Compare Today’s Mortgage Rates in Cobb Island, Maryland 20625
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Cobb Island, Maryland 20625.
Our search engine thoroughly explores all home mortgage options in Cobb Island, Maryland 20625, 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 $18,125 in lifetime cash or $50 per month in Cobb Island and other areas of Charles county.
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Summary of Average Mortgages in Cobb Island, Maryland 20625
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Cobb Island, Maryland 20625
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Cobb Island, MD 20625. 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 Cobb Island, Maryland 20625 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Cobb Island, Maryland and around Charles 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 Cobb Island, Maryland 20625
For those searching for a new home in Cobb Island, we have compiled a list of the top mortgage brokers located in and around Cobb Island, Maryland 20625 to assist you with your search.
Name
Address
Contact
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