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FHA Mortgage Rates in Massachusetts

PRODUCTS RATES +/-
30 Year Fixed 3.00%
15 Year Fixed 2.56%
5/1 ARM 4.56%
Thursday, April 25, 2024

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Mortgage rates for Massachusetts go down to 3.00%

Thursday, April 25, 2024

Mortgage rates for Massachusetts on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Massachusetts is now at 4.56%.

FHA Mortgage Rates & Loan Limits in Massachusetts

An FHA mortgage loan is a home loan insured by the Federal Housing Administration, acquired through FHA-approved lenders. When buying a home in Massachusetts, FHA loans can provide you with the funds you need with minimal qualification.

Originally created to make home loans more accessible, FHA mortgages have low credit requirements, low down payment options, and some of the best mortgage rates available. Loan limits for FHA mortgages are determined by local housing prices and differ by county in Massachusetts. When deciding on a mortgage, remember to practice patience and persistence. Always set aside time to compare rates and lenders, rather than accepting the first offer presented. For more information, check out our main page on FHA mortgage rates.

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