What people paid for mortgages in Essex County, MA (2025)
Across 5,768 closed home-purchase loans in 2025, the median interest rate in Essex was 6.49%, and the middle half of borrowers got between 6.125% and 6.75%. Median total loan costs ran $5,575 on a median loan of $545,000. Source: federal HMDA filings on first-lien, owner-occupied loans.
Home purchase
- Median rate
- 6.49%
- Middle half of rates
- 6.125%–6.75%
- Median total loan costs
- $5,575
- Median loan amount
- $545,000
5,768 loans, 2025.
Refinance
- Median rate
- 6.25%
- Middle half of rates
- 5.99%–6.75%
- Median total loan costs
- $5,445
- Median loan amount
- $465,000
2,742 loans, 2025.
Lowest median rates in Essex (2025)
The lenders whose own closed loans had the lowest median interest rate here, among lenders with enough local volume for the median to mean something. A low median is a reason to include that lender when you collect Loan Estimates; it is not a promise about the rate you will be quoted. An independent mortgage broker can pull quotes from several lenders at once on one application.
Home purchase
- 1.Manufacturers and Traders Trust Company5.75%101 loans, median costs $5,967
- 2.Eastern Bank6%55 loans, median costs $4,719
- 3.Bank of America, National Association6.125%59 loans, median costs $5,579
- 4.Fall River Five Cents Savings Bank6.125%52 loans, median costs $11,746
- 5.Cambridge Savings Bank6.125%47 loans, median costs $4,304
Among lenders with at least 30 closed purchase loans in Essex County in 2025.
Refinance
- 1.Manufacturers and Traders Trust Company5.875%37 loans, median costs $5,067
- 2.Bank of America, National Association5.99%50 loans, median costs $3,752
- 3.PENNYMAC LOAN SERVICES, LLC5.99%49 loans, median costs $13,617
- 4.Salem Five Cents Savings Bank5.99%41 loans, median costs n/a
- 5.bankESB6%33 loans, median costs $3,129
Among lenders with at least 30 closed refinance loans in Essex County in 2025.
Lender by lender in Essex
Every lender that closed at least 5 qualifying loans in Essex County in 2025, sorted by loan count. The # column is the lender's rank here by closed loans for the selected purpose. Median origination is the lender's own charges (Loan Estimate section A); median points is the discount-points portion. Lenders marked "broker only" fund loans through independent mortgage brokers rather than taking applications directly.
| # | Lender | Loans | Median rate | Median total costs | Median origination | Median points |
|---|---|---|---|---|---|---|
| 1 | GUARANTEED RATE, INC. | 547 | 6.5% | $6,137 | $1,640 | $2,608 |
| 2 | CROSSCOUNTRY MORTGAGE, INC. | 465 | 6.75% | $5,835 | $1,690 | $3,324 |
| 3 | Leader Bank, National Association | 376 | 6.375% | $4,978 | $1,499 | $1,568 |
| 4 | SALEM FIVE MORTGAGE COMPANY, LLC | 324 | 6.25% | $4,725 | $1,295 | $1,931 |
| 5 | UNITED SHORE FINANCIAL SERVICES, LLCbroker only | 278 | 6.505% | $8,127 | $2,395 | $1,693 |
| 6 | Institution for Savings in Newburyport and Its Vicinity | 223 | 6.25% | $4,570 | $1,200 | $9,800 |
| 7 | Rocket Mortgage, LLC | 154 | 6.5% | $6,527 | $2,634 | $4,780 |
| 8 | TOTAL MORTGAGE SERVICES, LLC | 131 | 6.625% | $7,826 | $1,985 | $5,966 |
| 9 | MOVEMENT MORTGAGE, LLC | 118 | 6.562% | $5,336 | $1,745 | $2,298 |
| 10 | CMG MORTGAGE, INC. | 114 | 6.625% | $6,492 | $1,920 | $2,481 |
| 11 | AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | 103 | 6.625% | $16,303 | $4,765 | $5,318 |
| 12 | NEW FED MORTGAGE, CORP. | 103 | 6.625% | $6,441 | $1,599 | $1,425 |
| 13 | MORTGAGE EQUITY PARTNERS LLC | 101 | 6.5% | $8,318 | $2,822 | $3,994 |
| 14 | Manufacturers and Traders Trust Company | 101 | 5.75% | $5,967 | $1,500 | $4,560 |
| 15 | Fairway Independent Mortgage Corporation | 87 | 6.625% | $5,279 | $1,633 | $2,694 |
| 16 | GUILD MORTGAGE COMPANY | 84 | 6.5% | $5,427 | $1,783 | $5,597 |
| 17 | MSA MORTGAGE, LLC | 79 | 6.25% | $6,685 | $2,402 | $1,398 |
