Compare Today’s Mortgage Rates for Preston, Maryland

Pureloan searches mortgage lenders and major banks in Preston, Maryland 21655 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $16,495 or $46 / month is expected in Preston and other areas of Caroline county.

Pureloan’s search engine explores all home mortgage options in Preston, Maryland 21655, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

38.746456 -75.916284

Summary of Average Mortgage Terms in Preston, Maryland 21655

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Preston, MD

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Preston, MD 21655, 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 Preston, MD

Historical Mortgage Rates for Preston, Maryland 21655 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Preston, Maryland and around Caroline 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 Preston, Maryland 21655

If you’re looking to buy a new home in Preston, we have compiled a list of the leading mortgage brokers around Preston, Maryland 21655 to help you with your search.

Name
Address
Contact

Community Bank Mortgage

312 Main St

Preston MD 21655

(410) 673-1199

Compass Point Mortgage

202 Saint Claire Pl

Stevensville MD 21655

(410) 643-8188

http://www.compasspointmortgage.com

Tidewater Mortgage Services

415 Thompson Creek Rd

Stevensville MD 21655

(410) 604-0890

Mariner Finance

1423 Dual Hwy

Hagerstown MD 21655

(301) 714-1550

contactus@marinerfinance.com

Equity Commerce

18223 Shawley Dr

Hagerstown MD 21655

(301) 790-3444

notifications@equitycommerce.com

Address

312 Main St

Preston MD

Contact

(410) 673-1199

Address

202 Saint Claire Pl

Stevensville MD

Contact

(410) 643-8188

http://www.compasspointmortgage.com

Address

415 Thompson Creek Rd

Stevensville MD

Contact

(410) 604-0890

News on Mortgages and Reverse Mortgages for Preston, Maryland 21655