Compare Today’s Mortgage Rates in Manokin, Maryland 21836
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Manokin, Maryland 21836.
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 $48,994 over the lifetime of your 30-year fixed loan, or a monthly savings of $136 in Manokin and other areas of Somerset 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 Manokin, Maryland 21836
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Manokin, Maryland 21836
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Manokin, MD 21836. 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 Manokin, Maryland 21836 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Manokin, Maryland and around Somerset 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 | 99.02% | 93.77% | 94.23% | 92.23% | 92.70% | 88.38% | 88.97% | 90.67% | 86.84% |
avg mortgage rate | 6.74% | 4.59% | 3.10% | 3.45% | 4.55% | 4.74% | 4.23% | 3.96% | 4.16% |
% 15 year fixed mortgage | 0.49% | 4.48% | 4.87% | 6.63% | 5.87% | 9.74% | 8.75% | 7.74% | 11.48% |
avg mortgage rate | 5.25% | 3.62% | 2.43% | 2.90% | 3.74% | 4.03% | 3.36% | 3.06% | 3.31% |
Avg credit score | 750.82 | 755.50 | 758.47 | 760.01 | 756.77 | 759.60 | 755.56 | 755.85 | 759.96 |
Avg LTV (loan to value) | 77.64% | 79.53% | 80.10% | 80.87% | 79.20% | 76.93% | 76.74% | 78.32% | 77.51% |
Avg DTI (debt to income) | 37.34 | 35.86 | 34.60 | 34.07 | 35.46 | 34.98 | 34.17 | 34.26 | 33.78 |
% First time homebuyer | 25.37% | 21.42% | 13.86% | 16.48% | 20.74% | 13.85% | 19.58% | 18.45% | 16.51% |
Avg mortgage insurance % | 9.66% | 10.16% | 10.00% | 10.75% | 9.80% | 6.12% | 5.95% | 6.97% | 6.34% |
Best Mortgage Brokers around Manokin, Maryland 21836
For those searching for a new home in Manokin, we have compiled a list of the top mortgage brokers located in and around Manokin, Maryland 21836 to assist you with your search.
Name
Address
Contact
First Horizon Home Loans
5000 Coastal Hwy
Ocean City MD 21836
(410) 520-2540
Universal Mortgage & Finance
9919 Stephen Decatur Hwy
Ocean City MD 21836
(410) 213-8850
Peninsula Bank Worcester County Offices Ocean City
12910 Coastal Hwy
Ocean City MD 21836
Academy Mortgage
9748 Stephen Decatur Hwy
Ocean City MD 21836
(410) 213-9215
First Home Mortgage
6200 Coastal Hwy
Ocean City MD 21836
(443) 664-2446
eshort@gofirsthome.com
Address
5000 Coastal Hwy
Ocean City MD
Contact
(410) 520-2540
Address
9919 Stephen Decatur Hwy
Ocean City MD
Contact
(410) 213-8850
Address
12910 Coastal Hwy
Ocean City MD