Compare Today’s Refinance Rates for Potomac, Maryland

Our search engine analyzes refinance lenders to give you the best real-time home refi rates for Potomac, Maryland 20859. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing, expect lifetime cash savings are $34,073 or $95 / month in Potomac and other areas of Montgomery county.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Potomac, Maryland 20859.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

39.018056 -77.208889

Summary of Average Refinance Terms in Potomac, Maryland 20859

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Potomac, MD

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Potomac, MD 20859, Pureloan has created an interactive chart to track the 5 largest local lenders for refi's and cash-out's. Historical rates are based on closed refinancings, and projections are based on proprietary modeling.

Local Refinance Rates for Potomac, MD

Refinance Rates for Potomac, Maryland 20859 from 2014 - 2021

Below are historical data on refinancing in Potomac, Maryland and around Montgomery county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2014 2015 2016 2017 2018 2019 2020 2021
% 30 year fixed refinance 65.54% 59.87% 62.80% 69.82% 72.05% 72.61% 71.19% 60.21%
avg refi rate 4.78% 4.44% 3.89% 3.70% 4.47% 4.04% 3.84% 3.93%
% 15 year fixed refinance 25.80% 29.18% 26.67% 23.70% 20.29% 19.64% 20.49% 31.56%
avg refi rate 4.22% 3.70% 3.22% 2.94% 3.48% 3.18% 3.00% 3.09%
Avg credit score 774.46 773.03 773.57 766.77 753.93 760.55 762.35 758.23
Avg LTV (loan to value) 62.38% 64.31% 65.23% 67.28% 71.35% 71.97% 71.95% 69.84%
Avg DTI (debt to income) 29.82 30.57 30.16 30.55 33.50 33.00 32.84 33.34
Avg refinance insurance % 0.67% 1.18% 1.67% 2.94% 3.75% 4.52% 5.09% 5.07%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Potomac, Maryland 20859

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Potomac, Maryland 20859, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Michael Joseph

Mortgage Consultant

10200 River Road

Potomac, MD 20859

(240) 832-6600

michael.joseph@phmloans.com

Patrick Hooper

Mortgage Consultant

10200 River Road

Potomac, MD 20859

(301) 437-4667

patrick.hooper@phmloans.com

Raj Mahajan

Mortgage Banker

12505 Park Potomac Ave Ste 510

Potomac, MD 20859

(301) 738-7200

rmahajan@eaglebankcorp.com

Paul Hornyak

Mortgage Banker

12505 Park Potomac Ave Ste 510

Potomac, MD 20859

(301) 738-7200

phornyak@eaglebankcorp.com

Paul Harsanyi

Mortgage Banker

12505 Park Potomac Ave Ste 510

Potomac, MD 20859

(301) 738-7200

paulh@eaglebankcorp.com

Address

10200 River Road

Potomac, MD

Contact

(240) 832-6600

Fax (301) 639-0804

michael.joseph@phmloans.com

Address

10200 River Road

Potomac, MD

Contact

(301) 437-4667

Fax (301) 639-0804

patrick.hooper@phmloans.com

Address

12505 Park Potomac Ave Ste 510

Potomac, MD

Contact

(301) 738-7200

Fax (301) 639-0804

rmahajan@eaglebankcorp.com

Refinancing News for Potomac, Maryland 20859

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