Compare Today’s Mortgage Rates for Ridge, Maryland
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Ridge, Maryland 20680. 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 $26,855 or $75 / month in Ridge and surrounding areas of Saint Marys 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 Ridge, Maryland 20680.
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Summary of Average Mortgage Terms in Ridge, Maryland 20680
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Ridge, MD
To forecast and predict mortgage rates in Ridge, MD 20680, 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.
Historical Mortgage Rates for Ridge, Maryland 20680 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Ridge, Maryland and around Saint Marys 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 | 93.98% | 93.34% | 93.67% | 93.34% | 94.31% | 94.07% | 94.70% | 93.63% |
| avg mortgage rate | 4.87% | 4.62% | 3.86% | 3.95% | 4.44% | 4.07% | 3.87% | 4.10% |
| % 15 year fixed mortgage | 4.92% | 5.30% | 5.48% | 6.05% | 4.97% | 4.91% | 4.52% | 5.48% |
| avg mortgage rate | 4.36% | 3.95% | 3.20% | 3.11% | 3.45% | 3.24% | 3.06% | 3.19% |
| Avg credit score | 766.33 | 766.84 | 765.38 | 760.39 | 758.08 | 758.77 | 760.52 | 767.42 |
| Avg LTV (loan to value) | 75.39% | 76.40% | 78.84% | 80.17% | 79.51% | 79.99% | 81.27% | 81.07% |
| Avg DTI (debt to income) | 33.30 | 33.68 | 33.32 | 34.44 | 35.23 | 35.91 | 35.78 | 35.77 |
| % First time homebuyer | 33.03% | 30.79% | 32.58% | 39.29% | 41.05% | 41.58% | 37.49% | 38.96% |
| Avg mortgage insurance % | 3.95% | 5.15% | 8.03% | 9.83% | 9.45% | 10.35% | 11.96% | 11.82% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Ridge, Maryland 20680
If you’re looking to buy a new home in Ridge, we have compiled a list of the leading mortgage brokers around Ridge, Maryland 20680 to help you with your search.
Name
Address
Contact
First Choice Mortgage
13966 Solomons Island Rd S
Solomons MD 20680
(410) 326-5014
Equity Resource
4821 Saint Leonard Rd
Saint Leonard MD 20680
(410) 586-1111
http://www.callequity.net/
Ireland Mortgage Solutions
815 Dalrymple Rd
Sunderland MD 20680
(410) 286-9522
http://irelandms.com
Mortgage Experts
1401 Mercantile Ln
Upper Marlboro MD 20680
(301) 341-2200
Zion Mortgage
10800 Hanna St
Beltsville MD 20680
(240) 473-1175
Address
13966 Solomons Island Rd S
Solomons MD
Contact
(410) 326-5014
Address
4821 Saint Leonard Rd
Saint Leonard MD
Contact
(410) 586-1111
http://www.callequity.net/
Address
815 Dalrymple Rd
Sunderland MD
Contact
(410) 286-9522
http://irelandms.com