LoanMate.ai may earn a commission from card issuers or lenders when you apply through links on this page. This does not affect our data verification process.
The short answer
Massachusetts borrowers can see published mortgage rates from 75+ local banks and credit unions before talking to a single lender. Our dataset tracks 1,429 rate observations across 124 lenders (as of October 8, 2026), verified daily against each lender's own page. Published rates are best-case advertised figures — your personalized quote will differ based on credit, down payment, and property — but they tell you who's consistently competitive *before* you start quoting.
Today's Massachusetts snapshot
As of our October 8, 2026 refresh:
- 30-year fixed purchase (conventional): 6.50%–7.50% across 20 MA lenders (1.00-point spread = $120,864 over 30 years on $500K)
- 15-year fixed purchase: 5.75%–7.50% across 43 lenders
- 5/1 ARM: 5.63%–6.50% across 7 lenders
- HELOC (ongoing): 5.13%–8.65% across 24 lenders
Local credit unions and community banks hold the bottom of nearly every table — BankGloucester, Metro Credit Union, Methuen Co-operative Bank, Hanscom FCU. Full detail in our State of MA Rates report.
How to use published MA rates
- Benchmark before you quote. Know the range so you can spot an outlier quote instantly.
- Shortlist 3–4 lenders from the bottom of the relevant table — pricing culture is persistent.
- Get same-day quotes from your shortlist (rates move daily).
- Compare the Loan Estimates you receive with our tool — published rates got you to the table; the LE comparison picks the winner.
Published vs. personalized: the Massachusetts specifics
- Condo-heavy markets (Boston, Cambridge, Somerville): condo adjustments can add 0.125–0.25% vs. single-family published rates
- Jumbo territory: Greater Boston prices frequently exceed conforming limits — jumbo published rates price separately
- First-time buyer programs: MassHousing and ONE Mortgage offer below-market rates not reflected in standard published tables — check eligibility
- Credit unions: MA has one of the strongest credit union markets in the country; many restrict membership by employer, community, or county — verify eligibility before quoting
Why local lenders win in Massachusetts
Community banks and credit unions don't have national advertising budgets, so their best rates hide on their own pages — exactly what we aggregate. They also tend to keep loans in portfolio (rather than selling to Fannie/Freddie), which lets them price more flexibly for local borrowers.
Methodology and limitations
Published rates verified daily against lenders' own public pages (methodology: /methodology/). Figures are each lender's best advertised conventional case as of October 8, 2026 — not personalized quotes. Coverage varies by product (see snapshot counts above). Lenders' published assumptions differ; open each source.
Reviewed by the LoanMate.ai editorial team.
Primary sources
- Lender rate pages as cited (each rate links to its source)
- State of MA Rates — October 2026
Next action
See today's Massachusetts mortgage rates → — then get 3 same-day quotes and compare them.