Compare Today’s Mortgage Rates for Worcester, Massachusetts

Pureloan searches mortgage lenders and major banks in Worcester, Massachusetts 01615 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 $11,938 or $33 / month is expected in Worcester and other areas of Worcester county.

Pureloan’s search engine explores all home mortgage options in Worcester, Massachusetts 01615, 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

Summary of Average Mortgage Terms in Worcester, Massachusetts 01615

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Worcester, MA

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Worcester, MA 01615, 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 Worcester, MA

Historical Mortgage Rates for Worcester, Massachusetts 01615 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Worcester, Massachusetts and around Worcester 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 92.47% 87.40% 87.15% 91.19% 91.08% 90.35% 90.81% 92.53%
avg mortgage rate 4.92% 4.64% 3.86% 3.92% 4.41% 4.07% 3.87% 4.06%
% 15 year fixed mortgage 6.35% 10.14% 9.57% 7.69% 7.68% 7.27% 6.71% 6.82%
avg mortgage rate 4.38% 3.75% 3.27% 3.14% 3.48% 3.28% 3.11% 3.34%
Avg credit score 760.24 760.56 760.24 760.68 753.09 755.75 751.96 750.00
Avg LTV (loan to value) 78.07% 79.02% 80.37% 82.07% 83.26% 83.06% 83.23% 81.45%
Avg DTI (debt to income) 31.88 32.14 31.85 32.14 33.28 33.56 33.66 34.98
% First time homebuyer 36.94% 39.45% 32.24% 37.18% 42.39% 43.08% 40.12% 33.77%
Avg mortgage insurance % 6.31% 7.97% 9.51% 11.81% 12.62% 13.96% 13.08% 11.42%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Worcester, Massachusetts 01615

If you’re looking to buy a new home in Worcester, we have compiled a list of the leading mortgage brokers around Worcester, Massachusetts 01615 to help you with your search.

Name
Address
Contact

Webfirst Mortgage

271 Greenwood St

Worcester MA 01615

(508) 943-1433

http://webfirstinsurance.com

South Coastal Bank

781 Pleasant St

Worcester MA 01615

(508) 791-0788

cpdcinsurance@mountainone.com

Eagle Nationwide Mortgage Co.

781 Pleasant St

Worcester MA 01615

(508) 791-0788

Primary Residential Mortgage

711 Pleasant St

Worcester MA 01615

(508) 792-0360

rbelanus@primeres.com

Springleaf Financial Services

65 James St

Worcester MA 01615

(508) 792-4240

http://www.springleaffinancial.com/

Address

271 Greenwood St

Worcester MA

Contact

(508) 943-1433

http://webfirstinsurance.com

Address

781 Pleasant St

Worcester MA

Contact

(508) 791-0788

cpdcinsurance@mountainone.com

Address

781 Pleasant St

Worcester MA

Contact

(508) 791-0788

News on Mortgages and Reverse Mortgages for Worcester, Massachusetts 01615