Peabody, Massachusetts (MA) Mortgage Brokers : Home Loans Directory

Peabody, Massachusetts (MA) Mortgage Brokers

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Below you will find a list of mortgage resources for Peabody, Massachusetts. This list will help find mortage brokers in Peabody, MA to assist you with your home loan needs.

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Below is a list of Mortgage Brokers - Mortgage Lenders in the Peabody, MA area.

Peabody, MA Featured Mortgage Lenders

STANDARD LISTINGS ( List Your Business Here - FREE!)

New England Schooner Mortgage Services

Full Service Mortgage Broker

Brian Conway - (P)978-977-4757 (F)978-977-4764

3 Centennial Dr - Peabody, Massachusetts 01960

www.neschooner.com

Important Websites for Peabody, Massachusetts

National Association of Mortgage Brokers

Mortgage Bankers Association

Massachusetts Mortgage Bankers Association

Massachusetts Division of Banks

NATIONAL AVERAGES	CURRENT	CHANGE

30 Yr Fixed	4.56%	-0.01%
15 Yr Fixed	4.03%	-0.03%
1 Yr ARM	3.70%	-0.04%
Fed Prime	3.25%	0.00%
30 Yr Tres	4.08%	0.00%

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Important Information for the Peabody, Massachusetts Area

County: Essex Elevation: 17 ft Timezone: EST

Latittude: 42.52778 Longitude: -70.92917

How many people live in Peabody (Population)? 48,129

How many homes are in Peabody (Housing Units)? 18,898

What is the Population Per Square Mile? 2,936

How many Housing Units Per Square Mile? 1,153

How big is Peabody, MA(Total Area)? 17 Sq M

How much water is in Peabody (Water Area)? 0 Sq M

How much land is in Peabody (Land Area)? 16 Sq M

**Informational Purposes Only - If you find incorrect information please email us.

Mortgage Tip #3: Consider a 15 Year Mortgage Over a 30 Year Mortgage

A 15 year mortgage will likely raise your monthly but can save you thousands in interest expense.

Example:

30 year mortgage on $150,000 at 6.5% - Over 30 years you will pay a total of $191,317 in interest.

15 year mortgage on $150,000 at 6.5% - Over 15 years you will pay a total of $85,199 in interest.

As you can see from this example the 15 year mortgage will save you $106,118.

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