Compare Today’s Mortgage Rates for Elkridge, Maryland

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Elkridge, Maryland 21075. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $10,304 or $29 / month in Elkridge and other areas of Howard county.

Our search engine explores all home mortgage options in Elkridge, Maryland 21075, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

39.2125 -76.713889

Summary of Average Mortgage Terms in Elkridge, Maryland 21075

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Elkridge, MD

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Elkridge, MD 21075, 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 Elkridge, MD

Historical Mortgage Rates for Elkridge, Maryland 21075 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Elkridge, Maryland and around Howard 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 Elkridge, Maryland 21075

If you’re looking to buy a new home in Elkridge, we have compiled a list of the leading mortgage brokers around Elkridge, Maryland 21075 to help you with your search.

Name
Address
Contact

Castle Point Mortgage

6800 Deerpath Rd

Elkridge MD 21075

(443) 445-9166

Destiny Mortgage Group

245 Powdersby Rd

Joppa MD 21075

(410) 877-6207

Premier Mortgage Funding

626 Towne Center Dr

Joppa MD 21075

(410) 612-8139

RBC Mortgage

7400 Bradshaw Rd

Kingsville MD 21075

(410) 593-9616

Ameribanq Mortgage Group

7400 Bradshaw Rd

Kingsville MD 21075

(410) 593-9600

Address

6800 Deerpath Rd

Elkridge MD

Contact

(443) 445-9166

Address

245 Powdersby Rd

Joppa MD

Contact

(410) 877-6207

Address

626 Towne Center Dr

Joppa MD

Contact

(410) 612-8139

News on Mortgages and Reverse Mortgages for Elkridge, Maryland 21075