Massachusetts Mortgage Rates January 2021

Massachusetts Mortgage Rates - Refinance Rates:

Search and compare mortgage rates and refinance rates in Massachusetts. Our rate table has a list of Massachusetts mortgage 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 in Massachusetts you need to first have an understanding of the types of mortgages available and their corresponding interest rates. Types of rates available in Massachusetts 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 Massachusetts listed below.

Loan Type Purchase    Refinance	Location State/City    Zip Code		Loan Amt	Points	FICO	% Down
30 year fixed refi 15 year fixed refi 10 year fixed refi 20 year fixed refi 5 year ARM refi 7 year ARM refi 10 year ARM refi 3 year ARM refi 5 year ARM refi I/O 7 year ARM refi I/O 3 year ARM refi I/O	AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY    Amherst Barnstable-Yarmouth Boston Cambridge Chelmsford Chestnut Hill Lowell Methuen New Bedford Norfolk-Norwood Northampton Pittsfield-Lenox Plymouth Springfield Taunton-Attleboro Williamstown Worcester		$	All 0 0.1 - .5 .6 - 1 1.1 - 1.5 1.6 - 2 2.1 - 2.5 2.6 - 3	350 - 619 620 - 639 640 - 659 660 - 679 680 - 699 700 - 719 720 - 739 740 - 850	5% 10% 15% 20% 25% 30% 40%

in 02118, All points, 740    Sort by: Default Lender APR Rate Fees in APR Payment Points

Lender

APR

Rate

Cost & Fees

Notes

 

PERIOD_FIXED_30YEARS Mortgage Loan from Beeline Loans, Inc.

Beeline Loans, Inc.

https:https://mortgagerates.icanbuy.com/images/lenderslogos/112472.gif

300000

Purchase

2.698%

2.625%

USD

NMLS # 1799947

2.698%

01/16/2021

2.625%

at 1.000 pts
45 day lock rate

Est payment: $1,205

Fees in APR: $2,853

Beeline is the shortest possible path to a new home or an effortless refi.

 

Next

PERIOD_FIXED_30YEARS Mortgage Loan from Beeline Loans, Inc.

Beeline Loans, Inc.

https:https://mortgagerates.icanbuy.com/images/lenderslogos/112472.gif

300000

Purchase

2.760%

2.750%

USD

NMLS # 1799947

2.760%

01/16/2021

2.750%

at 0.125 pts
45 day lock rate

Est payment: $1,225

Fees in APR: $396

Beeline is the shortest possible path to a new home or an effortless refi.

 

Next

PERIOD_FIXED_30YEARS Mortgage Loan from Beeline Loans, Inc.

Beeline Loans, Inc.

https:https://mortgagerates.icanbuy.com/images/lenderslogos/112472.gif

300000

Purchase

2.875%

2.875%

USD

NMLS # 1799947

2.875%

01/16/2021

2.875%

at -0.500 pts
45 day lock rate

Est payment: $1,245

Fees in APR: ($1,500)

Beeline is the shortest possible path to a new home or an effortless refi.

 

Next

PERIOD_FIXED_30YEARS Mortgage Loan from Figure Lending LLC

Figure Lending LLC

https:https://mortgagerates.icanbuy.com/images/lenderslogos/112490.gif

300000

Purchase

2.576%

2.375%

USD

NMLS # 1717824

2.576%

01/16/2021

2.375%

at 2.000 pts
30 day lock rate

Est payment: $1,166

Fees in APR: $8,550

Put your money where you need it sooner.

 

Next

PERIOD_FIXED_30YEARS Mortgage Loan from Figure Lending LLC

Figure Lending LLC

https:https://mortgagerates.icanbuy.com/images/lenderslogos/112504.gif

300000

Purchase

USD

NMLS # 1717824

0.000%

01/16/2021

0.000%

at 0.000 pts
0 day lock rate

Est payment:

Fees in APR:

Apply online in minutes and close in days, not months.

 

Next

PERIOD_FIXED_30YEARS Mortgage Loan from Beeline Loans, Inc.

Beeline Loans, Inc.

https:https://mortgagerates.icanbuy.com/images/lenderslogos/112472.gif

300000

Purchase

2.616%

2.500%

USD

NMLS # 1799947

2.616%

01/16/2021

2.500%

at 1.500 pts
45 day lock rate

Est payment: $1,186

Fees in APR: $4,626

Beeline is the shortest possible path to a new home or an effortless refi.

