Massachusetts Mortgage and Refinance Rates

Written by Refi.com Team

Updated October 3, 2023

Massachusetts
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» MORE: Compare top mortgage refinancing lenders

Current Massachusetts Mortgage Rates

Average market rates for 10-04-2023 in Massachusetts are 7.329% for 30 Year Fixed Purchase and 7.427% for 30 Year Fixed Refinance

DateProductRate
10-04-202330 Year Fixed Purchase7.329%
10-04-202330 Year Fixed Refinance7.427%

Massachusetts Purchase Rates

DateProductRate
10-04-202315 Year Fixed Purchase6.543%
10-04-202315 Year fixed Jumbo Purchase6.584%
10-04-202330 Year Fixed Purchase7.329%
10-04-202330 Year Fixed Jumbo Purchase7.534%

Massachusetts Refinance Rates

DateProductRate
10-04-202315 Year Fixed Refinance6.536%
10-04-202315 Year fixed Jumbo Refinance6.567%
10-04-202330 Year Fixed Refinance7.427%
10-04-202330 Year Fixed Jumbo Refinance7.572%

Massachusetts ARM Rates

DateProductRate
10-04-20235/6 ARM SOFR Purchase7.075%
10-04-20235/6 ARM SOFR Refinance6.994%
10-04-20235/6 ARM Jumbo SOFR Purchase6.519%
10-04-20235/6 ARM Jumbo SOFR Refinance6.519%

How we source rates and rate trends

» MORE: Check your 2023 home refinance eligibility

Most Common Mortgage Types in Massachusetts

  • Conventional: 59,332 loans
  • FHA: 7,699 loans
  • USDA: 86 loans
  • VA: 2,008 loans

» MORE: See today’s refinance rates

Top Purchase Lenders in Massachusetts by Volume

  • Guaranteed Rate, Inc.: 3,938 loans
  • Fairway Independent Mortgage Corporation: 3,238 loans
  • Leader Bank: 2,860 loans
  • Crosscountry Mortgage, LLC: 2,563 loans
  • Guild Mortgage Company LLC: 1,833 loans
  • Rocket Mortgage, LLC: 1,808 loans
  • Citizens Bank: 1,607 loans
  • First Republic Bank: 1,594 loans
  • The Cape Cod Five Cents Savings Bank: 1,430 loans
  • Mortgage Network, Inc.: 1,271 loans

» MORE: Find competitive mortgage rates near you

Top Refinance Lenders in Massachusetts by Volume

  • Citizens Bank: 3,812 loans
  • Eastern Bank: 1,057 loans
  • Bank Of America: 844 loans
  • Rocket Mortgage, LLC: 747 loans
  • Rockland Trust Company: 697 loans
  • Td Bank: 522 loans
  • Guaranteed Rate, Inc.: 366 loans
  • Loandepot.com, LLC: 361 loans
  • Institution For Savings In Newburyport And Its Vicinity: 357 loans
  • Hanscom Federal Credit Union: 340 loans

Top Cash-Out Refinance Lenders in Massachusetts by Volume

  • Rocket Mortgage, LLC: 3,686 loans
  • Loandepot.com, LLC: 1,215 loans
  • Nationstar Mortgage LLC: 921 loans
  • The Cape Cod Five Cents Savings Bank: 747 loans
  • Citizens Bank: 563 loans
  • Guaranteed Rate, Inc.: 540 loans
  • Freedom Mortgage Corporation: 517 loans
  • Wells Fargo Bank: 514 loans
  • Digital: 505 loans
  • Pennymac Loan Services, LLC: 485 loans

How we source lender data

Refi.com Team

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