Compare Today’s Mortgage Rates for Hancock, Maryland
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Hancock, Maryland 21750. 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 $32,930 or $91 / month in Hancock and surrounding areas of Washington 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 Hancock, Maryland 21750.
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Summary of Average Mortgage Terms in Hancock, Maryland 21750
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Expected Savings
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Interactive Mortgage Rate Projections for Hancock, MD
To forecast and predict mortgage rates in Hancock, MD 21750, 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 Hancock, Maryland 21750 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Hancock, 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 Hancock, Maryland 21750
If you’re looking to buy a new home in Hancock, we have compiled a list of the leading mortgage brokers around Hancock, Maryland 21750 to help you with your search.
Name
Address
Contact
American Mortgage
3100 Days Ct
Ijamsville MD 21750
(301) 607-6306
webmaster@americanmortgage.com
Immediate Mortgage
3280 Urbana Pike
Ijamsville MD 21750
(240) 699-0112
http://imilending.com
The Mortgage Vault
3370 Urbana Pike
Urbana MD 21750
(301) 874-2196
Equity Contracting
2183 Bellemonte Ct
Jefferson MD 21750
(301) 371-3732
The Strata Group
200 E Church St
Salisbury MD 21750
(443) 859-8786
Address
3100 Days Ct
Ijamsville MD
Contact
(301) 607-6306
webmaster@americanmortgage.com
Address
3280 Urbana Pike
Ijamsville MD
Contact
(240) 699-0112
http://imilending.com
Address
3370 Urbana Pike
Urbana MD
Contact
(301) 874-2196