Compare Today’s Mortgage Rates for Watertown, Massachusetts

Pureloan searches all major banks and mortgage lenders for the best home loan rates in Watertown, Massachusetts 02477. 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 $79,944 or $222 / month in Watertown and surrounding areas of Middlesex 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 Watertown, Massachusetts 02477.

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Summary of Average Mortgage Terms in Watertown, Massachusetts 02477

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Historical Mortgage Rates for Watertown, Massachusetts 02477 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Watertown, Massachusetts and around Middlesex 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 90.34% 86.80% 88.88% 87.02% 86.98% 87.27% 89.04% 87.08%
avg mortgage rate 4.94% 4.68% 3.89% 3.89% 4.43% 4.09% 3.87% 4.10%
% 15 year fixed mortgage 7.58% 10.19% 7.33% 11.33% 11.18% 10.15% 8.58% 11.24%
avg mortgage rate 4.31% 3.88% 3.21% 2.97% 3.45% 3.24% 3.11% 3.18%
Avg credit score 766.72 768.27 765.83 764.02 760.15 759.84 760.80 761.77
Avg LTV (loan to value) 71.45% 71.93% 74.03% 75.22% 75.50% 77.48% 75.92% 75.67%
Avg DTI (debt to income) 32.61 31.96 31.54 31.82 32.70 33.06 33.01 34.02
% First time homebuyer 39.55% 35.83% 39.10% 42.54% 43.42% 45.04% 44.96% 37.92%
Avg mortgage insurance % 2.73% 3.62% 5.08% 6.25% 7.22% 9.08% 8.34% 7.92%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Watertown, Massachusetts 02477

If you’re looking to buy a new home in Watertown, we have compiled a list of the leading mortgage brokers around Watertown, Massachusetts 02477 to help you with your search.

Name
Address
Contact

Second Home

51 Water St

Watertown MA 02477

(617) 924-1212

One Source Mortgage

17 Main St

Watertown MA 02477

(617) 924-9500

watertown@patch.com

American Mortgage Resource

62 Mount Auburn St

Watertown MA 02477

(617) 972-8588

mdesantis@visitamr.com

Greentech Lease Finance

177 Worcester St

Wellesley MA 02477

(781) 431-7700

Boston National Mortgage Corporation

23 Bellevue

Wellesley Hills MA 02477

(781) 431-2215

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

News on Mortgages and Reverse Mortgages for Watertown, Massachusetts 02477