Compare Today’s Mortgage Rates for Elkton, Maryland

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Elkton, Maryland 21921. 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 $18,066 or $50 / month in Elkton and surrounding areas of Cecil 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 Elkton, Maryland 21921.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

39.626434 -75.84584

Summary of Average Mortgage Terms in Elkton, Maryland 21921

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Elkton, MD

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Elkton, MD 21921, 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 Elkton, MD

Historical Mortgage Rates for Elkton, Maryland 21921 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Elkton, Maryland and around Cecil 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 Elkton, Maryland 21921

If you’re looking to buy a new home in Elkton, we have compiled a list of the leading mortgage brokers around Elkton, Maryland 21921 to help you with your search.

Name
Address
Contact

Louviers Mortgage Corporation

37 Mule Deer Ct

Elkton MD 21921

(410) 620-9046

Fulton Mortgage Company

130 North St

Elkton MD 21921

(410) 996-2265

MTG Services

107 Chesapeake Blvd

Elkton MD 21921

(410) 392-5031

Davis, William - Mortgage Network

205 E Main St

Elkton MD 21921

(410) 398-5607

http://mortgagenetwork.com/

MTG Services

111 E Main St

Elkton MD 21921

(410) 392-5046

Address

37 Mule Deer Ct

Elkton MD

Contact

(410) 620-9046

Address

130 North St

Elkton MD

Contact

(410) 996-2265

Address

107 Chesapeake Blvd

Elkton MD

Contact

(410) 392-5031

News on Mortgages and Reverse Mortgages for Elkton, Maryland 21921