Mortgage Rates in Worcester, MA: Today's Averages & 2026 Outlook
Worcester 30-year fixed rates are running around 6.84% — roughly 1 bps below the national average of 6.85%. Here's how Worcester rates stack up, what drives the metro spread, and the payment math on a typical Worcester home.
Today's Worcester rates by loan type
Estimates for Worcester based on the current national 30-year average of 6.85% plus the metro's typical spread (-1 bps). Live national rate sourced daily from Freddie Mac PMMS. Your actual quote will depend on your credit, down payment, and lender.
What drives Worcester mortgage rates
The national 30-year average sets the floor for every Worcester lender. But the $Worcester metro typically prices about 1 basis points below that national benchmark because of local dynamics.
Local market read. More affordable than Boston; attorney-close market.
Who's lending. Regional banks and credit unions hold strong share.
Median deal size. A typical Worcester loan is around $380,000 on a $425,000 home. That sits well inside conforming loan limits, so most Worcester buyers get standard agency pricing.
What a typical Worcester payment looks like
| Line item | Estimate |
|---|---|
| Median home price (Worcester) | $425,000 |
| Median loan amount | $380,000 |
| 30-yr rate (Worcester avg) | 6.84% |
| Monthly principal & interest | $2,487 |
| Est. full PITI (add ~30% for taxes/insurance) | ~$3,233 |
Directional math for Worcester in 2026. Add property taxes, homeowners insurance, PMI (if less than 20% down), and any HOA dues for full monthly cost. Our mortgage calculator lets you plug in your exact numbers.
More on buying in Massachusetts
Get matched with a Worcester lender — free
We'll match you with vetted Worcester-area lenders competing for your loan. Compare real Loan Estimates side-by-side — the same Worcester buyer can save $2,000–$5,000+ over the life of the loan by shopping three quotes.
Worcester mortgage rates: FAQ
What is today's mortgage rate in Worcester, MA?▾
The average 30-year fixed mortgage rate in Worcester is around 6.84% — 15-year fixed near 6.09%, FHA around 6.59%, VA around 6.49%. That's roughly 1 bps below the current US 30-year average of 6.85%. Your actual rate depends on credit score, down payment, loan type, and lender competition — always compare Loan Estimates from at least three lenders.
How do Worcester mortgage rates compare to the national average?▾
Worcester rates typically sit slightly below (about 1 bps lower than) the US 30-year average. The metro spread reflects local lender competition, loan mix, and property-tax/insurance dynamics specific to the Worcester area.
What's the median home price in Worcester?▾
The median home price in the Worcester metro is about $425,000, with a typical loan amount of $380,000 at conventional LTVs. At today's 6.84% rate, principal and interest on that loan runs about $2,487/month — before property taxes, homeowners insurance, and (if applicable) PMI or HOA dues.
Who are the top lenders in Worcester?▾
Regional banks and credit unions hold strong share. You'll get the best rate by comparing at least three Loan Estimates — a mix of a national non-bank lender, a local credit union, and (for higher loan amounts) a portfolio bank tends to reveal the best pricing for your specific profile.
Should I lock my rate now or wait in Worcester?▾
More affordable than Boston; attorney-close market. On rate timing itself, no one can call the exact peak or trough — but if the payment on your target Worcester home works today at 6.84%, locking and refinancing later if rates fall is a well-worn playbook. Our Right-Time-to-Buy tool models the wait-vs-buy math for you.