Mortgage Rates in Wareham, Massachusetts — March 2026
Updated March 2026 | Based on Wareham market data and regional lending conditions
Wareham is a smaller Massachusetts community of 25,118 where the housing market reflects local economic conditions. The current 30-year fixed rate here is 6.61% (0.04% below the national average). The median home price of $535,000 translates to roughly $3,325/month with 20% down — requiring an income of about $142,500, which exceeds the local median of $99,000.
Current Mortgage Rates in Wareham, MA
Below are the current average mortgage rates available in the Wareham area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.61% | 6.65% | -0.04% |
| 15-Year Fixed | 5.88% | 5.89% | -0.01% |
| 5/1 ARM | 6.16% | 6.15% | +0.01% |
| FHA | 6.43% | 6.25% | +0.18% |
| VA | 6.18% | 6.05% | +0.13% |
| Jumbo | 6.86% | 6.85% | +0.01% |
Wareham Housing Market Overview
Wareham's housing market is competitive — median prices of $535,000 put it well above the national median of ~$400,000. Buyers here face higher barriers to entry, but the local economy (median household income: $99,000) may not fully support current asking prices.
Monthly Payment Breakdown for Wareham
Based on the median home price of $535,000 with 20% down ($107,000), here is what you can expect to pay monthly in Wareham:
15-Year vs. 30-Year Mortgage in Wareham
Choosing a 15-year mortgage in Wareham at 5.88% instead of a 30-year at 6.61% would save you $339,840 in total interest over the life of the loan. However, your monthly payment would be $3,584 instead of $2,736 — an increase of $848 per month.
Calculate Your Wareham Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Wareham
What are the current mortgage rates in Wareham, MA?
As of March 2026, the average 30-year fixed mortgage rate in Wareham, Massachusetts is 6.61%, while the 15-year fixed rate is 5.88%. FHA loans average 6.43% and VA loans 6.18%. These rates are 0.04% below the national average of 6.65%.
How much is a monthly mortgage payment in Wareham?
Based on the median home price of $535,000 with 20% down, the estimated monthly mortgage payment in Wareham is $2,736 for principal and interest. Including property taxes of $589/month, the total monthly housing cost is approximately $3,325.
What income do I need to buy a home in Wareham?
Using the 28% rule, you would need an annual income of approximately $142,500 to afford the median-priced home in Wareham at $535,000. The median household income in Wareham is $99,000. This means most households would need to either earn above the median or consider homes below $535,000.
Is Wareham a good place to buy a home in 2026?
Wareham has a higher cost of living than average with a cost of living index of 135.2 (national average = 100). The property tax rate in Massachusetts is 1.32%, which is near the national average. Wareham has a population of 25,118 and offers a balanced lifestyle.
Mortgage Rates in Other Massachusetts Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Wareham, Massachusetts area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.