Compare Today’s Refinance Rates for Big Pool, Maryland 21711

Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Big Pool, Maryland 21711.

Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Big Pool, Maryland 21711. For 30-year amortization refinancing, you can expect lifetime cash savings of $39,375 or $109 per month in Big Pool and other parts of Washington county.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

39.645685 -78.010449 8598

Summary of Average Refinances in Big Pool, Maryland 21711

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Refinance Rate Projections for Big Pool, Maryland 21711

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to monitor the five largest local lenders in Big Pool, MD 21711, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.

Local Refinance Rates in Big Pool, Maryland 21711

Big Pool is an unincorporated community and census-designated place in western Washington County, Maryland, United States. Its population was 82 as of the 2010 census. It is between Clear Spring, Maryland and Hancock, Maryland along Interstate 70 and is officially a part of the Hagerstown Metropolitan Area. Read more

Big Pool is an unincorporated community and census-designated place in western Washington County, Maryland, United States. Its population was 82 as of the 2010 census. It is between Clear Spring, Maryland and Hancock, Maryland along Interstate 70 and is officially a part of the Hagerstown Metropolitan Area.

To the south of Big Pool lies Fort Frederick State Park, a restored fort used during the French and Indian War. Also nearby is the Chesapeake and Ohio Canal National Historical Park, which lies near Ft. Frederick alongside the Potomac River.

Big Pool is also the name of a large body of water which is part of the Chesapeake and Ohio Canal. This pool occurs roughly at the 113 mile mark, and it is on what the canallers called the 14 mile level. Read less

Historical Refinance Rates in Big Pool, Maryland 21711 from 2024 - 2016

The following historical data provides insights into refinancing trends in Big Pool, Maryland and the surrounding Washington 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 92.59% 58.05% 65.42% 66.72% 69.80% 63.24% 61.54% 65.43% 66.39%
avg refi rate 5.88% 3.47% 2.91% 3.20% 4.07% 4.54% 4.09% 3.89% 4.08%
% 15 year fixed refinance 3.70% 21.09% 18.79% 18.51% 17.52% 26.47% 27.59% 21.31% 22.48%
avg refi rate 5.13% 2.59% 2.41% 2.73% 3.46% 3.80% 3.26% 3.12% 3.26%
Avg credit score 754.59 745.94 757.91 763.48 757.36 753.91 750.58 758.96 757.61
Avg LTV (loan to value) 64.63% 64.69% 69.28% 73.02% 75.06% 68.02% 72.52% 73.33% 73.34%
Avg DTI (debt to income) 35.37 33.08 31.43 31.85 34.04 33.14 33.39 31.87 31.93
Avg refinance insurance % 6.81% 1.51% 3.45% 5.58% 8.32% 3.86% 5.52% 5.94% 5.70%

Source: Financial Report of the US Government

Best Refinance Brokers around Big Pool, Maryland 21711

If you are considering refinancing your mortgage or obtaining a cash-out refinance in Big Pool, Maryland 21711, we have compiled a list of top refinance brokers to assist you in the process.

Name
Address
Contact

Tommy Meikle-John

Loan Officer

108 W Ridgeville Blvd Ste 201

Mount Airy, MD 21711

(301) 829-7878

tommymeiklejohn@cmsapproved.com

Dan

Loan Officer

602 Center St Ste 103

Mount Airy, MD 21711

(301) 829-5325

dan@communitymortgage4u.com

Denise Trout

Loan Officer

213 Main St

New Windsor, MD 21711

(410) 635-6406

dtrout@newwindsorbank.com

Linda Eberhart

Loan Officer

213 Main St

New Windsor, MD 21711

(410) 635-6406

leberhart@newwindsorbank.com

Melissa Drivers-Reed

Loan Officer

213 Main St

New Windsor, MD 21711

(410) 635-6406

mreed@newwindsorbank.com

Address

108 W Ridgeville Blvd Ste 201

Mount Airy, MD

Contact

(301) 829-7878

Fax (301) 639-0804

tommymeiklejohn@cmsapproved.com

Address

602 Center St Ste 103

Mount Airy, MD

Contact

(301) 829-5325

Fax (301) 639-0804

dan@communitymortgage4u.com

Address

213 Main St

New Windsor, MD

Contact

(410) 635-6406

Fax (301) 639-0804

dtrout@newwindsorbank.com

Refinancing News for Big Pool, Maryland 21711