Compare Today’s Mortgage Rates for Brooklyn, Maryland
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Brooklyn, Maryland 21225. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $17,122 or $48 / month in Brooklyn and surrounding areas of Baltimore City county.
Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Brooklyn, Maryland 21225.
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Summary of Average Mortgage Terms in Brooklyn, Maryland 21225
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Expected Savings
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Interactive Mortgage Rate Projections for Brooklyn, MD
To forecast and predict mortgage rates in Brooklyn, MD 21225, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.
Historical Mortgage Rates for Brooklyn, Maryland 21225 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Brooklyn, Maryland and around Baltimore City county to help you understand trends for your home purchase process. This data is produced from actual closed loans.
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|---|---|
| % 30 year fixed mortgage | 92.45% | 91.31% | 91.42% | 91.52% | 92.13% | 91.23% | 93.13% | 92.07% |
| avg mortgage rate | 4.97% | 4.68% | 3.90% | 3.96% | 4.44% | 4.12% | 3.92% | 4.10% |
| % 15 year fixed mortgage | 5.87% | 6.42% | 6.80% | 7.32% | 6.65% | 7.56% | 5.51% | 6.60% |
| avg mortgage rate | 4.28% | 3.93% | 3.16% | 3.11% | 3.42% | 3.20% | 3.13% | 3.26% |
| Avg credit score | 762.41 | 763.47 | 762.30 | 760.29 | 757.19 | 757.03 | 756.40 | 756.75 |
| Avg LTV (loan to value) | 74.14% | 75.94% | 77.55% | 77.96% | 78.61% | 79.49% | 79.23% | 78.50% |
| Avg DTI (debt to income) | 33.94 | 33.36 | 32.46 | 33.31 | 34.09 | 34.62 | 34.63 | 35.69 |
| % First time homebuyer | 46.16% | 44.36% | 44.01% | 48.60% | 48.27% | 51.41% | 47.46% | 45.87% |
| Avg mortgage insurance % | 3.28% | 5.30% | 7.07% | 8.03% | 9.11% | 10.25% | 9.73% | 9.43% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Brooklyn, Maryland 21225
If you’re looking to buy a new home in Brooklyn, we have compiled a list of the leading mortgage brokers around Brooklyn, Maryland 21225 to help you with your search.
Name
Address
Contact
Philip Collector Trust
206 Frankle St
Brooklyn MD 21225
(410) 625-2211
http://iitrust.com/
Key Mortgage
8441 Belair Rd
Nottingham MD 21225
(410) 248-0990
Bad Credit Build A Loan
1 Highhaven Pl
Nottingham MD 21225
(410) 344-2124
Bayshore Mortgage Funding
4501 Fitch Ave
Nottingham MD 21225
(410) 882-1777
Baltimore Investors Mortgage Company
8715 Belair Rd
Perry Hall MD 21225
(410) 248-2400
Address
206 Frankle St
Brooklyn MD
Contact
(410) 625-2211
http://iitrust.com/
Address
8441 Belair Rd
Nottingham MD
Contact
(410) 248-0990
Address
1 Highhaven Pl
Nottingham MD
Contact
(410) 344-2124