Compare Today’s Mortgage Rates for Damascus, Maryland

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Damascus, Maryland 20872. 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 $32,930 or $91 / month in Damascus and surrounding areas of Montgomery 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 Damascus, Maryland 20872.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

39.27606 -77.213088

Summary of Average Mortgage Terms in Damascus, Maryland 20872

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Damascus, MD

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Damascus, MD 20872, 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.

Local Mortgage Rates for Damascus, MD

Historical Mortgage Rates for Damascus, Maryland 20872 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Damascus, Maryland and around Montgomery 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 Damascus, Maryland 20872

If you’re looking to buy a new home in Damascus, we have compiled a list of the leading mortgage brokers around Damascus, Maryland 20872 to help you with your search.

Name
Address
Contact

First Maryland Mortgage

11401 Bethesda Church Rd

Damascus MD 20872

(301) 482-2673

lwilson@1stmarinerbank.com

Sebring Boone Mortgage

26227 Ridge Rd

Damascus MD 20872

(301) 414-7533

http://sebringboone.com

Rates And Points

5 N Frederick Ave

Gaithersburg MD 20872

(301) 258-1000

Eagle Creek Mortgage

656 Quince Orchard Rd

Gaithersburg MD 20872

(301) 802-6426

http://www.mortgages-dmv.com/

PrimeLending, A PlainsCapital Company

704 Quince Orchard Rd

Gaithersburg MD 20872

(301) 208-0055

austincentral@primelending.com

Address

11401 Bethesda Church Rd

Damascus MD

Contact

(301) 482-2673

lwilson@1stmarinerbank.com

Address

26227 Ridge Rd

Damascus MD

Contact

(301) 414-7533

http://sebringboone.com

Address

5 N Frederick Ave

Gaithersburg MD

Contact

(301) 258-1000

News on Mortgages and Reverse Mortgages for Damascus, Maryland 20872