Current Maryland Mortgage Rates
Average market rates for 12-04-2023 in Maryland are 6.975% for 30 Year Fixed Purchase and 7.06% for 30 Year Fixed Refinance
| Date | Product | Rate |
|---|
| 12-04-2023 | 30 Year Fixed Purchase | 6.975% |
| 12-04-2023 | 30 Year Fixed Refinance | 7.06% |
Mortgage Rate Trends in Maryland
Maryland Purchase Rates
| Date | Product | Rate |
|---|
| 12-04-2023 | 15 Year Fixed Purchase | 6.207% |
| 12-04-2023 | 15 Year fixed Jumbo Purchase | 6.769% |
| 12-04-2023 | 30 Year Fixed Purchase | 6.975% |
| 12-04-2023 | 30 Year Fixed Jumbo Purchase | 7.481% |
Maryland Refinance Rates
| Date | Product | Rate |
|---|
| 12-04-2023 | 15 Year Fixed Refinance | 6.203% |
| 12-04-2023 | 15 Year fixed Jumbo Refinance | 6.74% |
| 12-04-2023 | 30 Year Fixed Refinance | 7.06% |
| 12-04-2023 | 30 Year Fixed Jumbo Refinance | 7.559% |
Maryland ARM Rates
| Date | Product | Rate |
|---|
| 12-04-2023 | 5/6 ARM SOFR Purchase | 7.225% |
| 12-04-2023 | 5/6 ARM SOFR Refinance | 7.229% |
| 12-04-2023 | 5/6 ARM Jumbo SOFR Purchase | 6.765% |
| 12-04-2023 | 5/6 ARM Jumbo SOFR Refinance | 6.785% |
How we source rates and rate trends
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Rate data in the charts and tables above comes from
RateUpdate.com.
The displayed rates come from multiple providers and represent market averages. Your mortgage rate will differ
based on individual factors like your credit score as well as differing loan types and terms offered by lenders.
Most Common Mortgage Types in Maryland
- Conventional: 53,961 loans
- FHA: 14,837 loans
- USDA: 1,030 loans
- VA: 8,896 loans
Top Purchase Lenders in Maryland by Volume
- First Home Mortgage Corporation: 4,615 loans
- Rocket Mortgage, LLC: 3,151 loans
- Nvr Mortgage Finance, Inc.: 2,480 loans
- Nfm, Inc.: 2,100 loans
- Primary Residential Mortgage, Inc.: 2,072 loans
- Prosperity Home Mortgage, LLC: 1,813 loans
- Towne Bank: 1,768 loans
- Truist Bank: 1,746 loans
- Navy Federal Credit Union: 1,636 loans
- Caliber Home Loans, Inc.: 1,621 loans
Top Refinance Lenders in Maryland by Volume
- Rocket Mortgage, LLC: 1,524 loans
- PNC Bank: 1,285 loans
- Pennymac Loan Services, LLC: 932 loans
- Truist Bank: 888 loans
- Wells Fargo Bank: 730 loans
- Nationstar Mortgage LLC: 641 loans
- Manufacturers And Traders Trust Company: 587 loans
- Freedom Mortgage Corporation: 565 loans
- Bank Of America: 518 loans
- First National Bank Of Pennsylvania: 414 loans
Top Cash-Out Refinance Lenders in Maryland by Volume
- Rocket Mortgage, LLC: 4,769 loans
- Loandepot.com, LLC: 1,220 loans
- Nationstar Mortgage LLC: 1,185 loans
- Freedom Mortgage Corporation: 1,072 loans
- Wells Fargo Bank: 982 loans
- Pennymac Loan Services, LLC: 874 loans
- State Employees Credit Union Of Maryland, Incorporated: 803 loans
- Navy Federal Credit Union: 717 loans
- Newrez LLC: 536 loans
- Amerisave Mortgage Corporation: 489 loans
How we source lender data
