Compare Today’s Mortgage Rates for Westover, Maryland
Pureloan searches mortgage lenders and major banks in Westover, Maryland 21871 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 $14,031 or $39 / month is expected in Westover and other areas of Somerset county.
Pureloan’s search engine explores all home mortgage options in Westover, Maryland 21871, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Westover, Maryland 21871
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Interactive Mortgage Rate Projections for Westover, MD
To forecast and predict mortgage rates in Westover, MD 21871, 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 Westover, Maryland 21871 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Westover, Maryland and around Somerset 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 Westover, Maryland 21871
If you’re looking to buy a new home in Westover, we have compiled a list of the leading mortgage brokers around Westover, Maryland 21871 to help you with your search.
PrimeLending, A PlainsCapital Company
801 E Pulaski Hwy
Elkton MD 21871
(210) 441-3490
http://lo.primelending.com/elkton
Wells Fargo Home Mortgage
116 E Pulaski Hwy
Elkton MD 21871
(410) 392-4878
http://www.wellsfargo.com/mortgage/
Wells Fargo Home Mortgage
206 South St
Elkton MD 21871
(410) 398-1493
robert.maund@abbotdowning.com
Cash-N-Go
1197 E Pulaski Hwy
Elkton MD 21871
(443) 485-6731
investorrelations@firstcash.com
Prosperity Mortgage
116 E Pulaski Hwy
Elkton MD 21871
(410) 392-4878
Address
801 E Pulaski Hwy
Elkton MD
Contact
(210) 441-3490
http://lo.primelending.com/elkton
Address
116 E Pulaski Hwy
Elkton MD
Contact
(410) 392-4878
http://www.wellsfargo.com/mortgage/
Address
206 South St
Elkton MD
Contact
(410) 398-1493
robert.maund@abbotdowning.com