Compare Today’s Mortgage Rates for Springfield, Massachusetts

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Springfield, Massachusetts 01102. 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 $3,562 or $10 / 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 01102.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Springfield, Massachusetts 01102

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Springfield, MA

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Springfield, MA 01102, 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 Springfield, MA

Historical Mortgage Rates for Springfield, Massachusetts 01102 from 2013 - 2020

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.

2013 2014 2015 2016 2017 2018 2019 2020
% 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 01102

If you’re looking to buy a new home in Springfield, we have compiled a list of the leading mortgage brokers around Springfield, Massachusetts 01102 to help you with your search.

Name
Address
Contact

Onemain Financial

358 Cooley St

Springfield MA 01102

(413) 782-0136

http://onemainfinancial.com/

Town and Country Credit

1414 Main St

Springfield MA 01102

(413) 504-0034

Vip Mortgage

799 Sumner Ave

Springfield MA 01102

(413) 746-3100

JAV Commercial Mortgage

501 Belmont Ave

Springfield MA 01102

(413) 214-7374

http://joannacobleigh.com

Affordable Mortgage Co.

470 White St

Springfield MA 01102

(800) 545-5626

bela@usa-mtg.com

Address

358 Cooley St

Springfield MA

Contact

(413) 782-0136

http://onemainfinancial.com/

Address

1414 Main St

Springfield MA

Contact

(413) 504-0034

Address

799 Sumner Ave

Springfield MA

Contact

(413) 746-3100

News on Mortgages and Reverse Mortgages for Springfield, Massachusetts 01102