Compare Today’s Refinance Rates for Cambridge, Massachusetts

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Cambridge, Massachusetts 02141. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Cambridge and other areas of Middlesex county, expected lifetime cash savings are $16,221 or $45 / month.

For Cambridge, Massachusetts 02141, Pureloan’s search engine analyzes all refi loan options including positive equity refinancing, short home refinancing, and HELOC.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Cambridge, Massachusetts 02141

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Cambridge, MA

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Cambridge, MA 02141, Pureloan has created an interactive chart to track the 5 largest local lenders for refi's and cash-out's. Historical rates are based on closed refinancings, and projections are based on proprietary modeling.

Local Refinance Rates for Cambridge, MA

Refinance Rates for Cambridge, Massachusetts 02141 from 2013 - 2020

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

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed refinance 61.77% 54.26% 57.92% 61.89% 62.73% 65.40% 63.94% 56.48%
avg refi rate 4.85% 4.50% 3.92% 3.71% 4.49% 4.03% 3.84% 3.90%
% 15 year fixed refinance 25.13% 29.35% 27.06% 26.89% 25.02% 21.83% 23.55% 27.50%
avg refi rate 4.25% 3.77% 3.23% 2.94% 3.52% 3.24% 3.05% 3.12%
Avg credit score 768.01 769.02 771.74 765.78 752.15 759.24 760.54 755.00
Avg LTV (loan to value) 62.75% 63.63% 64.65% 65.37% 67.62% 68.02% 66.19% 63.55%
Avg DTI (debt to income) 31.24 31.03 30.29 30.50 33.47 32.77 32.46 32.96
Avg refinance insurance % 0.91% 1.35% 1.53% 2.34% 3.70% 3.53% 2.96% 3.00%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Cambridge, Massachusetts 02141

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Cambridge, Massachusetts 02141, 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 02141

(617) 756-9960

hughes@phhhomeloansne.com

Meghan Phripp

Coordinator

124 Mt Auburn St,

Cambridge, MA 02141

(617) 495-5731

meghan_phripp@harvard.edu

Carly Patane

Staff Assistant

124 Mt Auburn St,

Cambridge, MA 02141

(617) 495-5731

carly_patane@harvard.edu

Kate Oconnor

Staff Assistant

124 Mt Auburn St,

Cambridge, MA 02141

(617) 495-5731

kate_oconnor@harvard.edu

Alasdair Halliday

Philanthropic Advisor And Director Of Principal Gifts

124 Mt Auburn St,

Cambridge, MA 02141

(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 02141