Compare Today’s Mortgage Rates for Watertown, Massachusetts

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Watertown, Massachusetts 02477. 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 $23,332 or $65 / 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.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Watertown, Massachusetts 02477

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Watertown, MA

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Watertown, MA 02477, 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 Watertown, MA

Historical Mortgage Rates for Watertown, Massachusetts 02477 from 2013 - 2020

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.

2013 2014 2015 2016 2017 2018 2019 2020
% 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