Compare Today’s Refinance Rates for Marion Station, Maryland 21838
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Marion Station, Maryland 21838.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Marion Station, Maryland 21838. For 30-year amortization refinancing, you can expect lifetime cash savings of $4,726 or $13 per month in Marion Station and other parts of Somerset county.
Summary of Average Refinances in Marion Station, Maryland 21838
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Interactive Refinance Rate Projections for Marion Station, Maryland 21838
Pureloan has developed an interactive chart to monitor the five largest local lenders in Marion Station, MD 21838, 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 Marion Station, Maryland 21838 from 2024 - 2016
The following historical data provides insights into refinancing trends in Marion Station, Maryland and the surrounding Somerset 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% | 58.33% | 57.11% | 54.44% | 52.54% | 56.82% | 49.70% | 55.67% | 54.00% |
avg refi rate | 6.20% | 3.56% | 2.98% | 3.26% | 4.28% | 4.59% | 4.12% | 3.92% | 4.06% |
% 15 year fixed refinance | 26.33% | 27.95% | 30.31% | 30.51% | 30.68% | 38.18% | 33.50% | 37.33% | |
avg refi rate | 2.65% | 2.52% | 2.85% | 3.56% | 3.85% | 3.34% | 3.15% | 3.32% | |
Avg credit score | 748.36 | 749.18 | 757.89 | 764.56 | 762.64 | 754.02 | 747.04 | 761.55 | 761.33 |
Avg LTV (loan to value) | 67.64% | 59.79% | 66.17% | 70.20% | 71.21% | 67.40% | 70.77% | 69.53% | 68.69% |
Avg DTI (debt to income) | 37.82 | 33.79 | 33.13 | 32.32 | 33.64 | 35.06 | 34.78 | 31.92 | 33.09 |
Avg refinance insurance % | 5.64% | 1.08% | 1.88% | 3.06% | 3.41% | 3.25% | 4.54% | 3.36% | 2.61% |
Best Refinance Brokers around Marion Station, Maryland 21838
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Marion Station, Maryland 21838, we have compiled a list of top refinance brokers to assist you in the process.
Norman Tucker
Loan Officer
12507 Sunset Ave # 0
Ocean City, MD 21838
(410) 213-8511
normantucker@atlanticcoastalmtg.com
Pam Rocco
Mortgage Loan Officer
3409 Coastal Hwy Ste 1
Ocean City, MD 21838
(410) 289-2151
pam.rocco@pncmortgage.com
Ned Delaney
Loan Officer
6200 Coastal Hwy
Ocean City, MD 21838
(410) 991-7567
ndelaney@gofirsthome.com
Ted Gosnell
Loan Officer
6200 Coastal Hwy
Ocean City, MD 21838
(443) 614-6286
tgosnell@gofirsthome.com
Kari Story
Loan Officer
6200 Coastal Hwy
Ocean City, MD 21838
(443) 614-6286
kstory@gofirsthome.com
Address
12507 Sunset Ave # 0
Ocean City, MD
Contact
(410) 213-8511
Fax (301) 639-0804
normantucker@atlanticcoastalmtg.com
Address
3409 Coastal Hwy Ste 1
Ocean City, MD
Contact
(410) 289-2151
Fax (301) 639-0804
pam.rocco@pncmortgage.com
Address
6200 Coastal Hwy
Ocean City, MD
Contact
(410) 991-7567
Fax (301) 639-0804
ndelaney@gofirsthome.com