Compare Today’s Refinance Rates for Framingham, Massachusetts 01704
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Framingham, Massachusetts 01704.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $14,357 over the lifetime of your mortgage, which translates to a monthly savings of $40 in Framingham and other areas of Middlesex county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in Framingham, Massachusetts 01704
Become a certified mortgage expert on Pureloan.com
in Framingham, Massachusetts 01704
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Framingham, Massachusetts 01704
Pureloan has developed an interactive chart to monitor the five largest local lenders in Framingham, MA 01704, 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 Framingham, Massachusetts 01704 from 2024 - 2016
The following historical data provides insights into refinancing trends in Framingham, 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 | 66.67% | 43.33% | 47.42% | 41.94% | 49.47% | 48.36% | 47.70% | 45.92% | 44.39% |
avg refi rate | 6.08% | 3.67% | 2.94% | 3.20% | 4.14% | 4.52% | 4.06% | 3.94% | 4.08% |
% 15 year fixed refinance | 22.22% | 30.74% | 30.11% | 35.98% | 29.26% | 37.09% | 37.64% | 35.98% | 37.99% |
avg refi rate | 5.28% | 2.66% | 2.42% | 2.72% | 3.52% | 3.88% | 3.30% | 3.10% | 3.29% |
Avg credit score | 741.56 | 745.48 | 758.83 | 764.06 | 755.51 | 753.19 | 754.73 | 756.79 | 762.27 |
Avg LTV (loan to value) | 56.28% | 64.26% | 69.45% | 72.33% | 73.89% | 70.35% | 71.78% | 74.36% | 73.12% |
Avg DTI (debt to income) | 38.50 | 32.26 | 31.02 | 30.43 | 32.36 | 32.78 | 32.57 | 31.80 | 31.19 |
Avg refinance insurance % | 2.06% | 1.28% | 2.58% | 4.24% | 5.94% | 4.08% | 4.69% | 6.33% | 6.50% |
Best Refinance Brokers around Framingham, Massachusetts 01704
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Framingham, Massachusetts 01704, we have compiled a list of top refinance brokers to assist you in the process.
Kathleen Turner
Mortgage Loan Officer
9 Pleasant Street
Framingham, MA 01704
(774) 270-2559
turner@phhhomeloansne.com
Sean Pashoian
Loan Officer
74 Main Street
Framingham, MA 01704
(866) 878-6351
sean.pashoian@citizensbank.com
Jeffrey Hunt
Loan Officer
74 Main Street
Framingham, MA 01704
(855) 456-9901
jeffrey.hunt@citizensbank.com
Kathy Gervais
Senior Loan Officer
74 Main Street
Framingham, MA 01704
(844) 574-2622
kathleen.m.gervais@citizensbank.com
William Brown
Senior Loan Officer
74 Main Street
Framingham, MA 01704
(844) 442-6908
william.brown@citizensbank.com
Address
9 Pleasant Street
Framingham, MA
Contact
(774) 270-2559
Fax (301) 639-0804
turner@phhhomeloansne.com
Address
74 Main Street
Framingham, MA
Contact
(866) 878-6351
Fax (301) 639-0804
sean.pashoian@citizensbank.com
Address
74 Main Street
Framingham, MA
Contact
(855) 456-9901
Fax (301) 639-0804
jeffrey.hunt@citizensbank.com