| Massachusetts Rates | National Rates | |||||
| Fixed Mortgages | Today | +/- | Last Week | Today | +/- | Last Week |
| 10 yr Fixed | 4.75% | 4.55% | 4.68% | 4.56% | ||
| 15 yr Fixed | 4.83% | 4.83% | 4.8% | 4.85% | ||
| 20 yr Fixed | 5.68% | 5.55% | 5.62% | 5.57% | ||
| 30 yr FHA | 5.83% | 5.77% | 5.61% | 5.59% | ||
| 30 yr Fixed | 5.42% | 5.36% | 5.37% | 5.36% | ||
| 40 yr Fixed | 6.08% | 6.2% | 6.06% | 6.12% | ||
| Adjustable Rate Mortgages (ARM) | ||||||
| 1 yr ARM | 3.88% | 3.62% | 4.4% | 4% | ||
| 10/1 ARM | 4.92% | 5.81% | 4.91% | 6.09% | ||
| 3/1 ARM | 4.93% | 5.1% | 5.03% | 5.37% | ||
| 5/1 ARM | 4.49% | 4.46% | 4.46% | 4.45% | ||
| 7/1 ARM | 5.09% | 5.53% | 5.07% | 5.6% | ||
Chapter 1: What equity debt isBefore tapping into the equity in your home, become familiar with the way home equity loans work. more... |
Chapter 3: ApplyingThe keys to a great rate are your credit history, your income and the loan-to-value ratio. more... |
Chapter 2: Decisions, decisionsHome equity loans are available in two ways - as a fixed-rate loan or a variable-rate line of credit. Which one is best for your situation? more... |
Chapter 4: Watch Out!Tapping your home's equity can be risky. Know the loan rules, your home's value and your actual costs before closing the deal. more... |
Home Equity Loan Rates
|
Home Equity Line of Credit Rates
|
| Fixed Rates | Massachusetts Rates |
| 10 yr fixed | 4.74% |
| 15 yr fixed | 4.82% |
| 20 yr fixed | 5.75% |
| 30 yr FHA | 5.89% |
| 30 yr fixed | 5.44% |
| Adjustable Rates | |
| 1 yr ARM | 3.98% |
| 10/1 ARM | 4.86% |
| 3/1 ARM | 4.99% |
| 5/1 ARM | 4.44% |
| 7/1 ARM | 5.02% |
Making a mortgage payment earlier in the month will not result in big savings for one homeowner.
Each week, Bankrate.com surveys experts to gauge which way mortgage rates are headed.
Greg McBride explains why mortgage rates are at a historic low.
Tips for spotting the hidden debt that sinks home values: Is it lurking in your neighborhood?
Each week, Bankrate.com surveys experts to gauge which way mortgage rates are headed.
Tips for spotting the hidden debt that sinks home values: Is it lurking in your neighborhood?
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