If you are thinking of buying a home in Maryland, you will have some of Old Line State’s 2.4 million housing units From which to choose. Homemade at a rate of 67%, according to the US Census Bureau 2018 American Community SurveyThe majority of Maryland’s 6 million residents own homes.
The state’s median housing price is $ 324,800, significantly higher than the national average of $ 229,700. Because home values vary by region, some counties in Maryland have median home prices that can reach the $ 476,500 limit.
What are the mortgage rates in Maryland?
House interest rates Range from 2.38% Service 4.5% In Maryland.
What are today’s mortgage rates?
By locking in a low mortgage rate today, you can save thousands over the life of your loan. Compare your mortgage rate offers with national average trends.
Rate of this week
Last week rate
|30-Year Fixed Rate Mortgage||2.87%||2.9%|
|15-Year Fixed Rate Mortgage||2.34%||2.38%|
|30-Year Fixed-Rate Jumbo Mortgage||2.89%||2.93%|
|5/1 Jumbo ARM||2.86%||2.85%|
* Rates for January 1, 2021
US News’ Best Maryland Mortgage Lenders
Methodology: US News conducted an in-depth review of major direct mortgage lenders in Maryland. The research was based on program availability, customer satisfaction ratings, and qualification requirements. Because each consumer has different needs, the top finishers were chosen in several key areas.
Before you apply
- Mortgage Type: ARM, Traditional, FHA, Refinance, USDA and VA
- Minimum FICO Credit Score: 660
- Maximum loan amount: $ 1.5 million
- Better Business Bureau Rating: A +