Compare Today’s Refinance Rates for Springfield, Massachusetts

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Springfield, Massachusetts 01102. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Springfield and other areas of Hampden county, expected lifetime cash savings are $4,408 or $12 / month.

For Springfield, Massachusetts 01102, Pureloan’s search engine analyzes all refi loan options including positive equity refinancing, short home refinancing, and HELOC.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Springfield, Massachusetts 01102

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Springfield, MA

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Springfield, MA 01102, Pureloan has created an interactive chart to track the 5 largest local lenders for refi's and cash-out's. Historical rates are based on closed refinancings, and projections are based on proprietary modeling.

Local Refinance Rates for Springfield, MA

Refinance Rates for Springfield, Massachusetts 01102 from 2013 - 2020

Below are historical data on refinancing in Springfield, Massachusetts and around Hampden county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed refinance 56.58% 39.87% 45.86% 50.34% 50.85% 49.80% 50.20% 42.50%
avg refi rate 4.91% 4.67% 3.97% 3.71% 4.53% 4.10% 3.91% 3.96%
% 15 year fixed refinance 33.05% 39.24% 40.40% 38.01% 33.90% 31.08% 34.12% 43.33%
avg refi rate 4.35% 3.82% 3.29% 3.01% 3.54% 3.24% 3.17% 3.08%
Avg credit score 764.92 762.70 765.77 759.78 750.58 753.03 752.33 751.19
Avg LTV (loan to value) 57.32% 57.68% 59.16% 59.49% 62.38% 65.36% 62.39% 63.64%
Avg DTI (debt to income) 31.29 32.53 32.92 32.94 34.93 35.15 35.02 35.01
Avg refinance insurance % 0.78% 0.84% 0.75% 1.27% 2.08% 1.64% 2.15% 3.26%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Springfield, Massachusetts 01102

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Springfield, Massachusetts 01102, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Timothy Throckmorton

Director Of Fiduciary Services & Svp

1355 Boston Rd

Springfield, MA 01102

(203) 328-8110

timothy@websteronline.com

Rogean Makowski

Senior Fiduciary Services Officer & Svp

1355 Boston Rd

Springfield, MA 01102

(401) 228-2044

rogean@websteronline.com

Timothy Throckmorton

Director Of Fiduciary Services & Svp

1355 Boston Rd

Springfield, MA 01102

(203) 328-8110

tthrockmorton@websterbank.com

Rogean Makowski

Senior Fiduciary Services Officer & Svp

1355 Boston Rd

Springfield, MA 01102

(401) 228-2044

rbmakowski@websterbank.com

Deborah Yates

Loan Officer

1414 Main Street, Suite 1370

Springfield, MA 01102

(413) 455-2203

dyates@mandm.consulting

Address

1355 Boston Rd

Springfield, MA

Contact

(203) 328-8110

Fax (301) 639-0804

timothy@websteronline.com

Address

1355 Boston Rd

Springfield, MA

Contact

(401) 228-2044

Fax (301) 639-0804

rogean@websteronline.com

Address

1355 Boston Rd

Springfield, MA

Contact

(203) 328-8110

Fax (301) 639-0804

tthrockmorton@websterbank.com

Refinancing News for Springfield, Massachusetts 01102