Compare Today’s Refinance Rates for Worcester, Massachusetts

Our search engine analyzes refinance lenders to give you the best real-time home refi rates for Worcester, Massachusetts 01615. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing, expect lifetime cash savings are $4,274 or $12 / month in Worcester and other areas of Worcester county.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Worcester, Massachusetts 01615.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Worcester, Massachusetts 01615

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Worcester, MA

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Worcester, MA 01615, 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 Worcester, MA

Refinance Rates for Worcester, Massachusetts 01615 from 2013 - 2020

Below are historical data on refinancing in Worcester, Massachusetts and around Worcester 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 41.67% 37.79% 38.37% 42.26% 43.85% 53.20% 51.07% 41.29%
avg refi rate 4.78% 4.52% 3.88% 3.64% 4.57% 4.11% 3.86% 3.96%
% 15 year fixed refinance 36.55% 40.10% 37.67% 40.87% 34.62% 28.62% 28.88% 37.42%
avg refi rate 4.21% 3.81% 3.18% 2.94% 3.57% 3.31% 3.06% 3.26%
Avg credit score 767.24 768.48 769.29 764.58 747.78 757.41 758.02 752.59
Avg LTV (loan to value) 66.58% 68.04% 68.74% 68.91% 72.25% 73.34% 72.85% 70.02%
Avg DTI (debt to income) 29.63 30.31 29.79 29.48 32.61 32.10 32.01 32.70
Avg refinance insurance % 1.39% 1.93% 2.85% 3.24% 5.85% 5.90% 5.14% 3.10%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Worcester, Massachusetts 01615

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Worcester, Massachusetts 01615, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Tania Thomas

Mortgage Loan Officer

1393 Grafton St

Worcester, MA 01615

(508) 782-8074

tthomas@bankatunited.com

Yamilett Sickles

Mortgage Loan Officer

One West Boylston St. #100

Worcester, MA 01615

(860) 709-6717

email:ysickles@bankatunited.com

Edwin Restrepo

Community Development Relationship Manager

295 Park Avenue

Worcester, MA 01615

(508) 890-3434

edwin.restrepo@td.com

Susan Bertenthal

Loan Officer

One Ararat Street

Worcester, MA 01615

(860) 384-2945

sbertenthal@securityfirstmf.com

Michael Morcone

Loan Officer

One Ararat Street

Worcester, MA 01615

(774) 766-0257

mmorcone@securityfirstmf.com

Address

1393 Grafton St

Worcester, MA

Contact

(508) 782-8074

Fax (301) 639-0804

tthomas@bankatunited.com

Address

One West Boylston St. #100

Worcester, MA

Contact

(860) 709-6717

Fax (301) 639-0804

email:ysickles@bankatunited.com

Address

295 Park Avenue

Worcester, MA

Contact

(508) 890-3434

Fax (301) 639-0804

edwin.restrepo@td.com

Refinancing News for Worcester, Massachusetts 01615