| 18 | bankESB | 74 | 6.188% | $4,308 | $899 | $1,480 |
| 19 | Citizens Bank, National Association | 74 | 6.5% | $7,455 | $1,350 | $2,338 |
| 20 | Broker Solutions, Inc. | 66 | 6.75% | $5,760 | $1,629 | $2,591 |
| 21 | GUARANTEED RATE AFFINITY, LLC | 60 | 6.55% | $5,801 | $1,754 | $1,193 |
| 22 | Bank of America, National Association | 59 | 6.125% | $5,579 | $1,590 | $2,444 |
| 23 | JPMorgan Chase Bank, National Association | 58 | 6.375% | $4,556 | $1,399 | $1,897 |
| 24 | Rockland Trust Company | 55 | 6.25% | $5,005 | $1,450 | $2,305 |
| 25 | Eastern Bank | 55 | 6% | $4,719 | $1,345 | $2,926 |
| 26 | Fall River Five Cents Savings Bank | 52 | 6.125% | $11,746 | $1,873 | $9,681 |
| 27 | PRIMELENDING, A PLAINSCAPITAL COMPANY | 47 | 6.625% | $10,249 | $1,475 | $3,317 |
| 28 | Cambridge Savings Bank | 47 | 6.125% | $4,304 | $1,295 | $715 |
| 29 | Loandepot.Com, LLC | 42 | 6.625% | $5,637 | $1,706 | $1,513 |
| 30 | EMM LOANS LLC | 40 | 6.875% | $6,963 | $2,370 | $2,599 |
| 31 | Mortgage Research Center, LLC | 39 | 6.25% | $6,552 | $1,599 | $1,002 |
| 32 | Newburyport Five Cents Savings Bank | 39 | n/a | n/a | n/a | n/a |
| 33 | Cape Ann Savings Bank | 39 | n/a | n/a | n/a | n/a |
| 34 | METRO Credit Union | 37 | 6.5% | $4,078 | $1,090 | $1,407 |
| 35 | NORTHPOINT MORTGAGE, INC. | 33 | 6.75% | $6,853 | $2,295 | $3,235 |
| 36 | HARBORONE MORTGAGE, LLC | 32 | 6.375% | $5,262 | $1,545 | $985 |
| 37 | PENNYMAC LOAN SERVICES, LLC | 31 | 6.499% | $5,653 | $1,569 | $2,295 |
| 38 | NEWREZ LLC | 30 | 6.99% | $6,402 | $2,945 | $1,632 |
| 39 | Colorado Federal Savings Bank | 30 | 6.312% | $4,943 | $1,125 | $1,014 |
| 40 | Workers Federal Credit Union | 29 | 5.625% | $5,007 | $1,474 | n/a |
What these numbers are, and are not
Everything above is computed from the FFIEC's HMDA Modified Loan/Application Register, the public loan-level file nearly every mortgage lender must submit each year, filtered to originated, first-lien, owner-occupied principal-residence loans that were not business-purpose or reverse mortgages. Groups smaller than 5 loans are omitted. The methodology page documents every step.
The public file contains no credit scores, so differences between lenders mix true pricing differences with different customer bases: loan sizes, points paid, and borrower profiles all vary by lender. A median is context for your own quote, not a ranking and not an offer. Rates here are also a year's worth of closings blended together, while your quote reflects a single day's market.
Have a Loan Estimate in hand? The checker compares your quoted rate and origination charges against the Essex figures above, in your browser, without storing anything.
Common questions
What mortgage rate did people get in Essex County in 2025?
The median interest rate on closed home-purchase loans in Essex County, Massachusetts in 2025 was 6.49%, across 5,768 first-lien, owner-occupied loans. The middle half of borrowers got between 6.125% and 6.75%.
Is this a rate I can get today?
No. These are medians of loans that already closed, under those borrowers' credit profiles, loan sizes, discount points, and lock dates. Rates also move daily. The way to learn your own number is to collect Loan Estimates from two or three lenders, which federal rules make close to free.
Why do lenders in the table show different rates?
Partly pricing, partly customer mix. Public HMDA data contains no credit scores, so a lender serving stronger-credit borrowers or larger loans will show a different median than one serving first-time buyers, at identical pricing. Use the table as a map of who is active locally and roughly where they land, not as a ranking.
Where do these numbers come from?
The FFIEC's public HMDA Modified Loan/Application Register, the loan-level data nearly every mortgage lender must file each year, filtered to originated, first-lien, owner-occupied, non-business, non-reverse loans, in groups of at least 5.