Compare Today’s Mortgage Rates for Trappe, Maryland
Pureloan searches mortgage lenders and major banks in Trappe, Maryland 21673 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 $10,850 or $30 / month is expected in Trappe and other areas of Talbot county.
Pureloan’s search engine explores all home mortgage options in Trappe, Maryland 21673, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Trappe, Maryland 21673
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Interactive Mortgage Rate Projections for Trappe, MD
To forecast and predict mortgage rates in Trappe, MD 21673, 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 Trappe, Maryland 21673 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Trappe, Maryland and around Talbot 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 Trappe, Maryland 21673
If you’re looking to buy a new home in Trappe, we have compiled a list of the leading mortgage brokers around Trappe, Maryland 21673 to help you with your search.
Mariner Finance
1423 Dual Hwy
Hagerstown MD 21673
(301) 714-1550
contactus@marinerfinance.com
Equity Commerce
18223 Shawley Dr
Hagerstown MD 21673
(301) 790-3444
notifications@equitycommerce.com
Midatlantic Farm Credit
1260 Maryland Ave
Hagerstown MD 21673
(301) 797-5151
support@mafc.com
OneMain Financial
122 Railway Ln
Hagerstown MD 21673
(301) 790-4949
http://branches.onemainfinancial.com/md/hagerstown/122-railway-lane.html
First Home Mortgage
1825 Howell Rd
Hagerstown MD 21673
(240) 420-5300
spierpont@gofirsthome.com
Address
1423 Dual Hwy
Hagerstown MD
Contact
(301) 714-1550
contactus@marinerfinance.com
Address
18223 Shawley Dr
Hagerstown MD
Contact
(301) 790-3444
notifications@equitycommerce.com
Address
1260 Maryland Ave
Hagerstown MD
Contact
(301) 797-5151
support@mafc.com