Worcester, MA · Worcester

    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

    30-yr fixed
    6.84%
    Conventional
    15-yr fixed
    6.09%
    Faster payoff
    FHA 30-yr
    6.59%
    3.5% down
    VA 30-yr
    6.49%
    $0 down eligible

    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 itemEstimate
    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.

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