You searched for Massachusetts
SEARCH RESULTS FOR ' Massachusetts '

Massachusetts Fixed Mortgage Rates

img Massachusetts Average img National High img National Low img
Loan Type Base Rate APY Points Base Rate APY Points Base Rate APY Points
5.250 5.375 0.125 6.500 6.375 0.125 3.875 4.125 2.125
Calculate New Payment

No SSN Required

4.375 4.399 N/A 6.625 6.500 0.000 3.750 4.000 2.125
4.500 4.625 0.125 6.125 6.125 0.125 3.375 3.750 2.125
3.875 4.000 1.375 6.000 6.125 0.000 3.250 3.750 2.000

Massachusetts Adjustable Mortgage Rates

img Massachusetts Average img National High img National Low img
Loan Type Base Rate APY Points Base Rate APY Points Base Rate APY Points
4.625 4.143 N/A 4.750 4.177 0.000 3.625 3.733 3.250
Calculate New Payment

No SSN Required

3.750 3.875 3.500 7.000 4.875 0.000 2.750 0.750 3.101
3.375 3.375 2.625 6.500 4.500 0.000 2.375 3.125 2.375
3.000 3.250 0.000 6.125 4.125 0.125 2.500 3.250 1.125
2.375 3.000 0.125 8.000 3.625 2.000 2.375 3.000 0.125
Compare Mortgage Rates for

Mortgage Rates at 4.25%*

  • $150,000 loan for under $867/month
  • $225,000 loan for under $1,301/month
  • $350,000 loan for under $2,023/month
 

Get up to 4 free mortgage quotes

  • Over 400 lenders compete
  • No Social Security Number required
  • No credit check and no obligation
-
Type of Loan
Home Description
Your Credit Profile

(Your Credit Will Not Be Run)

National vs Massachusetts 10/1 ARM Mortgage Monthly Payments

Loan Amount img Massachusetts Average img National High img National Low img  
Calculate New Payment

No SSN Required

$771.21                      $782.47                      $684.08                     
$874.04                      $886.80                      $775.29                     
$2,107.97                      $2,138.75                      $1,869.81                     

National vs Massachusetts 30-yr. fixed Mortgage Monthly Payments

Loan Amount img Massachusetts Average img National High img National Low img  
Calculate New Payment

No SSN Required

$748.93                      $960.47                      $694.67                     
$848.78                      $1,088.53                      $787.30                     
$2,047.07                      $2,625.27                      $1,898.77                     

National vs Massachusetts 15-yr. fixed Mortgage Monthly Payments

Loan Amount img Massachusetts Average img National High img National Low img  
Calculate New Payment

No SSN Required

$1,100.16                      $1,265.79                      $1,054.00                     
$1,246.85                      $1,434.56                      $1,194.54                     
$3,007.10                      $3,459.81                      $2,880.94                     

National vs Massachusetts 5/1 ARM Mortgage Monthly Payments

Loan Amount img Massachusetts Average img National High img National Low img  
Calculate New Payment

No SSN Required

$663.14                      $948.10                      $582.98                     
$751.56                      $1,074.52                      $660.71                     
$1,812.59                      $2,591.48                      $1,593.48                     

National vs Massachusetts 3/1 ARM Mortgage Monthly Payments

Loan Amount img Massachusetts Average img National High img National Low img  
Calculate New Payment

No SSN Required

$632.41                      $911.42                      $592.68                     
$716.73                      $1,032.94                      $671.71                     
$1,728.58                      $2,491.20                      $1,620.00                     

National vs Massachusetts 1-yr. ARM Mortgage Monthly Payments

Loan Amount img Massachusetts Average img National High img National Low img  
Calculate New Payment

No SSN Required

$582.98                      $1,100.65                      $582.98                     
$660.71                      $1,247.40                      $660.71                     
$1,593.48                      $3,008.43                      $1,593.48                     
Source: Citizen Information Service - Mar 31, 2009

Compare Mortgage Rates

One simple form and get up to 4 free quotes.

