Compare Today’s Mortgage Rates for Essex, Maryland
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Essex, Maryland 21221. 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 $15,709 or $44 / month in Essex and surrounding areas of Baltimore 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 Essex, Maryland 21221.
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Summary of Average Mortgage Terms in Essex, Maryland 21221
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Essex, MD
To forecast and predict mortgage rates in Essex, MD 21221, 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.
Historical Mortgage Rates for Essex, Maryland 21221 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Essex, Maryland and around Baltimore 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 Essex, Maryland 21221
If you’re looking to buy a new home in Essex, we have compiled a list of the leading mortgage brokers around Essex, Maryland 21221 to help 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