Compare Today’s Mortgage Rates in Frederick, Maryland 21709
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Frederick, Maryland 21709.
Our search engine thoroughly explores all home mortgage options in Frederick, Maryland 21709, 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 $20,829 in lifetime cash or $58 per month in Frederick and other areas of Frederick county.
39.4138
-77.4083
8595
Summary of Average Mortgages in Frederick, Maryland 21709
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Frederick, Maryland 21709
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Frederick, MD 21709. 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 Frederick, Maryland 21709 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Frederick, Maryland and around Frederick 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 | 97.00% | 95.91% | 96.13% | 96.03% | 93.46% | 90.92% | 91.93% | 92.61% | 93.61% |
| avg mortgage rate | 6.28% | 4.55% | 2.99% | 3.33% | 4.37% | 4.63% | 4.19% | 3.93% | 4.14% |
| % 15 year fixed mortgage | 2.47% | 3.36% | 2.92% | 3.45% | 5.57% | 7.20% | 6.36% | 6.27% | 5.36% |
| avg mortgage rate | 5.59% | 3.68% | 2.40% | 2.91% | 3.76% | 3.90% | 3.42% | 3.10% | 3.30% |
| Avg credit score | 753.53 | 759.05 | 759.71 | 763.24 | 754.78 | 759.11 | 757.74 | 755.38 | 756.71 |
| Avg LTV (loan to value) | 81.90% | 83.87% | 84.85% | 85.25% | 82.78% | 78.94% | 81.41% | 82.46% | 82.35% |
| Avg DTI (debt to income) | 38.34 | 36.45 | 34.22 | 35.28 | 36.30 | 35.21 | 34.85 | 35.05 | 34.39 |
| % First time homebuyer | 52.12% | 44.65% | 44.16% | 41.08% | 41.43% | 29.35% | 30.56% | 32.22% | 35.71% |
| Avg mortgage insurance % | 14.73% | 14.86% | 16.01% | 15.97% | 14.23% | 10.77% | 12.91% | 12.99% | 13.43% |
Best Mortgage Brokers around Frederick, Maryland 21709
For those searching for a new home in Frederick, we have compiled a list of the top mortgage brokers located in and around Frederick, Maryland 21709 to assist you with your search.
Name
Address
Contact
Springleaf Financial Services
1305 W 7th St
Frederick MD 21709
(301) 694-8509
Four Season Service & Staffing
1022 Lavenport Way
Frederick MD 21709
(301) 360-9608
Monocacy Home Mortgage
75 Thomas Johnson Dr
Frederick MD 21709
(240) 379-8300
http://www.monocacymortgage.com
PNC Mortgage
103 Baughmans Ln
Frederick MD 21709
(301) 293-6191
http://pncmortgage.com
B F Saul Mortgage Co.
1009 W Patrick St
Frederick MD 21709
(301) 831-4590
http://www.bfsaulmortgage.com/
Address
1305 W 7th St
Frederick MD
Contact
(301) 694-8509
Address
1022 Lavenport Way
Frederick MD
Contact
(301) 360-9608
Address
75 Thomas Johnson Dr
Frederick MD
Contact
(240) 379-8300
http://www.monocacymortgage.com