Compare Today’s Refinance Rates for Baltimore, Maryland 21278
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Baltimore, Maryland 21278.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Baltimore, Maryland 21278. For 30-year amortization refinancing, you can expect lifetime cash savings of $6,127 or $17 per month in Baltimore and other parts of Baltimore City county.
Summary of Average Refinances in Baltimore, Maryland 21278
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Interactive Refinance Rate Projections for Baltimore, Maryland 21278
Pureloan has developed an interactive chart to monitor the five largest local lenders in Baltimore, MD 21278, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.
Historical Refinance Rates in Baltimore, Maryland 21278 from 2024 - 2016
The following historical data provides insights into refinancing trends in Baltimore, Maryland and the surrounding Baltimore City county, based on factors such as loan type, credit score, LTV, and other parameters. This data is derived from actual closed home refinancings.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed refinance | 100.00% | 57.29% | 63.08% | 64.17% | 67.63% | 67.03% | 59.52% | 62.28% | 55.61% |
avg refi rate | 6.23% | 3.50% | 2.96% | 3.24% | 4.15% | 4.58% | 4.05% | 3.87% | 4.04% |
% 15 year fixed refinance | 24.62% | 22.45% | 21.83% | 17.92% | 23.08% | 29.17% | 25.88% | 34.22% | |
avg refi rate | 2.75% | 2.47% | 2.83% | 3.49% | 3.86% | 3.24% | 3.11% | 3.34% | |
Avg credit score | 723.00 | 736.87 | 755.40 | 760.67 | 757.86 | 754.40 | 757.15 | 758.33 | 758.98 |
Avg LTV (loan to value) | 62.17% | 60.25% | 66.82% | 69.99% | 68.71% | 67.65% | 69.18% | 68.07% | 68.44% |
Avg DTI (debt to income) | 36.33 | 33.56 | 32.39 | 32.17 | 33.44 | 33.82 | 33.36 | 33.46 | 33.35 |
Avg refinance insurance % | 0.80% | 2.99% | 4.25% | 4.71% | 3.49% | 3.96% | 4.59% | 3.62% |
Best Refinance Brokers around Baltimore, Maryland 21278
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Baltimore, Maryland 21278, we have compiled a list of top refinance brokers to assist you in the process.
Tracy Burke
Mortgage Consultant
5355 Nottingham Drive Suite 130
Baltimore, MD 21278
(410) 933-3100
tburke@firsthome.com
Colin White
Mortgage Loan Officer
1510 Fleet St
Baltimore, MD 21278
(410) 563-4905
colin.white@bbandt.com
Joe Bragg
Sr. Loan Officer
2316 Boston Street, Suite 1
Baltimore, MD 21278
(443) 977-4003
jbragg@primeres.com
Chad Piunti
Loan Officer
2316 Boston Street, Suite 1
Baltimore, MD 21278
(443) 977-4003
cpiunti@primeres.com
Kathleen Lauman
Loan Officer
2316 Boston Street, Suite 1
Baltimore, MD 21278
(443) 977-4003
klauman@primeres.com
Address
5355 Nottingham Drive Suite 130
Baltimore, MD
Contact
(410) 933-3100
Fax (301) 639-0804
tburke@firsthome.com
Address
1510 Fleet St
Baltimore, MD
Contact
(410) 563-4905
Fax (301) 639-0804
colin.white@bbandt.com
Address
2316 Boston Street, Suite 1
Baltimore, MD
Contact
(443) 977-4003
Fax (301) 639-0804
jbragg@primeres.com