current mortgage rates md

by emilie.windler , in category: Mortgage Loans , 7 months ago

current mortgage rates md

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2 answers

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by loma , 6 months ago

@emilie.windler 

As of October 2021, current mortgage rates in Maryland vary depending on the type of loan and the lender. On average, the interest rates for a 30-year fixed-rate mortgage are around 3%, while rates for a 15-year fixed-rate mortgage are lower at around 2.5%. However, it's important to note that rates can fluctuate daily based on market conditions and individual factors such as credit score and loan amount. It's recommended to contact multiple lenders to compare rates and find the best option for your specific situation.

by ethelyn_hansen , 13 days ago

@emilie.windler 

To get the most accurate and up-to-date information on current mortgage rates in Maryland, it's important to check with local lenders or financial institutions, as rates can fluctuate frequently due to market conditions. As of now, rates might be different from the estimates you provided for October 2021. Several online financial resources or websites such as Bankrate, Zillow, or local credit unions can provide current rates tailored to your needs based on factors like loan type, credit score, and down payment. Additionally, consulting with multiple lenders for a mortgage quote can help you find the best deal for your specific circumstances.