Richmond, Massachusetts 01254