Compare Today’s Mortgage Rates in Newcomb, Maryland 21653
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Newcomb, Maryland 21653.
Our search engine thoroughly explores all home mortgage options in Newcomb, Maryland 21653, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $9,018 in lifetime cash or $25 per month in Newcomb and other areas of Talbot county.
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Summary of Average Mortgages in Newcomb, Maryland 21653
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Newcomb, Maryland 21653
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Newcomb, MD 21653. 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 Newcomb, Maryland 21653 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Newcomb, Maryland and around Talbot 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 | 97.09% | 94.80% | 95.27% | 94.16% | 91.71% | 88.60% | 90.53% | 92.41% | 90.14% |
avg mortgage rate | 6.54% | 4.60% | 3.03% | 3.31% | 4.44% | 4.66% | 4.19% | 3.95% | 4.13% |
% 15 year fixed mortgage | 2.33% | 4.30% | 3.43% | 5.11% | 7.14% | 8.14% | 7.40% | 5.94% | 8.45% |
avg mortgage rate | 5.84% | 3.21% | 2.43% | 2.73% | 3.59% | 4.00% | 3.40% | 3.28% | 3.33% |
Avg credit score | 749.41 | 756.45 | 757.60 | 758.16 | 755.25 | 756.04 | 754.17 | 754.49 | 753.66 |
Avg LTV (loan to value) | 76.40% | 77.48% | 80.25% | 81.51% | 79.75% | 77.44% | 77.93% | 77.06% | 78.75% |
Avg DTI (debt to income) | 36.70 | 35.16 | 34.13 | 33.90 | 36.54 | 33.84 | 33.46 | 34.68 | 33.96 |
% First time homebuyer | 33.72% | 24.91% | 24.38% | 24.27% | 27.14% | 23.45% | 25.15% | 25.41% | 27.11% |
Avg mortgage insurance % | 11.48% | 11.58% | 11.65% | 12.19% | 11.22% | 11.22% | 10.70% | 8.24% | 9.06% |
Best Mortgage Brokers around Newcomb, Maryland 21653
For those searching for a new home in Newcomb, we have compiled a list of the top mortgage brokers located in and around Newcomb, Maryland 21653 to assist you with your search.
Name
Address
Contact
Ability Mortgage Group
312 Hemsley Dr
Queenstown MD 21653
(410) 827-5111
sales@abilitymortgagegroup.com
Community Bank Mortgage
312 Main St
Preston MD 21653
(410) 673-1199
Equity Source
173 Sassafras St
Millington MD 21653
(410) 928-5800
Mariner Finance
1423 Dual Hwy
Hagerstown MD 21653
(301) 714-1550
contactus@marinerfinance.com
Equity Commerce
18223 Shawley Dr
Hagerstown MD 21653
(301) 790-3444
notifications@equitycommerce.com
Address
312 Hemsley Dr
Queenstown MD
Contact
(410) 827-5111
sales@abilitymortgagegroup.com
Address
312 Main St
Preston MD
Contact
(410) 673-1199
Address
173 Sassafras St
Millington MD
Contact
(410) 928-5800