Massachusetts can be an excellent place to lay down roots, and you are not alone in thinking so. Bay State has 2.9 million housing units According to the US Census Bureau, the homemade rate of 61.8% 2018 American Community Survey.
The median housing price for Massachusetts is $ 400,700, with a national average price of $ 229,700, but some counties are cheaper than others.
What are the mortgage rates in Massachusetts?
Average interest rate for a 30 year fixed rate Mortgages in Massachusetts Corresponds 2.91%. House interest rates Range from 2.45% Service 3.63% In Massachusetts.
What are today’s mortgage rates?
By locking in a low mortgage rate today, you can save thousands over the life of your loan. Compare your mortgage rate offers with national average trends.
Rate of this week
Last week rate
|30-Year Fixed Rate Mortgage||2.96%||3.06%|
|15-Year Fixed Rate Mortgage||2.48%||2.62%|
|30-Year Fixed-Rate Jumbo Mortgage||2.96%||3.01%|
|5/1 Jumbo ARM||2.92%||2.89%|
* Rates up to November 13, 2020
US News’ Best Massachusetts Mortgage Lenders
US News conducted an in-depth review of major direct mortgage lenders. Research was based on program availability and customer satisfaction ratings. Because each consumer has different needs, the top finishers were chosen in several key areas.
Methodology: US News conducted an in-depth review of major direct mortgage lenders in Massachusetts. The research was based on program availability, customer satisfaction ratings, and qualification requirements. Because each consumer has different needs, the top finishers were chosen in several key areas.
Before you apply
- Mortgage Type: ARM, Traditional, FHA, Refinance, USDA and VA
- Minimum FICO Credit Score: 660
- Maximum loan amount: $ 1.5 million
- Better Business Bureau Rating: A +