Compare Today’s Mortgage Rates in Bowie, Maryland 20720
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Bowie, Maryland 20720.
Our search engine thoroughly explores all home mortgage options in Bowie, Maryland 20720, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $14,634 in lifetime cash or $41 per month in Bowie and other areas of Prince Georges county.
Summary of Average Mortgages in Bowie, Maryland 20720
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Interactive Mortgage Rate Projections for Bowie, Maryland 20720
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Bowie, MD 20720. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Bowie, Maryland 20720 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Bowie, Maryland and around Prince Georges county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 93.63% | 94.70% | 94.07% | 94.31% | 93.34% | 93.67% | 93.34% | 93.98% | |
avg mortgage rate | 4.10% | 3.87% | 4.07% | 4.44% | 3.95% | 3.86% | 4.62% | 4.87% | |
% 15 year fixed mortgage | 5.48% | 4.52% | 4.91% | 4.97% | 6.05% | 5.48% | 5.30% | 4.92% | |
avg mortgage rate | 3.19% | 3.06% | 3.24% | 3.45% | 3.11% | 3.20% | 3.95% | 4.36% | |
Avg credit score | 767.42 | 760.52 | 758.77 | 758.08 | 760.39 | 765.38 | 766.84 | 766.33 | |
Avg LTV (loan to value) | 81.07% | 81.27% | 79.99% | 79.51% | 80.17% | 78.84% | 76.40% | 75.39% | |
Avg DTI (debt to income) | 35.77 | 35.78 | 35.91 | 35.23 | 34.44 | 33.32 | 33.68 | 33.30 | |
% First time homebuyer | 38.96% | 37.49% | 41.58% | 41.05% | 39.29% | 32.58% | 30.79% | 33.03% | |
Avg mortgage insurance % | 11.82% | 11.96% | 10.35% | 9.45% | 9.83% | 8.03% | 5.15% | 3.95% |
Best Mortgage Brokers around Bowie, Maryland 20720
For those searching for a new home in Bowie, we have compiled a list of the top mortgage brokers located in and around Bowie, Maryland 20720 to assist you with your search.
NVR Mortgage Finance
12800 Dominics Bequest Ct
Bowie MD 20720
(301) 352-3076
http://www.nvrmortgage.com/
Mortgage American Partnership
10111 Martin Luther King Jr Hwy
Bowie MD 20720
(301) 306-5000
http://accllc.com
Open Door Housing Fund
9900 Woodview Dr
Bowie MD 20720
(240) 770-7165
Onemain Financial
12172 Central Ave
Bowie MD 20720
(301) 218-5510
http://www.onemainfinancial.com/
Access National Mortgage
6915 Laurel Bowie Rd
Bowie MD 20720
(301) 262-2500
http://www.accessnational.com/
Address
12800 Dominics Bequest Ct
Bowie MD
Contact
(301) 352-3076
http://www.nvrmortgage.com/
Address
10111 Martin Luther King Jr Hwy
Bowie MD
Contact
(301) 306-5000
http://accllc.com
Address
9900 Woodview Dr
Bowie MD
Contact
(240) 770-7165