Compare Today’s Mortgage Rates for Watertown, Massachusetts

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Watertown, Massachusetts 02471. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $131,801 or $366 / month in Watertown and other areas of Middlesex county.

Our search engine explores all home mortgage options in Watertown, Massachusetts 02471, 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

42.3733 -71.154

Summary of Average Mortgage Terms in Watertown, Massachusetts 02471

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 02471, 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 02471 from 2014 - 2021

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.

2014 2015 2016 2017 2018 2019 2020 2021
% 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 02471

If you’re looking to buy a new home in Watertown, we have compiled a list of the leading mortgage brokers around Watertown, Massachusetts 02471 to help you with your search.

Name
Address
Contact

Second Home

51 Water St

Watertown MA 02471

(617) 924-1212

One Source Mortgage

17 Main St

Watertown MA 02471

(617) 924-9500

watertown@patch.com

American Mortgage Resource

62 Mount Auburn St

Watertown MA 02471

(617) 972-8588

mdesantis@visitamr.com

Mortgage Master

44 Trapelo Rd

Belmont MA 02471

(617) 993-3571

gpedro@mortgagemasterinc.com

National Family Mortgage

67 Leonard St

Belmont MA 02471

(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

News on Mortgages and Reverse Mortgages for Watertown, Massachusetts 02471