Compare Today’s Mortgage Rates in Watertown, Massachusetts 02472
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Watertown, Massachusetts 02472.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $62,675 over the lifetime of your 30-year fixed loan, or a monthly savings of $174 in Watertown and other areas of Middlesex county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Watertown, Massachusetts 02472
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Watertown, Massachusetts 02472
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Watertown, MA 02472. 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 Watertown, Massachusetts 02472 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Watertown, Massachusetts and around Middlesex 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 | 89.47% | 82.46% | 86.57% | 81.13% | 82.61% | 88.46% | 75.68% | 87.10% | 75.00% |
avg mortgage rate | 6.88% | 4.78% | 3.24% | 3.62% | 4.51% | 4.70% | 4.11% | 4.00% | 4.09% |
% 15 year fixed mortgage | 5.26% | 15.79% | 13.43% | 13.21% | 10.87% | 5.77% | 10.81% | 3.23% | 21.88% |
avg mortgage rate | 5.50% | 3.87% | 2.59% | 2.80% | 3.90% | 3.63% | 3.00% | 3.13% | 3.50% |
Avg credit score | 748.00 | 738.28 | 728.82 | 918.32 | 742.91 | 741.27 | 753.57 | 746.71 | 758.06 |
Avg LTV (loan to value) | 85.63% | 86.70% | 85.52% | 86.23% | 81.70% | 85.94% | 82.65% | 85.71% | 82.38% |
Avg DTI (debt to income) | 34.74 | 32.63 | 32.72 | 33.36 | 32.41 | 34.88 | 34.54 | 31.03 | 26.97 |
% First time homebuyer | 36.84% | 43.86% | 49.25% | 30.19% | 30.43% | 28.85% | 21.62% | 22.58% | 21.88% |
Avg mortgage insurance % | 17.26% | 17.65% | 16.75% | 18.49% | 12.70% | 15.60% | 9.62% | 14.48% | 16.56% |
Best Mortgage Brokers around Watertown, Massachusetts 02472
For those searching for a new home in Watertown, we have compiled a list of the top mortgage brokers located in and around Watertown, Massachusetts 02472 to assist you with your search.
Name
Address
Contact
Second Home
51 Water St
Watertown MA 02472
(617) 924-1212
One Source Mortgage
17 Main St
Watertown MA 02472
(617) 924-9500
watertown@patch.com
American Mortgage Resource
62 Mount Auburn St
Watertown MA 02472
(617) 972-8588
mdesantis@visitamr.com
Mortgage Master
44 Trapelo Rd
Belmont MA 02472
(617) 993-3571
gpedro@mortgagemasterinc.com
National Family Mortgage
67 Leonard St
Belmont MA 02472
(617) 484-0025
Address
51 Water St
Watertown MA
Contact
(617) 924-1212
Address
17 Main St
Watertown MA
Contact
(617) 924-9500
watertown@patch.com
Address
62 Mount Auburn St
Watertown MA
Contact
(617) 972-8588
mdesantis@visitamr.com