Compare Today’s Mortgage Rates in Essex, Maryland 21221
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Essex, Maryland 21221.
Our search engine thoroughly explores all home mortgage options in Essex, Maryland 21221, 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 $10,414 in lifetime cash or $29 per month in Essex and other areas of Baltimore county.
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Summary of Average Mortgages in Essex, Maryland 21221
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Essex, Maryland 21221
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Essex, MD 21221. 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 Essex, Maryland 21221 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Essex, Maryland and around Baltimore 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 | 99.02% | 93.77% | 94.23% | 92.23% | 92.70% | 88.38% | 88.97% | 90.67% | 86.84% |
| avg mortgage rate | 6.74% | 4.59% | 3.10% | 3.45% | 4.55% | 4.74% | 4.23% | 3.96% | 4.16% |
| % 15 year fixed mortgage | 0.49% | 4.48% | 4.87% | 6.63% | 5.87% | 9.74% | 8.75% | 7.74% | 11.48% |
| avg mortgage rate | 5.25% | 3.62% | 2.43% | 2.90% | 3.74% | 4.03% | 3.36% | 3.06% | 3.31% |
| Avg credit score | 750.82 | 755.50 | 758.47 | 760.01 | 756.77 | 759.60 | 755.56 | 755.85 | 759.96 |
| Avg LTV (loan to value) | 77.64% | 79.53% | 80.10% | 80.87% | 79.20% | 76.93% | 76.74% | 78.32% | 77.51% |
| Avg DTI (debt to income) | 37.34 | 35.86 | 34.60 | 34.07 | 35.46 | 34.98 | 34.17 | 34.26 | 33.78 |
| % First time homebuyer | 25.37% | 21.42% | 13.86% | 16.48% | 20.74% | 13.85% | 19.58% | 18.45% | 16.51% |
| Avg mortgage insurance % | 9.66% | 10.16% | 10.00% | 10.75% | 9.80% | 6.12% | 5.95% | 6.97% | 6.34% |
Best Mortgage Brokers around Essex, Maryland 21221
For those searching for a new home in Essex, we have compiled a list of the top mortgage brokers located in and around Essex, Maryland 21221 to assist you with your search.
Name
Address
Contact
Icg Homes
526 Eastern Blvd
Essex MD 21221
(443) 559-0490
OneMain Financial
1229 Eastern Blvd
Essex MD 21221
(410) 682-6106
wecare@afsindia.com
Ace Cash Express
1312 Eastern Blvd
Essex MD 21221
(410) 780-0001
customerservice@acecashexpress.com
Cortney Kight Linger
2912 Odonnell St
Baltimore MD 21221
(410) 327-5626
Wells Fargo Home Mortgage
2400 Boston St
Baltimore MD 21221
(410) 558-5123
http://www.wellsfargo.com/mortgage/
Address
526 Eastern Blvd
Essex MD
Contact
(443) 559-0490
Address
1229 Eastern Blvd
Essex MD
Contact
(410) 682-6106
wecare@afsindia.com
Address
1312 Eastern Blvd
Essex MD
Contact
(410) 780-0001
customerservice@acecashexpress.com