Compare Today’s Mortgage Rates in Saint Michaels, Maryland 21663
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Saint Michaels, Maryland 21663.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Saint Michaels, Maryland 21663. For a 30-year fixed loan, our calculations show that you can expect to save up to $10,097 over the lifetime of your mortgage, which translates to a monthly savings of $28 in Saint Michaels and other areas of Talbot county.
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Summary of Average Mortgages in Saint Michaels, Maryland 21663
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Saint Michaels, Maryland 21663
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Saint Michaels, MD 21663. 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 Saint Michaels, Maryland 21663 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Saint Michaels, 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 Saint Michaels, Maryland 21663
For those searching for a new home in Saint Michaels, we have compiled a list of the top mortgage brokers located in and around Saint Michaels, Maryland 21663 to assist you with your search.
Name
Address
Contact
Compass Point Mortgage
202 Saint Claire Pl
Stevensville MD 21663
(410) 643-8188
http://www.compasspointmortgage.com
Tidewater Mortgage Services
415 Thompson Creek Rd
Stevensville MD 21663
(410) 604-0890
Mariner Finance
1423 Dual Hwy
Hagerstown MD 21663
(301) 714-1550
contactus@marinerfinance.com
Equity Commerce
18223 Shawley Dr
Hagerstown MD 21663
(301) 790-3444
notifications@equitycommerce.com
Midatlantic Farm Credit
1260 Maryland Ave
Hagerstown MD 21663
(301) 797-5151
support@mafc.com
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
Address
1423 Dual Hwy
Hagerstown MD
Contact
(301) 714-1550
contactus@marinerfinance.com