Compare Today’s Mortgage Rates in Lonaconing, Maryland 21539
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Lonaconing, Maryland 21539.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $10,414 over the lifetime of your 30-year fixed loan, or a monthly savings of $29 in Lonaconing and other areas of Allegany county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Lonaconing, Maryland 21539
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Lonaconing, Maryland 21539
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Lonaconing, MD 21539. 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 Lonaconing, Maryland 21539 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Lonaconing, Maryland and around Allegany 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 | 93.33% | 88.89% | 92.04% | 91.98% | 87.42% | 82.89% | 89.25% | 85.56% | 86.02% |
| avg mortgage rate | 6.63% | 4.78% | 3.05% | 3.31% | 4.35% | 4.58% | 4.17% | 3.88% | 4.14% |
| % 15 year fixed mortgage | 4.44% | 9.44% | 5.88% | 6.33% | 10.06% | 14.47% | 9.68% | 11.11% | 9.68% |
| avg mortgage rate | 5.44% | 4.12% | 2.56% | 2.77% | 3.77% | 3.87% | 3.49% | 3.17% | 3.31% |
| Avg credit score | 751.76 | 754.43 | 758.79 | 763.11 | 757.69 | 761.70 | 755.00 | 755.36 | 757.91 |
| Avg LTV (loan to value) | 82.42% | 83.22% | 81.19% | 80.95% | 80.96% | 77.91% | 79.95% | 80.19% | 78.84% |
| Avg DTI (debt to income) | 33.78 | 33.68 | 32.82 | 31.89 | 34.20 | 33.76 | 32.85 | 32.07 | 31.08 |
| % First time homebuyer | 28.89% | 27.22% | 22.15% | 21.52% | 20.75% | 18.42% | 20.43% | 22.22% | 17.20% |
| Avg mortgage insurance % | 13.27% | 14.17% | 11.38% | 11.51% | 10.42% | 7.00% | 7.18% | 7.27% | 7.63% |
Best Mortgage Brokers around Lonaconing, Maryland 21539
For those searching for a new home in Lonaconing, we have compiled a list of the top mortgage brokers located in and around Lonaconing, Maryland 21539 to assist you with your search.
Name
Address
Contact
Countrywide Homes Loans
Garrett Hwy
Mc Henry MD 21539
(301) 387-8813
Mariner Finance
1050 W Industrial Blvd
Cumberland MD 21539
(301) 722-3240
contactus@marinerfinance.com
OneMain Financial
29 Baltimore St
Cumberland MD 21539
(301) 724-3600
http://branches.onemainfinancial.com/md/cumberland/29-baltimore-street.html
Alcova Mortgage
14602 McMullen Hwy SW
Cumberland MD 21539
(301) 729-3293
jinglish@alcovamortgage.com
Mariner Finance
1221A National Hwy
Cumberland MD 21539
(301) 722-3240
http://www.marinerfinance.com/
Address
Garrett Hwy
Mc Henry MD
Contact
(301) 387-8813
Address
1050 W Industrial Blvd
Cumberland MD
Contact
(301) 722-3240
contactus@marinerfinance.com
Address
29 Baltimore St
Cumberland MD
Contact
(301) 724-3600
http://branches.onemainfinancial.com/md/cumberland/29-baltimore-street.html