Compare Today’s Refinance Rates for Silver Spring, Maryland

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Silver Spring, Maryland 20911. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Silver Spring and surrounding areas of Montgomery county, your expected lifetime cash savings are $36,207 or $101 / month.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Silver Spring, Maryland 20911.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

38.9943 -77.0302

Summary of Average Refinance Terms in Silver Spring, Maryland 20911

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Silver Spring, MD

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Silver Spring, MD 20911, 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 Silver Spring, MD

Refinance Rates for Silver Spring, Maryland 20911 from 2014 - 2021

Below are historical data on refinancing in Silver Spring, 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 Silver Spring, Maryland 20911

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Silver Spring, Maryland 20911, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Sean Watson

Mortgage Consultant

8737 Colesville Road, Suite 201

Silver Spring, MD 20911

(215) 307-5031

sean.watson@phmloans.com

Edward Perez

Mortgage Consultant

8737 Colesville Road, Suite 201

Silver Spring, MD 20911

(301) 337-9570

edward.perez@phmloans.com

Romy Espino

Mortgage Consultant

8737 Colesville Road, Suite 201

Silver Spring, MD 20911

(202) 299-7750

romy.espino@phmloans.com

Dennis Duran

Loan Officer

13311 New Hampshire Ave

Silver Spring, MD 20911

(202) 391-8654

dennis.duran@bankofamerica.com

Wilmer Palacios

Loan Officer

10230 New Hampshire Avenue

Silver Spring, MD 20911

(301) 213-7239

wilmer.palacios@bankofamerica.com

Address

8737 Colesville Road, Suite 201

Silver Spring, MD

Contact

(215) 307-5031

Fax (301) 639-0804

sean.watson@phmloans.com

Address

8737 Colesville Road, Suite 201

Silver Spring, MD

Contact

(301) 337-9570

Fax (301) 639-0804

edward.perez@phmloans.com

Address

8737 Colesville Road, Suite 201

Silver Spring, MD

Contact

(202) 299-7750

Fax (301) 639-0804

romy.espino@phmloans.com

Refinancing News for Silver Spring, Maryland 20911

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