Compare Today’s Refinance Rates for North Chelmsford, Massachusetts 01863
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in North Chelmsford, Massachusetts 01863.
With a 30-year amortization refinance in North Chelmsford and surrounding areas of Middlesex county, our calculations show that you can expect to save up to $14,031 over the lifetime of your mortgage, or a monthly savings of $39. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for North Chelmsford, Massachusetts 01863.
Summary of Average Refinances in North Chelmsford, Massachusetts 01863
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Interactive Refinance Rate Projections for North Chelmsford, Massachusetts 01863
Pureloan has developed an interactive chart to monitor the five largest local lenders in North Chelmsford, MA 01863, 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 North Chelmsford, Massachusetts 01863 from 2024 - 2016
The following historical data provides insights into refinancing trends in North Chelmsford, 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 | 90.00% | 47.76% | 49.36% | 47.28% | 55.19% | 57.29% | 42.74% | 50.00% | 45.37% |
avg refi rate | 6.53% | 3.52% | 2.99% | 3.28% | 4.17% | 4.70% | 4.10% | 3.90% | 4.11% |
% 15 year fixed refinance | 30.35% | 28.06% | 29.26% | 27.92% | 25.63% | 36.31% | 32.07% | 35.42% | |
avg refi rate | 2.76% | 2.45% | 2.77% | 3.48% | 3.82% | 3.31% | 3.13% | 3.31% | |
Avg credit score | 725.05 | 758.27 | 756.85 | 759.72 | 757.03 | 743.06 | 753.42 | 760.14 | 757.56 |
Avg LTV (loan to value) | 59.05% | 62.35% | 67.72% | 72.05% | 72.62% | 71.96% | 74.11% | 74.34% | 73.33% |
Avg DTI (debt to income) | 42.40 | 33.58 | 32.14 | 32.08 | 33.76 | 35.35 | 33.65 | 33.06 | 32.63 |
Avg refinance insurance % | 1.20% | 0.95% | 1.81% | 4.27% | 5.71% | 4.89% | 6.08% | 5.88% | 6.05% |
Best Refinance Brokers around North Chelmsford, Massachusetts 01863
If you are considering refinancing your mortgage or obtaining a cash-out refinance in North Chelmsford, Massachusetts 01863, we have compiled a list of top refinance brokers to assist you in the process.
Ron Peck
VP / Loan Officer
2 Groton Road
North Chelmsford, MA 01863
(978) 448-8417
Ron.Peck@salemfive.com
Jim Heller
Senior Loan Officer
2 Groton Road
North Chelmsford, MA 01863
(978) 251-3478
Jim.Heller@salemfive.com
Penny Hamel
Senior Loan Officer
2 Groton Road, Suite #3
North Chelmsford, MA 01863
(978) 618-7440
Penny.Hamel@salemfive.com
Ryan Flanigan
Senior Loan Officer
2 Groton Road, Suite 3
North Chelmsford, MA 01863
(978) 498-0211
ryan.flanigan@salemfive.com
Ratha Men
Loan Officer
345 North Road ,Unit 4
North Chelmsford, MA 01863
(978) 251-8558
rmen@homesteadfunding.com
Address
2 Groton Road
North Chelmsford, MA
Contact
(978) 448-8417
Fax (301) 639-0804
Ron.Peck@salemfive.com
Address
2 Groton Road
North Chelmsford, MA
Contact
(978) 251-3478
Fax (301) 639-0804
Jim.Heller@salemfive.com
Address
2 Groton Road, Suite #3
North Chelmsford, MA
Contact
(978) 618-7440
Fax (301) 639-0804
Penny.Hamel@salemfive.com