Compare Today’s Refinance Rates for Boston, Massachusetts 02295
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Boston, Massachusetts 02295.
With a 30-year amortization refinance in Boston and surrounding areas of Suffolk county, our calculations show that you can expect to save up to $30,920 over the lifetime of your mortgage, or a monthly savings of $86. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Boston, Massachusetts 02295.
Summary of Average Refinances in Boston, Massachusetts 02295
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Interactive Refinance Rate Projections for Boston, Massachusetts 02295
Pureloan has developed an interactive chart to monitor the five largest local lenders in Boston, MA 02295, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.
Historical Refinance Rates in Boston, Massachusetts 02295 from 2024 - 2016
The following historical data provides insights into refinancing trends in Boston, Massachusetts and the surrounding Suffolk county, based on factors such as loan type, credit score, LTV, and other parameters. This data is derived from actual closed home refinancings.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed refinance | 80.00% | 56.13% | 61.76% | 61.90% | 62.21% | 71.57% | 53.72% | 57.54% | 57.19% |
avg refi rate | 6.50% | 3.45% | 2.92% | 3.21% | 4.09% | 4.58% | 4.10% | 3.86% | 4.03% |
% 15 year fixed refinance | 28.22% | 22.68% | 23.87% | 24.05% | 18.63% | 32.23% | 25.98% | 28.10% | |
avg refi rate | 2.57% | 2.42% | 2.76% | 3.62% | 3.90% | 3.25% | 3.05% | 3.27% | |
Avg credit score | 756.40 | 758.96 | 766.19 | 769.86 | 762.00 | 750.37 | 761.67 | 765.34 | 764.34 |
Avg LTV (loan to value) | 61.60% | 59.81% | 66.06% | 68.15% | 71.26% | 65.40% | 67.61% | 70.21% | 68.81% |
Avg DTI (debt to income) | 37.40 | 31.36 | 31.42 | 30.53 | 32.69 | 33.28 | 32.11 | 30.51 | 30.62 |
Avg refinance insurance % | 4.90% | 1.16% | 2.50% | 3.52% | 5.37% | 2.44% | 4.79% | 5.18% | 4.84% |
Best Refinance Brokers around Boston, Massachusetts 02295
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Boston, Massachusetts 02295, we have compiled a list of top refinance brokers to assist you in the process.
Scott Johnson
Luxury Properties Specialist
16 Clarendon St
Boston, MA 02295
(617) 426-8333
scott.johnson@raveis.com
Elizabeth Crowley
Sales Associate
16 Clarendon St
Boston, MA 02295
(617) 426-8333
elizabeth.crowley@raveis.com
Elizabeth Barton
Administrative Manager
16 Clarendon St
Boston, MA 02295
(617) 426-8333
elizabeth.barton@raveis.com
Abby Marjollet
Sales Associate
707 E Broadway
Boston, MA 02295
(617) 268-7600
abby.marjollet@raveis.com
James Marcou
Sales Associate
707 E Broadway
Boston, MA 02295
(617) 268-7600
james.marcou@raveis.com
Address
16 Clarendon St
Boston, MA
Contact
(617) 426-8333
Fax (301) 639-0804
scott.johnson@raveis.com
Address
16 Clarendon St
Boston, MA
Contact
(617) 426-8333
Fax (301) 639-0804
elizabeth.crowley@raveis.com
Address
16 Clarendon St
Boston, MA
Contact
(617) 426-8333
Fax (301) 639-0804
elizabeth.barton@raveis.com