Compare Today’s Mortgage Rates for Scotland, Maryland
Pureloan searches mortgage lenders and major banks in Scotland, Maryland 20687 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 $23,032 or $64 / month is expected in Scotland and other areas of Saint Marys county.
Pureloan’s search engine explores all home mortgage options in Scotland, Maryland 20687, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
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Summary of Average Mortgage Terms in Scotland, Maryland 20687
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Scotland, MD
To forecast and predict mortgage rates in Scotland, MD 20687, 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 Scotland, Maryland 20687 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Scotland, 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 Scotland, Maryland 20687
If you’re looking to buy a new home in Scotland, we have compiled a list of the leading mortgage brokers around Scotland, Maryland 20687 to help you with your search.
Name
Address
Contact
Wells Fargo Home Mortgage
10665 Stanhaven Pl
White Plains MD 20687
(301) 843-2480
http://www.wellsfargo.com/mortgage/
Prospect Mortgage
10665 Stanhaven Pl
White Plains MD 20687
(301) 638-9041
Southern Trust Mortgage
10665 Stanhaven Pl
White Plains MD 20687
(301) 374-2023
info@southerntrust.org.nz
Franklin American Mortgage Company
4475 Regency Pl
White Plains MD 20687
(301) 705-7630
Mortgage Experts
1401 Mercantile Ln
Upper Marlboro MD 20687
(301) 341-2200
Address
10665 Stanhaven Pl
White Plains MD
Contact
(301) 843-2480
http://www.wellsfargo.com/mortgage/
Address
10665 Stanhaven Pl
White Plains MD
Contact
(301) 638-9041
Address
10665 Stanhaven Pl
White Plains MD
Contact
(301) 374-2023
info@southerntrust.org.nz