 

Next

PERIOD_FIXED_30YEARS Mortgage Loan from Beeline Loans, Inc.

Beeline Loans, Inc.

https:https://mortgagerates.icanbuy.com/images/lenderslogos/112472.gif

300000

Purchase

2.540%

2.375%

USD

NMLS # 1799947

2.540%

01/16/2021

2.375%

at 2.250 pts
45 day lock rate

Est payment: $1,166

Fees in APR: $6,600

Beeline is the shortest possible path to a new home or an effortless refi.

 

Next

PERIOD_FIXED_30YEARS Mortgage Loan from Beeline Loans, Inc.

Beeline Loans, Inc.

https:https://mortgagerates.icanbuy.com/images/lenderslogos/112472.gif

300000

Purchase

2.760%

2.750%

USD

NMLS # 1799947

2.760%

01/16/2021

2.750%

at 0.125 pts
45 day lock rate

Est payment: $1,225

Fees in APR: $396

Beeline is the shortest possible path to a new home or an effortless refi.

 

Next

PERIOD_FIXED_30YEARS Mortgage Loan from Beeline Loans, Inc.

Beeline Loans, Inc.

https:https://mortgagerates.icanbuy.com/images/lenderslogos/112472.gif

300000

Purchase

2.875%

2.875%

USD

NMLS # 1799947

2.875%

01/16/2021

2.875%

at -0.500 pts
45 day lock rate

Est payment: $1,245

Fees in APR: ($1,500)

Beeline is the shortest possible path to a new home or an effortless refi.

 

Next

PERIOD_FIXED_30YEARS Mortgage Loan from Figure Lending LLC

Figure Lending LLC

https:https://mortgagerates.icanbuy.com/images/lenderslogos/112490.gif

300000

Purchase

2.803%

2.750%

USD

NMLS # 1717824

2.803%

01/16/2021

2.750%

at 0.000 pts
30 day lock rate

Est payment: $1,225

Fees in APR: $2,550

Put your money where you need it sooner.

 

Next

PERIOD_FIXED_30YEARS Mortgage Loan from Beeline Loans, Inc.

Beeline Loans, Inc.

https:https://mortgagerates.icanbuy.com/images/lenderslogos/112472.gif

300000

Purchase

2.698%

2.625%

USD

NMLS # 1799947

2.698%

01/16/2021

2.625%

at 1.000 pts
45 day lock rate

Est payment: $1,205

Fees in APR: $2,853

Beeline is the shortest possible path to a new home or an effortless refi.

 

Next

PERIOD_FIXED_30YEARS Mortgage Loan from Figure Lending LLC

Figure Lending LLC

https:https://mortgagerates.icanbuy.com/images/lenderslogos/112490.gif

300000

Purchase

2.627%

2.500%

USD

NMLS # 1717824

2.627%

01/16/2021

2.500%

at 1.000 pts
30 day lock rate

Est payment: $1,186

Fees in APR: $5,550

Put your money where you need it sooner.

 

Next

Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.

Massachusetts 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.

Massachusetts 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 Massachusetts mortgage loans that have been made. As a result, Massachusetts mortgage rates today are lower than jumbo interest rates in Massachusetts. Conforming mortgages and jumbo mortgages are available in terms of 40 years, 30 years, 25 years, 20 years, 15 years and 10 years.

Massachusetts Super Conforming Home Loan Rates

Super conforming mortgages in Massachusetts 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.

Massachusetts Jumbo Loan Interest Rates

Massachusetts 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 Massachusetts are usually 0.75 basis points higher than conforming mortgage rates in Massachusetts because there is no guarantee banks and credit unions can sell these mortgages after they make the loans.

Massachusetts Fixed Rate Mortgages

Fixed rate mortgages are the most common mortgage available in Massachusetts. 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.

Massachusetts Adjustable Interest Rates

Massachusetts 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.

Massachusetts Interest Only Home Mortgage Rates

Massachusetts 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.

Massachusetts FHA Mortgage Mortgage Rates

Borrowers in Massachusetts must meet certain requirements established by FHA to qualify for a mortgage insured by the FHA. FHA mortgage interest rates in Massachusetts 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.

Cities in Massachusetts