Compare Today’s Refinance Rates for Norwell, Massachusetts 02061
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Norwell, Massachusetts 02061.
With a 30-year amortization refinance in Norwell and surrounding areas of Plymouth county, our calculations show that you can expect to save up to $34,125 over the lifetime of your mortgage, or a monthly savings of $95. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Norwell, Massachusetts 02061.
Summary of Average Refinances in Norwell, Massachusetts 02061
Become a certified mortgage expert on Pureloan.com
in Norwell, Massachusetts 02061
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Norwell, Massachusetts 02061
Pureloan has developed an interactive chart to monitor the five largest local lenders in Norwell, MA 02061, 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 Norwell, Massachusetts 02061 from 2024 - 2016
The following historical data provides insights into refinancing trends in Norwell, Massachusetts and the surrounding Plymouth 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 | 60.21% | 71.19% | 72.61% | 72.05% | 69.82% | 62.80% | 59.87% | 65.54% | |
| avg refi rate | 3.93% | 3.84% | 4.04% | 4.47% | 3.70% | 3.89% | 4.44% | 4.78% | |
| % 15 year fixed refinance | 31.56% | 20.49% | 19.64% | 20.29% | 23.70% | 26.67% | 29.18% | 25.80% | |
| avg refi rate | 3.09% | 3.00% | 3.18% | 3.48% | 2.94% | 3.22% | 3.70% | 4.22% | |
| Avg credit score | 758.23 | 762.35 | 760.55 | 753.93 | 766.77 | 773.57 | 773.03 | 774.46 | |
| Avg LTV (loan to value) | 69.84% | 71.95% | 71.97% | 71.35% | 67.28% | 65.23% | 64.31% | 62.38% | |
| Avg DTI (debt to income) | 33.34 | 32.84 | 33.00 | 33.50 | 30.55 | 30.16 | 30.57 | 29.82 | |
| Avg refinance insurance % | 5.07% | 5.09% | 4.52% | 3.75% | 2.94% | 1.67% | 1.18% | 0.67% |
Best Refinance Brokers around Norwell, Massachusetts 02061
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Norwell, Massachusetts 02061, we have compiled a list of top refinance brokers to assist you in the process.
John Snow
Branch Manager
10 Pond Street
Norwell, MA 02061
(781) 878-7440
john.snow@rocklandtrust.com
Kosta Karametros
Loan Officer
600 longwater drive, suite 107
Norwell, MA 02061
(781) 616-0675
kkarametros@radiusgrp.com
Tim Prevost
Loan Officer
600 longwater drive, suite 107
Norwell, MA 02061
(781) 234-1595
tprevost@radiusgrp.com
Michael Nielsen
Loan Officer
600 longwater drive, suite 107
Norwell, MA 02061
(781) 616-0686
mnielsen@radiusgrp.com
Mat Piwowarski
Loan Officer
600 longwater drive, suite 107
Norwell, MA 02061
(781) 234-1555
mpiwowarski@radiusgrp.com
Address
10 Pond Street
Norwell, MA
Contact
(781) 878-7440
Fax (301) 639-0804
john.snow@rocklandtrust.com
Address
600 longwater drive, suite 107
Norwell, MA
Contact
(781) 616-0675
Fax (301) 639-0804
kkarametros@radiusgrp.com
Address
600 longwater drive, suite 107
Norwell, MA
Contact
(781) 234-1595
Fax (301) 639-0804
tprevost@radiusgrp.com