Where are Boston condo mortgage rates?
Boston Condos for Sale and Apartments for Rent
Where are Boston condo mortgage rates?
- 30-year fixed-rate: Around 6.810% APR.
- 15-year fixed-rate: Around 5.821% APR.
- 5-year adjustable-rate mortgage (ARM): Around 6.989% APR.
Where are Boston condo mortgage rates?
June 13, 2025: The rate on a 30-year fixed refinance decreased to 6.82% today, according to the Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 5.75%, and for 20-year mortgages, the average is 6.61%.
Where are Boston condo mortgage rates?
June 10,2025: It’s been a bumpy few months for mortgage rates. Lingering inflation, the threat of a global trade war and growing recession worries have reduced affordable options for homebuyers.
The average 30-year fixed mortgage interest rate is 6.97% today, down -0.07% since one week ago. The average rate for a 15-year fixed mortgage is 6.09%, which is a decrease of -0.02% since last week.
Where are Boston condo mortgage rates?
Mortgage rates saw modest movement this week, with the national average 30-year fixed rate climbing to 7.00% as of June 4, 2025, according to Zillow. The 15-year fixed rate also rose to 6.00%, marking a slight increase as borrowers face a competitive lending landscape.
Current national mortgage rates
As of Wednesday, here’s where average rates stand:
- 30-year fixed: 7.00%
- 15-year fixed: 6.00%
- 5-year ARM: 7.14%
The 30-year fixed rate ticked up 3 basis points from the previous day and is now down just 1 basis point compared to last week’s 7.01%.
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Where are Boston condo mortgage rates?
May 27, 2025: Mortgage interest rates were mostly unchanged today. According to Zillow, the 30-year fixed mortgage rate wobbled by one basis point to 6.90%, while the 15-year fixed rate held steady at 6.11%.
Boston condos for sale
Where are Boston condo mortgage rates?
May 24, 2025: According to Zillow, today’s 30-year fixed mortgage rate is 6.94%, and the 15-year fixed rate is 6.09%.
Where are Boston condo mortgage rates?
May 23, 2025: Mortgage rates moved higher this week. According to Freddie Mac, the 30-year fixed interest rate is up five basis points to 6.86%, and the 15-year fixed rate stepped higher by nine basis points to 6.01%. It’s the third week of higher home loan rates
Where are Boston condo mortgage rates?
Updated May 21, 2025: The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, increased to 6.92% from 6.86%, with points rising to 0.69 from 0.68, including the origination fee, for loans with a 20% down payment. That rate was just 9 basis points lower the same week one year ago.
Where are Boston condo mortgage rates?
Updated May 20, 2025 – Most mortgage interest rates have ticked up again today. According to Zillow, the 30-year fixed mortgage rate has increased by eight basis points to 6.85%, while the 15-year fixed rate increased by four basis points to 6.07%.
Where are Boston condo mortgage rates?
Mortgage rates have increased on most term lengths today. According to Zillow, the average 30-year fixed rate has climbed by nine basis points to 6.70%, and the 15-year fixed rate is up five basis points to 6.95%. The 5/1 adjustable-rate mortgage (ARM) rate has risen by 15 basis points to 6.88%.
Updated: Boston Real Estate Blog – May 2025
Where are Boston condo mortgage rates?
Mortgage Refinance Rates Today
| Mortgage type | Average rate today |
| 30-year fixed refinance | 6.66% |
| 20-year fixed refinance | 6.15% |
| 15-year fixed refinance | 6.15% |
| 7/1 ARM refinance | 6.20% |
| 5/1 ARM refinance | 6.31% |
| 30-year FHA refinance | 5.75% |
| 30-year VA refinance | 6.62% |
Ford Realty Beacon Hill – Condo for Sale Office
Boston condos for sale – Ford Realty Inc
Updated: Boston Condos for Sale Blog 2025
Byline – John Ford Boston Beacon Hill Condo Broker 137 Charles St. Boston, MA 02114
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The 30-year, fixed-rate mortgage averaged 6.65% as of March 13, according to Freddie Mac. That’s up from 6.63% a week before but down from 6.74% a year earlier.
Mortgage Rates Predictions for 2025
Mortgage rates will continue to average above 6% next year, and home prices will keep rising, the Realtor.com® economic research team predicts in its new 2025 housing forecast.
The report forecasts that mortgage rates will average 6.3% across 2025 and end the year at 6.2%. That’s a leg down from the 6.7% average expected across 2024 by year-end, but still well above the 4% historical average recorded from 2013 to 2019.
Home prices will grow an additional 3.7% through next year, after rising 4% this year and 1.1% in 2023, the forecast indicates. Sales of previously owned homes are projected to tick up to 4.07 million, a 1.5% gain from this year, but still sluggish compared with the 2013–19 historical average of 5.28 million.
Mortgage rates continue to climb: 30-year loan at 6.50%
Freddie Mac points to reasons behind the increase
Today’s rates with no points
The Spring Selling Season could get a real boost if mortgage rates stay in the 5s.
The Fed has been telegraphing their intentions for months now, and at this point, there can’t be anyone who thinks the Fed won’t keep raising their Fed Funds rate – at least for their next two meetings. Mortgage lenders have to be pricing in the anticipated future increases, yes?
After some tepid inflation news last week, mortgage rates came down a 1/2%, and they have stayed there, which makes me think that there was already too much buffer priced in – and there has to be some extra left knowing that the Fed has more work to do.
But just in case, go out and buy a house today so you can get a 5-something rate!
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As of Friday, September 16, 2022, current rates in Massachusetts are 6.03% for a 30-year fixed and 5.31% for a 15-year fixed.
Where are Boston condo mortgage rates?
The average long-term U.S. mortgage rates rose this week for Boston condo buyers, as inflation worries remained at the forefront.
Boston Condo Buyers 30-year Mortgage
For Boston condo buyers the 30-year mortgage rate increased to 5.55% from 5.13% last week. Last year at this time, the rate stood at 2.87%.
Boston Condo 15-year Mortgage
The average rate on 15-year, fixed-rate mortgages, popular among those looking to refinance their Boston home, jumped to 4.85% from 4.55% last week.
Rapidly rising interest rates — which add hundreds of dollars to monthly mortgage payments — have pushed many potential Boston property buyers to the sideline this year, cooling the once red-hot housing market both locally and nationally.
The National Association of Realtors
The National Association of Realtors said last week that existing home sales fell for the sixth consecutive month in July, slowed by higher mortgage rates and home prices that are still steadily rising, though at a slower pace.
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