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Dodge monthly mortgage insurance premiums (PMI) completely and secure the standard conventional baseline.
Explore programs requiring as little as 3% down conventional or 3.5% FHA, helping you buy sooner.
Optimize your existing debt service, lower your interest rate, or secure cash-out equity restructure.
Department of Veterans Affairs purchase loans offering 0% down payment and no monthly PMI for military.
Lock in lower interest rates with a 15-year fixed loan term to build massive equity quickly.
Finance non-owner occupied rental acquisitions or multi-unit house hacking with competitive investor pricing.
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Current Local Mortgage Rates
Sorted by lowest conforming purchase rate
Requires veteran or military eligibility
Loan amount is under conforming limits
| Loan Program | Today's Rate / APR | Points | Est. Payment | Action |
|---|---|---|---|---|
| Conventional 30-Yr FixedConforming | 6.840%APR 6.874% | 0 pts$0 | $4,060/moP&I $4,060 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 5.975%APR 6.743% | 0 pts$0 | $4,063/moP&I $3,774 · MI $289 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 5.893%APR 5.941% | 0 pts$0 | $3,676/moP&I $3,676 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 6.579%APR 6.614% | 0 pts$0 | $3,953/moP&I $3,953 · MI $0 | See details |
| Investment Property FixedConforming | 7.532%APR 7.571% | 0 pts$0 | $4,351/moP&I $4,351 · MI $0 | See details |
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Compare all 26 pre-computed scenario benchmarks
Scenario Program | Down Pct | Credit score | Today's Rate | APR | Points | P&I Payment | 3-Yr Metric Cost |
|---|---|---|---|---|---|---|---|
15-Year Conforming Purchase | 20% | 740 credit score | 5.893% | 5.941% | 0 pts ($0) | $5,199/mo | $102,616 |
15-Year Rate/Term Refi | 0% | 740 credit score | 5.996% | 6.049% | 0 pts ($0) | $6,541/mo | $145,702 |
Condo 10% Down | 10% | 720 credit score | 7.049% | 7.213% | 0 pts ($0) | $4,666/mo | $163,122 |
Conventional 10% Down | 10% | 720 credit score | 6.528% | 6.681% | 0 pts ($0) | $4,424/mo | $152,169 |
Conventional 20% Down | 20% | 740 credit score | 6.840% | 6.874% | 0 pts ($0) | $4,060/mo | $125,272 |
Conventional 5% Down | 5% | 700 credit score | 6.965% | 7.441% | 0 pts ($0) | $4,883/mo | $170,319 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.283% | 7.320% | 0 pts ($0) | $5,307/mo | $182,066 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $4,588/mo | $155,464 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.740% | 7.112% | 0 pts ($0) | $4,873/mo | $175,575 |
Conventional Rate/Term Refi | 0% | 740 credit score | 6.579% | 6.614% | 0 pts ($0) | $4,941/mo | $165,615 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $6,398/mo | $152,550 |
FHA 3.5% Down | 3.5% | 680 credit score | 5.975% | 6.743% | 0 pts ($0) | $4,552/mo | $159,594 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $4,698/mo | $164,458 |
FHA Streamline Refi | 0% | 640 credit score | 6.104% | 6.874% | 0 pts ($0) | $4,783/mo | $168,441 |
House Hacking Conforming 5% | 5% | 680 credit score | 6.938% | 7.179% | 0 pts ($0) | $4,870/mo | $176,349 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $4,851/mo | $94,975 |
Investment Property 25% Down | 25% | 740 credit score | 7.532% | 7.571% | 0 pts ($0) | $4,079/mo | $129,579 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $4,179/mo | $130,601 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $4,509/mo | $138,241 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.344% | 7.118% | 0 pts ($0) | $4,734/mo | $168,040 |
Second Home 10% Down | 10% | 720 credit score | 5.983% | 6.555% | 0 pts ($0) | $4,176/mo | $140,730 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $4,079/mo | $126,095 |
VA 0% Down | 0% | 700 credit score | 5.966% | 6.207% | 0 pts ($0) | $4,731/mo | $155,798 |
VA Cash-Out Refi | 0% | 640 credit score | 5.973% | 6.338% | 0 pts ($0) | $4,735/mo | $155,964 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 5.987% | 6.137% | 0 pts ($0) | $4,742/mo | $156,297 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $4,267/mo | $134,979 |
Frequently Asked Questions
What are today's mortgage rates in 01259, , MA across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in 01259, , MA is 6.840% (with an estimated monthly payment of $3,038). Active program rates also include FHA 30-year fixed loans at 5.975% and VA 0%-down fixed loans at 5.966%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in 01259, , MA?
Mortgage rates have shown typical daily fluctuations driven by inflation data and bond yields. Over the past 90 days, conventional 30-year fixed rates in 01259, , MA have fluctuated between a low of 6.461% and a high of 6.921%. You can track these daily movements by using the 90-day rate history and trajectory chart featured on this page.
Is an FHA or Conventional loan more cost-effective in 01259, , MA?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $775,368 in 01259, , MA, a standard 20%-down Conventional loan requires an upfront cash down payment of $155,074 but keeps your monthly payment lower at $3,038/mo (at 6.840% interest) with no monthly PMI. In comparison, an FHA loan requires only $27,138 (3.5% down) but has an estimated payment of $3,293/mo (at 5.975% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $748,230 falls comfortably within the local HUD FHA loan limit of $891,673 (1-unit), making FHA financing an exceptionally accessible, high-leverage entry point into the market.
What is the maximum conforming loan limit in 01259 before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in 01259 is $806,501. With a typical local home value of $775,368 in , a standard 20%-down mortgage requires a loan size of $620,294. Because this is within the $806,501 conforming threshold, buyers can easily qualify for standard conforming conventional financing with competitive rates.
How does the median home value in 01259, , MA impact estimated mortgage payments?
The median home value in 01259, , MA is estimated at $775,368. Buying a typical home here with a standard 20% down payment ($155,074) translates to an estimated starting monthly mortgage payment of $3,038 (principal and interest). Compared to the local area median household income of $117,188 ($9,766/mo), this basic housing payment represents approximately 31.1% of gross monthly household income. This housing cost is well within standard lender affordability guidelines (under the 36% DTI benchmark), demonstrating healthy local purchasing power.