Compare Today’s Refinance Rates for Templeville, Maryland 21670
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Templeville, Maryland 21670.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $43,575 over the lifetime of your mortgage, which translates to a monthly savings of $121 in Templeville and other areas of Caroline 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 Templeville, Maryland 21670
Become a certified mortgage expert on Pureloan.com
in Templeville, Maryland 21670
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Templeville, Maryland 21670
Pureloan has developed an interactive chart to monitor the five largest local lenders in Templeville, MD 21670, 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 Templeville, Maryland 21670 from 2024 - 2016
The following historical data provides insights into refinancing trends in Templeville, Maryland and the surrounding Caroline 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 Templeville, Maryland 21670
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Templeville, Maryland 21670, we have compiled a list of top refinance brokers to assist you in the process.
Tommy Meikle-John
Loan Officer
108 W Ridgeville Blvd Ste 201
Mount Airy, MD 21670
(301) 829-7878
tommymeiklejohn@cmsapproved.com
Dan
Loan Officer
602 Center St Ste 103
Mount Airy, MD 21670
(301) 829-5325
dan@communitymortgage4u.com
Denise Trout
Loan Officer
213 Main St
New Windsor, MD 21670
(410) 635-6406
dtrout@newwindsorbank.com
Linda Eberhart
Loan Officer
213 Main St
New Windsor, MD 21670
(410) 635-6406
leberhart@newwindsorbank.com
Melissa Drivers-Reed
Loan Officer
213 Main St
New Windsor, MD 21670
(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