Average Rates

15-yr fixed*

3.875%

30-yr fixed*

4.375%

There are several reasons to refinance your home:

  • To lower the interest rate on your mortgage, reducing your monthly payments and overall cost;
  • To reduce the term or length of your loan, doing so can save you thousands of dollars in interest;
  • To provide a means of consolidating your debt.

All of these are excellent reasons to pursue refinancing, but several issues should be considered first.

Refinancing is similar to the process you encountered when you closed on your first mortgage. It requires an application, credit check, new survey and title search, as well as an appraisal and inspection fees. As you know, this process can be quite lengthy and expensive.

As a rule of thumb, it pays to refinance if you can get an interest rate at least two percentage points lower than what you are currently paying. However, every situation is different. Some lenders* are offering reduced fees or no points. Asking yourself a few questions may help you determine if you can save money:

  • How much can I lower my current monthly payment?
  • How long do I plan to stay in the house after I refinance?
  • How much will I pay in refinancing costs?

Next, figure out what you still owe on the house, how much you're paying each month, and how much you initially paid for the house. Itemize all the expenses of the refinance and estimate your new monthly payments. With this, you can figure out where you break even and when you begin saving money.

Home Repairs: Massachusetts

The programs and resources listed below help homeowners with home repairs and improvements.

  • MassHousing - home improvement, septic system repair, and lead paint removal loans
  • Neighborhood Housing Services (NHS) - emergency repair grants and home improvement loans
  • Massachusetts Affiliates of Habitat for Humanity - through volunteer labor, builds houses for families in need
  • Rebuilding Together, Inc. - assists low-income, elderly and disabled homeowners with home repairs
  • Massachusetts Rehabilitation Commission - home modification loan program for persons with disabilities
  • Veterans Affairs Regional Loan Center - loans and grants to qualifying veterans to adapt existing dwelling to meet specific needs
  • USDA Rural Development Office - home improvement loans and grants to low-income homeowners in rural areas
  • Department of Public Health - lead poisoning prevention program
U.S. Department of Housing and Urban Development VeriSign

Copyright © 2005 - 2009 MortgageDebt.com. All rights reserved.

MortgageDebt.com is not a banker or lender (“Service Provider”). Leading Service Providers participate in our matching engine who may have loan products available matching the criteria you submit in this interest profile. The information collected is not an application for credit or a mortgage loan, nor is it used to pre-qualify you with any Service Provider. There is no cost to submit a loan request, get matched with lenders and receive loan offers. You may review the loan offers and talk to the lenders at no cost. Of course, the lender you choose may require a fee to continue processing your loan request, but until you agree to pay the lender a fee, you may stop at no cost. MortgageDebt.com does not charge you, the consumer, a fee for its services. MortgageDebt.com is not responsible for the accuracy of the rate, APR and loan information as it based on third-party research, consumer and broker surveys and other published information sources.

*Mortgage Rate of 4.25% is for qualified borrowers for a 10-year fixed rate mortgage to refinance an owner-occupied, one-unit, single family dwelling for a loan of $165,000 to $417,000 ($165,000 to $625,500 in Alaska and Hawaii). If you are contacted by a lender or broker advertising within our network, your quoted rate may be higher, depending on your property location, credit score, loan-to-value ratio, debt-to-income ratio, and other factors. Not available in all states. Not available for all credit types. Not all service providers in our network offer this or other products with fixed rate options.

**This advertised rate is for qualified borrowers for to refinance an owner-occupied, one-unit, single family dwelling for a loan of $150,000, $225,000 or $350,000 with a interest only monthly payment of $867, $1301 or $2023. This is an interest only adjustable rate that is fixed for the first 12 months then is subject to increase no more than 1% every 6 months thereafter (until rate has caught up to fully indexed rate). To be eligible for this program borrower must meet applicable credit requirements, including a FICO score of at least 620. MortgageDebt.com is not acting as a lender or broker. The information provided by you to MortgageDebt.com is not an application for a mortgage loan, nor is it used to pre-qualify you with any lender. If you are contacted by a lender or broker advertising within our network, your quoted rate may be higher, depending on your property location, credit score, loan-to-value ratio, debt-to-income ratio, and other factors. Not available in all states. Not available for all credit types.

Last Updated: September 07, 2010