Worcester, MA Mortgage Rates and Refinance Rates

Worcester, Massachusetts Mortgage Rates - Refinance Rates

Worcester, MA: Search and compare mortgage rates and refinance rates in Worcester, MA. Our rate table has a list of Worcester, Massachusetts mortgage interest rates and mortgage refinance rates. You can also use our free mortgage calculator to calculate monthly mortgage payments.

When you start your search for current Mortgage Rates or mortgage refinance rates you need to first have an understanding of the types of mortgages available and the corresponding interest rates. Types of mortgages interest rates and refinance mortgage rates available in Worcester, MA include conforming mortgage rates, super conforming rates, jumbo rates, adjustable rates, HELOC rates and home equity loan rates. There are variations of each type of mortgage available in Worcester, MA listed below.

Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
15 yr fixed refi in 02118, All points, Credit score: 740+     Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
at 0.000 pts
60 day lock rate
Est payment: $1,429.77
Fees in APR: $1,645
 
 
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Discover Home Loans, Inc Logo
NMLS # 837915
at 0.000 pts
40 day lock rate
Est payment: $1,429.77
Fees in APR: $995
 
 
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Pentagon Federal Credit Union Logo
at 0.000 pts
60 day lock rate
Est payment: $1,405.34
Fees in APR: None
 
 
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Close Your Own Loan.com Logo
NMLS # 690890
at 0.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: $1,545
 
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Commonwealth Mortgage, LLC Logo
NMLS # 1023
State Lic # MC1023
at 0.000 pts
30 day lock rate
Est payment: $1,381.16
Fees in APR: None
 
 
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Foxboro Federal Savings Logo
NMLS # 644159
at 0.000 pts
45 day lock rate
Est payment: $1,393.22
Fees in APR: $674
Our time on Bankrate is limited; see rates 24/7 on our website. 
 
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loanDepot Logo
NMLS # 174457
State Lic # MC174457
at 0.000 pts
30 day lock rate
Est payment: $1,381.16
Fees in APR: $595
 
 
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at 0.000 pts
45 day lock rate
Est payment: $1,393.22
Fees in APR: $760
 
 
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Discover Home Loans, Inc Logo
NMLS # 837915
at 2.000 pts
40 day lock rate
Est payment: $1,380.20
Fees in APR: $995
 
 
Next button
Close Your Own Loan.com Logo
NMLS # 690890
at 2.000 pts
30 day lock rate
Est payment: $1,357.24
Fees in APR: $1,545
 
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Commonwealth Mortgage, LLC Logo
NMLS # 1023
State Lic # MC1023
at 2.000 pts
30 day lock rate
Est payment: $1,357.24
Fees in APR: None
 
 
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loanDepot Logo
NMLS # 174457
State Lic # MC174457
at 2.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: $1,950
 
 
Next button
Pentagon Federal Credit Union Logo
at 1.000 pts
60 day lock rate
Est payment: $1,381.16
Fees in APR: None
 
 
Next button
Commonwealth Mortgage, LLC Logo
NMLS # 1023
State Lic # MC1023
at 1.000 pts
30 day lock rate
Est payment: $1,369.17
Fees in APR: None
 
 
Next button
loanDepot Logo
NMLS # 174457
State Lic # MC174457
at 1.000 pts
30 day lock rate
Est payment: $1,369.17
Fees in APR: $195
 
 
Next button
Discover Home Loans, Inc Logo
NMLS # 837915
at 0.750 pts
40 day lock rate
Est payment: $1,405.34
Fees in APR: $995
 
 
Next button
Close Your Own Loan.com Logo
NMLS # 690890
at 1.000 pts
30 day lock rate
Est payment: $1,380.20
Fees in APR: $1,545
 
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Eastern Bank
3.336%
8/20/2014
3.250%
at 0.000 pts
60 day lock rate
Est payment: $1,405.34
Fees in APR: $1,182
 
 
Middlesex Savings Bank
3.779%
8/20/2014
3.750%
at 0.000 pts
60 day lock rate
Est payment: $1,454.44
Fees in APR: $395
 
 
Citizens Bank of MA
3.489%
8/20/2014
3.375%
at 0.375 pts
60 day lock rate
Est payment: $1,417.52
Fees in APR: $808
 
 

Mortage Data Provided by Bankrate.com Many lenders have different rates on their own Websites than those posted on Bankrate.com. In order to get the Bankrate.com rate, please identify yourself as a Bankrate.com customer. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the lender you choose, please click here.

The rates above were collected by Bankrate.com on the dates specified. Rates are subject to change without notice and may vary from branch to branch. Rate/APR and terms may vary based on the creditworthiness of the individual and the extent to which the loan differs from the one used for Bankrate.com quotes. For criteria used in surveys of rates above, click here. These quotes are from banks, thrifts, and brokers, some of whom have paid for a link to their own Web site, where you can find additional information.





Worcester, MA Conforming Mortgage Rates

Conforming mortgage rates are rates on mortgages that meet the criteria set out by the Federal Housing Finance Agency. There are limits set for each county of Massachusetts. There are higher mortgage loan limits for designated high-cost areas, like on the coasts and in large cities.

