Compare Today’s Mortgage Rates for Luke, Maryland

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Luke, Maryland 21540. 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 $26,322 or $73 / month in Luke and surrounding areas of Allegany 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 Luke, Maryland 21540.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

39.477392 -79.059365

Summary of Average Mortgage Terms in Luke, Maryland 21540

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Luke, MD

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Luke, MD 21540, 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.

Local Mortgage Rates for Luke, MD

Historical Mortgage Rates for Luke, Maryland 21540 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Luke, Maryland and around Allegany 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 Luke, Maryland 21540

If you’re looking to buy a new home in Luke, we have compiled a list of the leading mortgage brokers around Luke, Maryland 21540 to help you with your search.

Name
Address
Contact

Countrywide Homes Loans

Garrett Hwy

Mc Henry MD 21540

(301) 387-8813

Mariner Finance

1050 W Industrial Blvd

Cumberland MD 21540

(301) 722-3240

contactus@marinerfinance.com

OneMain Financial

29 Baltimore St

Cumberland MD 21540

(301) 724-3600

http://branches.onemainfinancial.com/md/cumberland/29-baltimore-street.html

Alcova Mortgage

14602 McMullen Hwy SW

Cumberland MD 21540

(301) 729-3293

jinglish@alcovamortgage.com

Mariner Finance

1221A National Hwy

Cumberland MD 21540

(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

News on Mortgages and Reverse Mortgages for Luke, Maryland 21540