Compare Today’s Refinance Rates for Newton Lower Falls, Massachusetts 02462
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Newton Lower Falls, Massachusetts 02462.
With a 30-year amortization refinance in Newton Lower Falls and surrounding areas of Middlesex county, our calculations show that you can expect to save up to $20,883 over the lifetime of your mortgage, or a monthly savings of $58. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Newton Lower Falls, Massachusetts 02462.
Summary of Average Refinances in Newton Lower Falls, Massachusetts 02462
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Interactive Refinance Rate Projections for Newton Lower Falls, Massachusetts 02462
Pureloan has developed an interactive chart to monitor the five largest local lenders in Newton Lower Falls, MA 02462, 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 Newton Lower Falls, Massachusetts 02462 from 2024 - 2016
The following historical data provides insights into refinancing trends in Newton Lower Falls, 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 | 38.89% | 45.65% | 40.91% | 62.50% | 50.00% | 38.46% | 64.71% | 62.50% | |
avg refi rate | 3.73% | 3.06% | 3.17% | 4.52% | 4.88% | 4.16% | 4.10% | 4.03% | |
% 15 year fixed refinance | 22.22% | 32.61% | 36.36% | 12.50% | 16.67% | 38.46% | 23.53% | 25.00% | |
avg refi rate | 3.12% | 2.41% | 2.82% | 4.63% | 4.50% | 3.07% | 2.94% | 3.41% | |
Avg credit score | 718.78 | 762.30 | 747.80 | 748.63 | 742.00 | 747.85 | 734.65 | 752.44 | |
Avg LTV (loan to value) | 69.94% | 67.89% | 72.66% | 79.88% | 73.67% | 68.08% | 74.59% | 76.25% | |
Avg DTI (debt to income) | 33.00 | 31.02 | 28.91 | 34.88 | 35.17 | 29.08 | 32.65 | 30.75 | |
Avg refinance insurance % | 2.33% | 2.65% | 4.27% | 6.88% | 8.33% | 2.85% | 4.59% | 9.06% |
Best Refinance Brokers around Newton Lower Falls, Massachusetts 02462
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Newton Lower Falls, Massachusetts 02462, we have compiled a list of top refinance brokers to assist you in the process.
Barry Little
Loan Originator
118 Needham Street
Newton, MA 02462
(508) 733-4858
barry@indmortgage.com
Dick Lee
Loan Officer
118 Needham Street
Newton, MA 02462
(617) 965-1988
dlee@indmortgage.com
Michael Rose
Loan Officer
118 Needham Street
Newton, MA 02462
(617) 965-1988
mrose@indmortgage.com
David Homsi
Mortgage Loan Officer
303 Walnut st
Newton, MA 02462
(704) 386-5972
david.homsi@bankofamerica.com
David Binette
Loan Officers
1 Chestnut Street
Newton, MA 02462
(508) 439-9303
david.binette@bankofamerica.com
Address
118 Needham Street
Newton, MA
Contact
(508) 733-4858
Fax (301) 639-0804
barry@indmortgage.com
Address
118 Needham Street
Newton, MA
Contact
(617) 965-1988
Fax (301) 639-0804
dlee@indmortgage.com
Address
118 Needham Street
Newton, MA
Contact
(617) 965-1988
Fax (301) 639-0804
mrose@indmortgage.com