Compare Today’s Refinance Rates for Burlington, Massachusetts 01803
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Burlington, Massachusetts 01803.
With a 30-year amortization refinance in Burlington and surrounding areas of Middlesex county, our calculations show that you can expect to save up to $16,331 over the lifetime of your mortgage, or a monthly savings of $45. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Burlington, Massachusetts 01803.
Summary of Average Refinances in Burlington, Massachusetts 01803
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Interactive Refinance Rate Projections for Burlington, Massachusetts 01803
Pureloan has developed an interactive chart to monitor the five largest local lenders in Burlington, MA 01803, 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 Burlington, Massachusetts 01803 from 2024 - 2016
The following historical data provides insights into refinancing trends in Burlington, Massachusetts and the surrounding Middlesex 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 | 90.00% | 47.76% | 49.36% | 47.28% | 55.19% | 57.29% | 42.74% | 50.00% | 45.37% |
avg refi rate | 6.53% | 3.52% | 2.99% | 3.28% | 4.17% | 4.70% | 4.10% | 3.90% | 4.11% |
% 15 year fixed refinance | 30.35% | 28.06% | 29.26% | 27.92% | 25.63% | 36.31% | 32.07% | 35.42% | |
avg refi rate | 2.76% | 2.45% | 2.77% | 3.48% | 3.82% | 3.31% | 3.13% | 3.31% | |
Avg credit score | 725.05 | 758.27 | 756.85 | 759.72 | 757.03 | 743.06 | 753.42 | 760.14 | 757.56 |
Avg LTV (loan to value) | 59.05% | 62.35% | 67.72% | 72.05% | 72.62% | 71.96% | 74.11% | 74.34% | 73.33% |
Avg DTI (debt to income) | 42.40 | 33.58 | 32.14 | 32.08 | 33.76 | 35.35 | 33.65 | 33.06 | 32.63 |
Avg refinance insurance % | 1.20% | 0.95% | 1.81% | 4.27% | 5.71% | 4.89% | 6.08% | 5.88% | 6.05% |
Best Refinance Brokers around Burlington, Massachusetts 01803
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Burlington, Massachusetts 01803, we have compiled a list of top refinance brokers to assist you in the process.
Nicholas Knight
Loan Officer
83 Cambridge Street
Burlington, MA 01803
(978) 443-3337
nknight@sagebank.com
Denny Bey
Loan Officer
83 Cambridge Street
Burlington, MA 01803
(978) 443-3337
dbey@sagebank.com
Adam Lynds
Loan Officer
83 Cambridge Street
Burlington, MA 01803
(978) 443-3337
alynds@sagebank.com
Mark McDonough
Loan officer
1500 District Avenue
Burlington, MA 01803
(781) 425-8074
mark.mcdonough@loanpacific.com
Joseph Flammia
Loan officer
1500 District Avenue
Burlington, MA 01803
(781) 425-8067
joseph.flammia@loanpacific.com
Address
83 Cambridge Street
Burlington, MA
Contact
(978) 443-3337
Fax (301) 639-0804
nknight@sagebank.com
Address
83 Cambridge Street
Burlington, MA
Contact
(978) 443-3337
Fax (301) 639-0804
dbey@sagebank.com
Address
83 Cambridge Street
Burlington, MA
Contact
(978) 443-3337
Fax (301) 639-0804
alynds@sagebank.com