Massachusetts Mortgage Rates (2026)

Current average mortgage rates, median home prices, and top lenders in Massachusetts. Rates apply to primary residence purchases with good credit (740+).

30yr Fixed

6.95%

Avg APR

15yr Fixed

6.35%

Avg APR

Median Price

$570,000

Median home

Monthly P&I

$3,040

30yr at 80% LTV

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Top Mortgage Lenders in Massachusetts

1

Rocket Mortgage

Online convenience

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30yr Fixed

7%

15yr Fixed

6.4%

Min Down

3%

2

Chase

Existing customers

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30yr Fixed

6.9%

15yr Fixed

6.3%

Min Down

3%

3

Wells Fargo

Branch access

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30yr Fixed

7.1%

15yr Fixed

6.5%

Min Down

3%

4

Bank of America

Preferred Rewards

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30yr Fixed

7%

15yr Fixed

6.4%

Min Down

3%

5

loanDepot

Low down payment

Get Rate

30yr Fixed

6.9%

15yr Fixed

6.3%

Min Down

3%

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First-Time Buyer Programs in Massachusetts

  • MassHousing Mortgage
  • ONE Mortgage Program
  • MassHousing Down Payment Assistance

Mortgage Requirements in Massachusetts

  • Min 640 credit score
  • Income limits apply for state programs
  • DTI under 45%

Massachusetts Housing Market Facts

Boston metro is one of the most competitive real estate markets nationally.
Massachusetts has a strong first-time buyer program via ONE Mortgage.
Transfer tax is typically 0.456% of purchase price.

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Compare Mortgage Rates in Other States