Compare Today’s Mortgage Rates for Shrewsbury, Massachusetts
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Shrewsbury, Massachusetts 01545. 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 $30,729 or $85 / month in Shrewsbury and surrounding areas of Worcester 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 Shrewsbury, Massachusetts 01545.
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Summary of Average Mortgage Terms in Shrewsbury, Massachusetts 01545
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Interactive Mortgage Rate Projections for Shrewsbury, MA
To forecast and predict mortgage rates in Shrewsbury, MA 01545, 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.
Historical Mortgage Rates for Shrewsbury, Massachusetts 01545 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Shrewsbury, Massachusetts and around Worcester 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 | 90.33% | 88.55% | 88.35% | 90.40% | 90.27% | 90.27% | 91.83% | 91.51% |
| avg mortgage rate | 4.90% | 4.63% | 3.85% | 3.93% | 4.40% | 4.08% | 3.86% | 4.02% |
| % 15 year fixed mortgage | 7.21% | 8.72% | 7.93% | 8.29% | 8.48% | 8.20% | 6.51% | 6.71% |
| avg mortgage rate | 4.32% | 3.90% | 3.19% | 3.11% | 3.40% | 3.21% | 3.09% | 3.24% |
| Avg credit score | 763.06 | 765.44 | 759.43 | 756.85 | 754.49 | 752.77 | 751.21 | 751.98 |
| Avg LTV (loan to value) | 76.75% | 77.57% | 80.06% | 80.77% | 82.18% | 82.38% | 82.56% | 82.69% |
| Avg DTI (debt to income) | 31.94 | 31.84 | 32.20 | 32.30 | 33.23 | 33.39 | 33.78 | 34.35 |
| % First time homebuyer | 34.51% | 34.68% | 35.24% | 36.91% | 40.24% | 37.73% | 40.38% | 40.69% |
| Avg mortgage insurance % | 6.07% | 6.56% | 9.67% | 10.73% | 12.64% | 13.16% | 13.15% | 13.14% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Shrewsbury, Massachusetts 01545
If you’re looking to buy a new home in Shrewsbury, we have compiled a list of the leading mortgage brokers around Shrewsbury, Massachusetts 01545 to help you with your search.
Name
Address
Contact
Minuteman Mortgage Co.
382 Boston Tpke
Shrewsbury MA 01545
(508) 845-1700
Rawan
196 Boston Tpke
Shrewsbury MA 01545
(508) 752-8914
Ne Moves Mortgage
6 Maple Ave
Shrewsbury MA 01545
(508) 845-2809
shrewsbury@patch.com
Bosnakis
196 Boston Tpke
Shrewsbury MA 01545
(508) 752-8914
http://www.drewmortgage.com/
Drew Mortgage Associates
196 Boston Tpke
Shrewsbury MA 01545
(508) 753-1656
derawan@drewmortgage.com
Address
382 Boston Tpke
Shrewsbury MA
Contact
(508) 845-1700
Address
196 Boston Tpke
Shrewsbury MA
Contact
(508) 752-8914
Address
6 Maple Ave
Shrewsbury MA
Contact
(508) 845-2809
shrewsbury@patch.com