Compare Today’s Refinance Rates for Northborough, Massachusetts 01532
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Northborough, Massachusetts 01532.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $13,025 over the lifetime of your mortgage, which translates to a monthly savings of $36 in Northborough and other areas of Worcester 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 Northborough, Massachusetts 01532
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Interactive Refinance Rate Projections for Northborough, Massachusetts 01532
Pureloan has developed an interactive chart to monitor the five largest local lenders in Northborough, MA 01532, 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 Northborough, Massachusetts 01532 from 2024 - 2016
The following historical data provides insights into refinancing trends in Northborough, Massachusetts and the surrounding Worcester 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 | 100.00% | 31.82% | 22.73% | 50.00% | 43.75% | 75.00% | 41.18% | 50.00% | 33.33% |
avg refi rate | 4.88% | 3.77% | 3.02% | 3.44% | 4.48% | 4.39% | 4.13% | 3.83% | 4.00% |
% 15 year fixed refinance | 40.91% | 43.64% | 33.82% | 37.50% | 16.67% | 47.06% | 37.50% | 41.67% | |
avg refi rate | 2.85% | 2.45% | 2.92% | 3.52% | 3.81% | 3.45% | 3.36% | 3.50% | |
Avg credit score | 642.00 | 741.50 | 762.11 | 752.34 | 756.94 | 756.33 | 744.06 | 752.21 | 753.58 |
Avg LTV (loan to value) | 95.00% | 63.23% | 69.10% | 74.19% | 70.63% | 66.17% | 71.71% | 75.33% | 73.33% |
Avg DTI (debt to income) | 28.00 | 32.18 | 30.24 | 32.24 | 30.63 | 35.00 | 34.29 | 34.92 | 28.08 |
Avg refinance insurance % | 30.00% | 1.95% | 3.46% | 5.19% | 3.06% | 5.17% | 1.82% | 5.29% | 2.00% |
Best Refinance Brokers around Northborough, Massachusetts 01532
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Northborough, Massachusetts 01532, we have compiled a list of top refinance brokers to assist you in the process.
Jack Kelleher
Senior Regional Manager
#G, 292 E Main St
Northborough, MA 01532
(877) 393-5511 Ext. 18
jkelleher@priloan.com
Gary Manyak
Senior Regional Manager
#G, 292 E Main St
Northborough, MA 01532
(877) 393-5511 Ext. 20
gmanyak@priloan.com
Brian Hines
Regional Manager
#G, 292 E Main St
Northborough, MA 01532
(877) 393-5511 Ext. 17
bhines@priloan.com
Jodie Martin
Mortgage Consultant
82D Worcester Street
North Grafton, MA 01532
(508) 839-1117
jodie.martin34@gmail.com
John O'Connell
Mortgage Loan Originator
82D Worcester Street
North Grafton, MA 01532
(508) 839-1117
JohnO@HQMMA.com
Address
#G, 292 E Main St
Northborough, MA
Contact
(877) 393-5511 Ext. 18
Fax (301) 639-0804
jkelleher@priloan.com
Address
#G, 292 E Main St
Northborough, MA
Contact
(877) 393-5511 Ext. 20
Fax (301) 639-0804
gmanyak@priloan.com
Address
#G, 292 E Main St
Northborough, MA
Contact
(877) 393-5511 Ext. 17
Fax (301) 639-0804
bhines@priloan.com