Compare Today’s Mortgage Rates for Springfield, Massachusetts

Pureloan searches all major banks and mortgage lenders for the best home loan rates in Springfield, Massachusetts 01199. We provide popular mortgage brokers in your area and a detailed analysis of your home loan payments. For 30-year fixed, expected lifetime cash savings are $22,269 or $62 / month in Springfield and surrounding areas of Hampden 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 Springfield, Massachusetts 01199.

No suitable program is found

Summary of Average Mortgage Terms in Springfield, Massachusetts 01199

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Historical Mortgage Rates for Springfield, Massachusetts 01199 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Springfield, Massachusetts and around Hampden county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2012 2013 2014 2015 2016 2017 2018 2019
% 30 year fixed mortgage 89.16% 89.70% 92.08% 90.48% 90.61% 90.85% 91.35% 93.56%
avg mortgage rate 4.97% 4.65% 3.90% 3.93% 4.44% 4.12% 3.99% 4.18%
% 15 year fixed mortgage 9.11% 8.40% 5.94% 7.26% 7.98% 7.75% 5.84% 4.95%
avg mortgage rate 4.33% 3.87% 3.37% 3.04% 3.50% 3.24% 3.13% 3.25%
Avg credit score 758.79 758.73 759.08 756.10 750.26 750.07 745.04 744.13
Avg LTV (loan to value) 70.43% 70.95% 73.93% 74.33% 76.49% 76.30% 76.03% 76.36%
Avg DTI (debt to income) 34.74 35.81 34.48 35.46 35.98 36.68 37.75 39.03
% First time homebuyer 51.48% 47.97% 48.18% 49.66% 50.00% 49.50% 50.91% 50.99%
Avg mortgage insurance % 2.54% 2.32% 4.51% 5.20% 6.54% 7.03% 7.27% 6.06%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Springfield, Massachusetts 01199

If you’re looking to buy a new home in Springfield, we have compiled a list of the leading mortgage brokers around Springfield, Massachusetts 01199 to help you with your search.

Name
Address
Contact

S B Mortgage Group

599 Page Blvd

Springfield MA 01199

(413) 241-8872

Mortgage Network USA

531 Belmont Ave

Springfield MA 01199

(413) 737-1100

bela@usa-mtg.com

Loan USA

1216 Main St

Springfield MA 01199

(413) 746-2274

springfield@loanusa.com

Mortgage Store

135 State St

Springfield MA 01199

(413) 739-1170

mgend@scmicorp.com

Naca

1623 Main St

Springfield MA 01199

(413) 788-6220

service@naca.com

Address

599 Page Blvd

Springfield MA

Contact

(413) 241-8872

Address

531 Belmont Ave

Springfield MA

Contact

(413) 737-1100

bela@usa-mtg.com

Address

1216 Main St

Springfield MA

Contact

(413) 746-2274

springfield@loanusa.com

News on Mortgages and Reverse Mortgages for Springfield, Massachusetts 01199