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15 Year Fixed Mortgage Rates in Massachusetts

PRODUCTS RATES +/-
30 Year Fixed 3.00%
15 Year Fixed 2.56%
5/1 ARM 4.56%
Friday, June 14, 2024

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Mortgage rates for MA stayed at 3.00%

Friday, June 14, 2024

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

15 Year Fixed Mortgage Rate Explained

15 year fixed mortgage is a loan program where the monthly payment (principal and interest) of the loan does not change during the 15 year life of the loan. Like the 30 year, and the loan is "amortized" so that it will be completely paid off by the end of 15 years. Above you will find 15-year fixed refinance rates for national and local lenders in MA. 

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