Assumable Mortgages in Massachusetts

Assumable Homes in Massachusetts

Massachusetts is one of the most expensive housing markets in the Northeast, making assumable property an especially high-value strategy for buyers who qualify. Our Massachusetts dataset covers approximately 49,000 FHA and VA assumable homes across 1,478 census tracts, with a median note rate of 3.8%.

In Greater Boston — where median single-family home prices regularly exceed $700,000 — the difference between a 3.8% assumed rate and a new origination at current market levels can exceed $1,800 per month on a typical purchase. That gap has made assumable homes one of the most searched real estate topics in the state.

FHA assumable property in Massachusetts is concentrated in the inner suburbs of Boston — Brockton, Lynn, Lawrence, Lowell, and Worcester — as well as Springfield and the Pioneer Valley. These communities saw strong FHA origination activity during the 2019–2022 rate window, and many of those obligations are now assumable at rates well below current market.

Hanscom Air Force Base and Westover Air Reserve Base contribute VA assumable homes to the eastern and western Massachusetts markets respectively. At 6.1 years median age, Massachusetts assumable obligations largely date to the 2019–2022 period. Our Massachusetts data list provides census-tract-level detail across all 14 counties.