Compare Today’s Refinance Rates for Lawrence, Massachusetts 01841
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Lawrence, Massachusetts 01841.
With a 30-year amortization refinance in Lawrence and surrounding areas of Essex county, our calculations show that you can expect to save up to $11,721 over the lifetime of your mortgage, or a monthly savings of $33. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Lawrence, Massachusetts 01841.
Summary of Average Refinances in Lawrence, Massachusetts 01841
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Interactive Refinance Rate Projections for Lawrence, Massachusetts 01841
Pureloan has developed an interactive chart to monitor the five largest local lenders in Lawrence, MA 01841, 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 Lawrence, Massachusetts 01841 from 2024 - 2016
The following historical data provides insights into refinancing trends in Lawrence, Massachusetts and the surrounding Essex 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% | 44.19% | 42.17% | 38.03% | 60.29% | 57.14% | 48.39% | 52.94% | 41.88% |
avg refi rate | 6.50% | 3.54% | 2.99% | 3.25% | 4.20% | 4.48% | 4.24% | 3.95% | 4.05% |
% 15 year fixed refinance | 33.33% | 33.00% | 38.30% | 26.47% | 37.14% | 44.09% | 30.25% | 40.17% | |
avg refi rate | 2.60% | 2.47% | 2.77% | 3.72% | 3.74% | 3.48% | 3.20% | 3.29% | |
Avg credit score | 735.20 | 745.39 | 758.54 | 761.81 | 748.82 | 738.91 | 747.02 | 753.90 | 757.14 |
Avg LTV (loan to value) | 73.40% | 60.89% | 66.08% | 71.01% | 71.84% | 68.03% | 71.56% | 67.46% | 69.40% |
Avg DTI (debt to income) | 30.60 | 34.95 | 32.47 | 32.87 | 33.66 | 35.00 | 32.85 | 33.76 | 31.39 |
Avg refinance insurance % | 5.00% | 1.09% | 1.76% | 3.54% | 5.46% | 2.97% | 3.44% | 3.55% | 3.61% |
Best Refinance Brokers around Lawrence, Massachusetts 01841
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Lawrence, Massachusetts 01841, we have compiled a list of top refinance brokers to assist you in the process.
Stephen Robidoux
Loan Officer
232 Pleasant Street Methuen Executive Park
Methuen, MA 01841
(781) 688-2480 Ext 22
srobidoux@greenparkmortgage.com
Jeffrey Sarkisian
Loan Officer
232 Pleasant Street
Methuen, MA 01841
(978) 688-2480
jsarkisian@greenparkmortgage.com
Miguel Aguilo
Loan Officer
Methuen Executive Park, 232 Pleasant Street
Methuen, MA 01841
(978) 688-2480 Ext 23
maguilo@greenparkmortgage.com
Paul Gershkowitz
Owner /Broker
Methuen Executive Park, 232 Pleasant Street
Methuen, MA 01841
(1) 844-7136
pgershkowitz@greenparkmortgage.com
Jim Kochakian
Loan Officer
Methuen Executive Park, 232 Pleasant Street
Methuen, MA 01841
(978) 688-2480
jkochakian@greenparkmortgage.com
Address
232 Pleasant Street Methuen Executive Park
Methuen, MA
Contact
(781) 688-2480 Ext 22
Fax (301) 639-0804
srobidoux@greenparkmortgage.com
Address
232 Pleasant Street
Methuen, MA
Contact
(978) 688-2480
Fax (301) 639-0804
jsarkisian@greenparkmortgage.com
Address
Methuen Executive Park, 232 Pleasant Street
Methuen, MA
Contact
(978) 688-2480 Ext 23
Fax (301) 639-0804
maguilo@greenparkmortgage.com