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Ashburnham, MA Mortgage Refinance in Massachusetts

We make it easy to get the lowest mortgage refinance interest rate in Ashburnham, MA.

Our loan specialists can customize a loan that is perfect for your needs. In no time at all, Ashburnham, MA residents can be on the way to a lower interest rate, a lower monthly payment, or switching from an adjustable rate mortgage to a fixed rate mortgage.

When Should I Refinance?

The best time to refinance is when interest rates in Ashburnham, Massachusetts drop below the rate of your current mortgage.  With a lower interest rate, you'll save money on your mortgage payment every month.  Be sure to read our article titled Reasons to Refinance Now.

Turn Your Adjustable Rate into a Fixed Rate

With adjustable rates on the rise Ashburnham, MA residents can benefit greatly from refinancing your home for a low fixed rate.  These benefits include a lower monthly mortgage payment, and the security of knowing your mortgage payment won't increase.

Cash-Out Refinancing

Using the equity in your home, you can refinance your mortgage for a higher amount than your current principal balance and receive the extra funds as cash.  You can use this money however you would like, including, remodeling your home, paying off high-interest rate credit cards, paying off student loans, or consolidating all your debt.  How much cash out you can receive by refinancing depends largely upon the principal balance remaining on your mortgage and the amount of equity in your home.

Eliminate PMI

Private Mortgage Insurance is usually required if your downpayment on your home was less than 20 percent.  If your home equity has increased since your purchase, you may have enough equity to elimate that PMI payment by refinancing your mortgage.

Save Thousands in Interest

When you refinance your home you can decide to switch your mortgage to a shorter term, such as 10, 15, or 20 years.  Depending on how much lower the refinance rate is, you will likely pay more per month for this shorter term home loan.  However, in the long-term you are saving thousands in interest.  And because more of your monthly mortgage payment goes towards the principal, your home equity will increase much quicker.

Mortgage Refinance Calculators

Mortgage Payment Calculator
Refinance Savings Calculator
Refinance APR Calculator
Refinance Points Calculator 

Refinance Articles

Reasons to Refinance Now
Beat the Subprime Mortgage Crisis 
Return to mortgage refinance in the state of MA

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Ashburnham, Massachusetts News
Ash-West officials campaign for override

The Ashburnham-Westminster Regional School Committee asked Ashburnham voters Wednesday to "take the time to learn the facts" and support the Proposition 2 1/2 override, to be voted Dec.


Board makes it official, kills proposed sale of Watatic land

Town officials have dropped the only alternative presented to prevent layoffs if the Proposition 2-1/2 override fails in the Dec.1 special election.


Tight vote axes transfer of land parcel at Ashburnham Special Town Meeting

An article at Thursday's Special Town Meeting that would have transferred custody of a parcel of town-owned land to the Board of Selectmen failed after the town moderator had initially declared it passed.


Ashburnham official: Assessed home values typically about 20 percent less than market

Board of Assessors Chairman Richard Coswell said a recent assessment of the town's taxable property value won't yield significant changes for the average taxpayer.


Former Phillips student named king of Bhutan

Where in the world is Bhutan? Bhutan is a tiny, remote and impoverished country surrounded by China, India, Bangladesh and Nepal.


Exhibit showcases mix of Indian, European styles

The art of a society says almost as much about it as its history does. Works produced by a culture reflect the society's trends and are often times a direct reaction to some of its most important historical ...


Green: Shirley saving energy with 4-day workweek

Who wouldn't want a three-day weekend every week? Many town employees will get just that this winter as Shirley, like a number of other communities across the Commonwealth, tries to find creative ways to save ...


Ashburnham, Westminster leaders squabble via e-mail over three-way meeting proposal

Town leaders in Ashburnham and Westminster spent Thursday arguing via e-mail on whether to hold a tri-board meeting sometime before the second of two Special Town Meetings in Ashburnham on Dec.


Rice easily wins re-election to House

State Rep. Robert L. Rice Jr., D-Gardner, coasted to a third term last night after defeating unenrolled candidate Carolyn A. Kamuda by a nearly 3-to-1 margin.


Woman arrested after being found in homeowner's car

The Ashby police have charged Jessica Goguen, 40, of 15 Westminster Street, Ashburnham, with breaking and entering into a house and a motor vehicle and larceny over $250. On Sunday, Oct.


Ashburnham administrator: Deadline too tight for land sale

Town Administrator Kevin Paicos has bad news for town officials. Paicos called selling town-owned land on Lake Watatic to help balance the town budget "a long-shot." The town administrator had been confident in ...


Pen pals in touch after 50 years

It would be like reclaiming part of your youth. The story began during World War II.


Ashburnham official: Sell land to make up for budget shortfall

Selectman Jonathan Dennehy provided the latest in a recent string of ideas to fix the town's budget crisis when he suggested selling a plot of town-owned land on Lake Watatic.


Regional digest

Two meetings now scheduled ASHBURNHAM -- The town is going to hold two special town meetings, on Nov.


Ashburnham officials decide on language for ballot question

The town Board of Selectmen on Wednesday chose wording for an upcoming Proposition 2 1/2 override ballot question that informs voters as to the specific departments their money would support.


Ashburnham officially unveils Town Hall

Town and local officials gathered at Jacob H. Fairbanks Memorial Town Hall on Monday for the long-awaited dedication of the building, reopened in late June after year-long renovations.


Suspicious fires gut cars in Ashburnham

Police are investigating a series of suspicious car fires set in the neighborhood along Sunset Lake.


Heating oil price cuts draw homeowners

H omeowners are taking advantage of suddenly lower heating-oil prices to top off their tanks.


Officials dispute Ash-West's funding calculations

Town leaders' response to Tuesday's Ash-West Regional School Committee meeting proved mostly favorable, but officials raised some question as to how school leaders arrived at figures showing a decrease in ...


Info sought on ambulance revenues

A committee that's exploring the feasibility of the Fire Department staffing its own ambulance heard a presentation yesterday from a woman whose company collects bills for neighboring departments.


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"Every other company said they could not help us. After speaking to about five companies, we really believed that no one could. Then we called Somerset, and your company proved us and those other companies wrong. We can't thank you enough for all your hard work and effort in getting us a low fixed rate. We can now breathe easier..." - L. Braun
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