Compare Today’s Refinance Rates for Middle River, Maryland 21220
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Middle River, Maryland 21220.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $9,411 over the lifetime of your mortgage, which translates to a monthly savings of $26 in Middle River and other areas of Baltimore county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in Middle River, Maryland 21220
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Interactive Refinance Rate Projections for Middle River, Maryland 21220
Pureloan has developed an interactive chart to monitor the five largest local lenders in Middle River, MD 21220, 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 Middle River, Maryland 21220 from 2024 - 2016
The following historical data provides insights into refinancing trends in Middle River, Maryland and the surrounding Baltimore 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 Middle River, Maryland 21220
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Middle River, Maryland 21220, we have compiled a list of top refinance brokers to assist you in the process.
Michael Grossblatt
Loan Officer
2809 Boston St
Baltimore, MD 21220
(410) 365-7848
mgrossblatt@gofirsthome.com
Brian Baker
Mortgage Consultant
3301 Boston St Ste 200
Baltimore, MD 21220
(240) 235-5322
bbaker@1stmarinerbank.com
Michael Keehan
Mortgage Consultant
3301 Boston St Ste 200
Baltimore, MD 21220
(866) 490-6437
mkeehan@1stmarinerbank.com
Michael Lozupone
Mortgage Consultant
3301 Boston St Ste 200
Baltimore, MD 21220
(866) 490-6437
mlozupone@1stmarinerbank.com
Charlie Maykrantz
Mortgage Consultant
3301 Boston St Ste 200
Baltimore, MD 21220
(410) 735-2068
cmaykrantz@1stmarinerbank.com
Address
2809 Boston St
Baltimore, MD
Contact
(410) 365-7848
Fax (301) 639-0804
mgrossblatt@gofirsthome.com
Address
3301 Boston St Ste 200
Baltimore, MD
Contact
(240) 235-5322
Fax (301) 639-0804
bbaker@1stmarinerbank.com
Address
3301 Boston St Ste 200
Baltimore, MD
Contact
(866) 490-6437
Fax (301) 639-0804
mkeehan@1stmarinerbank.com