Compare Today’s Mortgage Rates for Wakefield, Massachusetts

Pureloan searches mortgage lenders and major banks in Wakefield, Massachusetts 01880 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 $32,390 or $90 / month is expected in Wakefield and other areas of Middlesex county.

Pureloan’s search engine explores all home mortgage options in Wakefield, Massachusetts 01880, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

42.500886 -71.068471

Summary of Average Mortgage Terms in Wakefield, Massachusetts 01880

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Wakefield, MA

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Wakefield, MA 01880, 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 Wakefield, MA

Historical Mortgage Rates for Wakefield, Massachusetts 01880 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Wakefield, Massachusetts and around Middlesex 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 92.24% 91.46% 91.49% 90.66% 92.09% 89.98% 93.32% 92.09%
avg mortgage rate 4.97% 4.66% 3.90% 3.98% 4.46% 4.13% 3.92% 4.12%
% 15 year fixed mortgage 6.10% 6.67% 7.02% 7.74% 6.63% 7.90% 5.14% 5.58%
avg mortgage rate 4.35% 3.94% 3.23% 3.14% 3.45% 3.27% 3.09% 3.36%
Avg credit score 760.32 763.00 758.97 757.84 753.59 752.21 751.71 751.07
Avg LTV (loan to value) 75.35% 76.54% 78.13% 79.15% 80.16% 80.90% 81.34% 80.35%
Avg DTI (debt to income) 33.54 32.95 33.27 33.50 34.31 34.42 34.86 35.83
% First time homebuyer 41.36% 36.48% 38.25% 39.04% 42.86% 44.53% 44.40% 39.35%
Avg mortgage insurance % 4.19% 6.18% 8.14% 9.24% 10.63% 11.56% 12.10% 11.53%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Wakefield, Massachusetts 01880

If you’re looking to buy a new home in Wakefield, we have compiled a list of the leading mortgage brokers around Wakefield, Massachusetts 01880 to help you with your search.

Name
Address
Contact

Great American Dream Mortgage

591 North Ave

Wakefield MA 01880

(781) 213-6978

Otturboli Mortgage

27 Water St

Wakefield MA 01880

(781) 245-5600

Massachusetts Mortgage Association

607 North Ave

Wakefield MA 01880

(781) 246-0601

PMAC Lending Services

357 North Ave

Wakefield MA 01880

(781) 245-7663

john.amentola@pmaclending.com

Reliant Mortgage Company

101 Edgewater Dr

Wakefield MA 01880

(781) 295-2298

Address

591 North Ave

Wakefield MA

Contact

(781) 213-6978

Address

27 Water St

Wakefield MA

Contact

(781) 245-5600

Address

607 North Ave

Wakefield MA

Contact

(781) 246-0601

News on Mortgages and Reverse Mortgages for Wakefield, Massachusetts 01880