Compare Today’s Mortgage Rates in Springfield, Massachusetts 01102
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Springfield, Massachusetts 01102.
Our search engine thoroughly explores all home mortgage options in Springfield, Massachusetts 01102, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $15,561 in lifetime cash or $43 per month in Springfield and other areas of Hampden county.
42.106
-72.5977
258
Summary of Average Mortgages in Springfield, Massachusetts 01102
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Springfield, Massachusetts 01102
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Springfield, Massachusetts 01102
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Springfield, MA 01102. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Springfield, Massachusetts 01102 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Springfield, Massachusetts and around Hampden county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 98.25% | 96.37% | 95.35% | 95.87% | 95.43% | 92.41% | 94.61% | 93.21% | 93.28% |
avg mortgage rate | 6.32% | 4.30% | 2.92% | 3.37% | 4.45% | 4.57% | 4.16% | 3.99% | 4.09% |
% 15 year fixed mortgage | 1.75% | 3.11% | 4.10% | 4.13% | 3.81% | 5.94% | 3.98% | 4.89% | 5.65% |
avg mortgage rate | 5.25% | 3.28% | 2.36% | 2.70% | 3.62% | 3.73% | 3.25% | 3.07% | 3.24% |
Avg credit score | 754.48 | 753.65 | 759.54 | 758.09 | 748.15 | 751.93 | 750.73 | 746.72 | 753.38 |
Avg LTV (loan to value) | 76.20% | 76.40% | 75.93% | 75.93% | 74.10% | 73.83% | 72.33% | 73.34% | 73.66% |
Avg DTI (debt to income) | 41.68 | 40.06 | 37.76 | 38.17 | 38.98 | 39.56 | 38.65 | 38.85 | 37.18 |
% First time homebuyer | 64.04% | 61.42% | 60.19% | 64.35% | 58.63% | 49.83% | 58.78% | 55.16% | 54.84% |
Avg mortgage insurance % | 6.14% | 6.26% | 6.43% | 6.15% | 5.43% | 4.71% | 3.35% | 4.70% | 4.33% |
Best Mortgage Brokers around Springfield, Massachusetts 01102
For those searching for a new home in Springfield, we have compiled a list of the top mortgage brokers located in and around Springfield, Massachusetts 01102 to assist 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