Compare Today’s Refinance Rates for Cambridge, Massachusetts

Pureloan analyzes all refinance lenders to give you the best real-time home refi rates for Cambridge, Massachusetts 02239. Search for lower interest rates, cash-out refi or a home equity loan. For 30-year amortization refinancing in Cambridge and surrounding areas of Norfolk county, expected lifetime cash savings are $50,074 or $139 / month.

Our search engine analyzes all possible options including HELOC, positive equity refinancing, and short home refinancing for Cambridge, Massachusetts 02239.

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Summary of Average Refinance Terms in Cambridge, Massachusetts 02239

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Refinance Rates for Cambridge, Massachusetts 02239 from 2012 - 2019

Below are historical data on refinancing in Cambridge, Massachusetts and around Norfolk county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2012 2013 2014 2015 2016 2017 2018 2019
% 30 year fixed refinance 67.32% 58.10% 62.70% 66.91% 72.71% 66.91% 69.03% 61.56%
avg refi rate 4.79% 4.42% 3.87% 3.69% 4.44% 4.05% 3.81% 3.96%
% 15 year fixed refinance 24.95% 30.60% 27.99% 26.28% 21.30% 24.26% 21.93% 31.83%
avg refi rate 4.20% 3.71% 3.21% 2.94% 3.43% 3.20% 2.98% 3.07%
Avg credit score 775.40 773.75 775.19 768.88 753.29 761.81 767.29 757.87
Avg LTV (loan to value) 58.98% 61.10% 60.71% 63.12% 66.54% 66.36% 67.82% 64.84%
Avg DTI (debt to income) 29.47 30.49 29.58 30.19 33.22 32.85 32.78 33.36
Avg refinance insurance % 0.47% 0.70% 0.93% 2.02% 2.63% 2.82% 3.72% 2.80%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Cambridge, Massachusetts 02239

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Cambridge, Massachusetts 02239, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Jay Hughes

Senior Loan Officer

1730 Massachusetts Ave

Cambridge, MA 02239

(617) 756-9960

hughes@phhhomeloansne.com

Meghan Phripp

Coordinator

124 Mt Auburn St,

Cambridge, MA 02239

(617) 495-5731

meghan_phripp@harvard.edu

Carly Patane

Staff Assistant

124 Mt Auburn St,

Cambridge, MA 02239

(617) 495-5731

carly_patane@harvard.edu

Kate Oconnor

Staff Assistant

124 Mt Auburn St,

Cambridge, MA 02239

(617) 495-5731

kate_oconnor@harvard.edu

Alasdair Halliday

Philanthropic Advisor And Director Of Principal Gifts

124 Mt Auburn St,

Cambridge, MA 02239

(617) 495-5731

alasdair_halliday@harvard.edu

Address

1730 Massachusetts Ave

Cambridge, MA

Contact

(617) 756-9960

Fax (301) 639-0804

hughes@phhhomeloansne.com

Address

124 Mt Auburn St,

Cambridge, MA

Contact

(617) 495-5731

Fax (301) 639-0804

meghan_phripp@harvard.edu

Address

124 Mt Auburn St,

Cambridge, MA

Contact

(617) 495-5731

Fax (301) 639-0804

carly_patane@harvard.edu

Refinancing News for Cambridge, Massachusetts 02239