Compare Today’s Mortgage Rates for Southwick, Massachusetts
Pureloan searches mortgage lenders and major banks in Southwick, Massachusetts 01077 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 $18,988 or $53 / month is expected in Southwick and other areas of Hampden county.
Pureloan’s search engine explores all home mortgage options in Southwick, Massachusetts 01077, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Southwick, Massachusetts 01077
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Interactive Mortgage Rate Projections for Southwick, MA
To forecast and predict mortgage rates in Southwick, MA 01077, 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 Southwick, Massachusetts 01077 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Southwick, 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 Southwick, Massachusetts 01077
If you’re looking to buy a new home in Southwick, we have compiled a list of the leading mortgage brokers around Southwick, Massachusetts 01077 to help you with your search.
Onemain Financial
138 Memorial Ave
West Springfield MA 01077
(413) 733-2197
http://www.onemainfinancial.com/uscfa/cfa/portal/home.do
Mortgage Master
371 Park St
West Springfield MA 01077
(413) 733-0428
http://www.mortgagemaster.com/
Citizens Mortgage Corporation
125 Elm St
West Springfield MA 01077
(800) 666-6722
Radius Financial Group
51 Park Ave
West Springfield MA 01077
(413) 363-9847
First Eastern Mortgage
1111 Elm St
West Springfield MA 01077
(413) 737-9525
garyk@firsteastern.com
Address
138 Memorial Ave
West Springfield MA
Contact
(413) 733-2197
http://www.onemainfinancial.com/uscfa/cfa/portal/home.do
Address
371 Park St
West Springfield MA
Contact
(413) 733-0428
http://www.mortgagemaster.com/
Address
125 Elm St
West Springfield MA
Contact
(800) 666-6722