Compare Today’s Mortgage Rates for Cobb Island, Maryland
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Cobb Island, Maryland 20625. 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 $18,851 or $52 / month in Cobb Island and surrounding areas of Charles 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 Cobb Island, Maryland 20625.
Summary of Average Mortgage Terms in Cobb Island, Maryland 20625
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Interactive Mortgage Rate Projections for Cobb Island, MD
To forecast and predict mortgage rates in Cobb Island, MD 20625, 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 Cobb Island, Maryland 20625 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Cobb Island, Maryland and around Charles 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 | 93.98% | 93.34% | 93.67% | 93.34% | 94.31% | 94.07% | 94.70% | 93.63% |
| avg mortgage rate | 4.87% | 4.62% | 3.86% | 3.95% | 4.44% | 4.07% | 3.87% | 4.10% |
| % 15 year fixed mortgage | 4.92% | 5.30% | 5.48% | 6.05% | 4.97% | 4.91% | 4.52% | 5.48% |
| avg mortgage rate | 4.36% | 3.95% | 3.20% | 3.11% | 3.45% | 3.24% | 3.06% | 3.19% |
| Avg credit score | 766.33 | 766.84 | 765.38 | 760.39 | 758.08 | 758.77 | 760.52 | 767.42 |
| Avg LTV (loan to value) | 75.39% | 76.40% | 78.84% | 80.17% | 79.51% | 79.99% | 81.27% | 81.07% |
| Avg DTI (debt to income) | 33.30 | 33.68 | 33.32 | 34.44 | 35.23 | 35.91 | 35.78 | 35.77 |
| % First time homebuyer | 33.03% | 30.79% | 32.58% | 39.29% | 41.05% | 41.58% | 37.49% | 38.96% |
| Avg mortgage insurance % | 3.95% | 5.15% | 8.03% | 9.83% | 9.45% | 10.35% | 11.96% | 11.82% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Cobb Island, Maryland 20625
If you’re looking to buy a new home in Cobb Island, we have compiled a list of the leading mortgage brokers around Cobb Island, Maryland 20625 to help you with your search.
First Home Mortgage
24404 Three Notch Rd
Hollywood MD 20625
(301) 373-6640
spierpont@gofirsthome.com
Patriot National Mortgage Corporation
5455 Huntingtown Rd
Huntingtown MD 20625
(410) 414-9057
American Mortgage Professionals
175 Walnut Creek Rd
Huntingtown MD 20625
(410) 414-7334
jgarofalo@ampros.net
Wells Fargo Home Mortgage
22776 Three Notch Rd
Lexington Park MD 20625
(301) 737-5320
http://www.wellsfargo.com/mortgage/
Irene B Parrish Realty
22188 Three Notch Rd
Lexington Park MD 20625
(301) 863-7002
perry@mris.com
Address
24404 Three Notch Rd
Hollywood MD
Contact
(301) 373-6640
spierpont@gofirsthome.com
Address
5455 Huntingtown Rd
Huntingtown MD
Contact
(410) 414-9057
Address
175 Walnut Creek Rd
Huntingtown MD
Contact
(410) 414-7334
jgarofalo@ampros.net