Compare Today’s Mortgage Rates for Funkstown, Maryland
Pureloan searches mortgage lenders and major banks in Funkstown, Maryland 21734 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $18,263 or $51 / month is expected in Funkstown and other areas of Washington county.
Pureloan’s search engine explores all home mortgage options in Funkstown, Maryland 21734, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
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Summary of Average Mortgage Terms in Funkstown, Maryland 21734
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Expected Savings
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Interactive Mortgage Rate Projections for Funkstown, MD
To forecast and predict mortgage rates in Funkstown, MD 21734, 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 Funkstown, Maryland 21734 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Funkstown, Maryland and around Washington 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 Funkstown, Maryland 21734
If you’re looking to buy a new home in Funkstown, we have compiled a list of the leading mortgage brokers around Funkstown, Maryland 21734 to help you with your search.
Name
Address
Contact
Gateway Mortgage Group
14330 Triadelphia Rd
Glenelg MD 21734
(301) 802-0997
robsherman@gatewaymortgagesolutions.com
Home Loan Solutions
13835 Burntwoods Rd
Glenelg MD 21734
(410) 707-6117
Mariner Finance
1423 Dual Hwy
Hagerstown MD 21734
(301) 714-1550
contactus@marinerfinance.com
Equity Commerce
18223 Shawley Dr
Hagerstown MD 21734
(301) 790-3444
notifications@equitycommerce.com
Midatlantic Farm Credit
1260 Maryland Ave
Hagerstown MD 21734
(301) 797-5151
support@mafc.com
Address
14330 Triadelphia Rd
Glenelg MD
Contact
(301) 802-0997
robsherman@gatewaymortgagesolutions.com
Address
13835 Burntwoods Rd
Glenelg MD
Contact
(410) 707-6117
Address
1423 Dual Hwy
Hagerstown MD
Contact
(301) 714-1550
contactus@marinerfinance.com