Worcester, MA mortgages that “conform” to the standards set out by the Federal Housing Finance Agency can be purchased by Freddie Mac and Fannie Mae. This process guarantees banks are able to resell Worcester, MA mortgage loans that have been made. As a result, Worcester, MA mortgage rates today are lower than jumbo interest rates in Worcester, MA. Conforming mortgages and jumbo mortgages are available in terms of 40 years, 30 years, 25 years, 20 years, 15 years and 10 years.

Worcester, MA Super Conforming Home Loan Rates

Super conforming mortgages in Worcester, MA are mortgages that have higher mortgage loan amounts but still “conform” to the standards set by the Federal Housing Finance Agency. Super conforming mortgages are available for the higher cost housing areas like the coasts and in large cities.

Worcester, MA Jumbo Loan Interest Rates

Worcester, MA jumbo mortgage rates are rates for mortgage loans that have a dollar amount higher than conforming and super conforming loan amounts. Jumbo home loan rates in Worcester, MA are usually 0.75 basis points higher than conforming interest rates in Worcester, MA because there is no guarantee banks and credit unions can sell these mortgages after they make the loans.

Worcester, MA Fixed Rate Mortgages

Fixed rate mortgages are the most common mortgage available in Worcester, MA. The mortgage rate and the monthly payment stay the same for the entire life of the mortgage loan. This makes fixed rate mortgages the most stable and predictable for mortgagees.

Worcester, MA Adjustable Interest Rates

Worcester, MA adjustable mortgages have a fixed mortgage rate for a certain number of years and then the mortgage rate adjusts every year after the initial period. There are usually yearly caps and life time caps on how much the mortgage interest rate and fluctuate. Your monthly mortgage payment will be lower at first but can rise when mortgage rates rise. Adjustable mortgages are available in terms of 1 year, 3 years, 5 years, 7 years and 10 years.

Worcester, MA Interest Only Home Mortgage Rates

Worcester, MA interest only mortgages are mortgages that the borrower pays only the interest on the principal balance or a set period of time. After the initial period the mortgagee pays both interest and principal. Interest only (IO) mortgages were popular during the housing boom.

Worcester, MA FHA Mortgage Mortgage Rates

Borrowers in Worcester, MA must meet certain requirements established by FHA to qualify for a mortgage insured by the FHA. FHA mortgage interest rates in Worcester, MA are usually lower than conforming mortgage interest rates because mortgage lenders bear less risk because FHA will pay the lender if a homeowner defaults on his or her mortgage loan.


Google Map for Worcester, MA Rates & Resources


Worcester FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

Bank of America, National Association

3510 116 Millbury Street, Worcester, MA 01610

Bank of America, National Association

3510 255 Park Avenue, Worcester, MA 01609

Bank of America, National Association

3510 29 West Boylston Street, Worcester, MA 01605

Bank of America, National Association

3510 348 Greenwood Street, Worcester, MA 01607

Bank of America, National Association

3510 365 Main Street, Worcester, MA 01608

Bank of America, National Association

3510 638 Chandler Street, Worcester, MA 01602

Bank of America, National Association

3510 651 Park Avenue, Worcester, MA 01603

Bank of America, National Association

3510 945 Grafton Street, Worcester, MA 01604

Bank of America, National Association

3510 College Of The Holy Cross, Worcester, MA 01610

Bay State Savings Bank

90311 2 Eastern Avenue, Worcester, MA 01608

Bay State Savings Bank

90311 275 Mill Street, Worcester, MA 01602

Bay State Savings Bank

90311 28 Franklin Street, Worcester, MA 01608

Bay State Savings Bank

90311 374-378 Burncoat Street, Worcester, MA 01606

Bay State Savings Bank

90311 799 Grafton Streeet, Worcester, MA 01608

Commerce Bank & Trust Company

17484 11 Park Avenue, Worcester, MA 01605

Commerce Bank & Trust Company

17484 386 Main Street, Worcester, MA 01608

Commerce Bank & Trust Company

17484 404 Main Street, Worcester, MA 01608

Commerce Bank & Trust Company

17484 560 Park Avenue, Worcester, MA 01603

Commerce Bank & Trust Company

17484 993 Grafton Street, Worcester, MA 01604

Fidelity Co-operative Bank

26451 465 Shrewsbury Street, Worcester, MA 01604

RBS Citizens, National Association

57957 50 Cambridge Street, Worcester, MA 01603

RBS Citizens, National Association

57957 541a Lincoln Street, Worcester, MA 01605

RBS Citizens, National Association

57957 940 West Boylston Street, Worcester, MA 01606

RBS Citizens, National Association

57957 949 Grafton Street, Worcester, MA 01604

Southbridge Savings Bank

23524 70 West Boylston Street, Worcester, MA 01606

TD Bank, National Association

18409 1227 Main Street, Worcester, MA 01603

TD Bank, National Association

18409 295 Park Avenue, Worcester, MA 01609

TD Bank, National Association

18409 370 Main Street, Worcester, MA 01608

TD Bank, National Association

18409 430 West Boylston Street, Worcester, MA 01606

TD Bank, National Association

18409 50 Southwest Cutoff, Rt 20, Worcester, MA 01604

TD Bank, National Association

18409 500 Grafton Street, Worcester, MA 01604

Webster Five Cents Savings Bank

90297 200 Commercial Street, Worcester, MA 01608

Webster Five Cents Savings Bank

90297 278 Park Avenue, Worcester, MA 01609

Webster Five Cents Savings Bank

90297 349 Grafton Street, Worcester, MA 01604