Rates us low as

from 4.50% APR

amount of credit

up to $10M

fast & easy loan process

only 15-30 Days

long loan term

up to 40 Years

Mortgage Rate Maryland

Loan Trust informs you of the current mortgage rates in Maryland for the top 25 lenders to compare side by side 30 Year Fixed Rates & 15 Year Fixed Rates.

Most Competitive Rates in 1 Place. Get the Lowest Refinance Mortgage Interest Rates Today in Maryland. Special Offers Just a Click Away! No Hidden Charges or Fees. Get Preapproved Fast. Expert-Picked List. Top Refinancing Options. Side By Side Comparison. Up-To-Date Rates.

Listed below are the top 25 mortgage lender rates you can compare side by side.  Loan Trust offers transparency of the most competitive lenders for you so you don’t have to shop around.  We don’t sell your information to lenders like other company’s who market the best rates.  We actually will allow you see the best rates then we will make the loan for you as your mortgage broker or lender.  This could save you thousands or tens of thousands over the life of your loan. 

Terms for Rates:  The rates below are based on a $300,000 purchase transaction with 20% down to avoid private mortgage insurance.  These rates are based on the borrower having a 740 mortgage credit score. You will see the cost for points if charged and know that 1 point is equivalent to 1% of the loan amount.  

Maryland Mortgage Rates Today Dropping for Home Buyers

FHA loan Florida

Budget-conscious homebuyers scrambled to lock in lower mortgage rates after rates last week experienced their largest single-day drop since 2009.

The volume of purchase mortgage applications increased 4% last week, according to the Mortgage Bankers Association, with the average rate on the 30-year fixed mortgage falling 60 basis points from 7.22% to 6.62% on Thursday, according to Mortgage Daily News, which tracks daily mortgage rates. The dramatic drop followed a decline in bond yields after October’s inflationary reading came in better than expected. With Maryland Mortgage Rates Today dropping, homebuyers are getting off the fence.

Still, economic uncertainty and market volatility prompted some lenders to act conservatively before slashing rates, making it harder for buyers to capitalize on the decline. Learn which are the safe banks to put your money in with strong financials. 

“I got really excited on Friday, my current list of pre-approvals were going to be able to get a point and a half lower,” Adriana Perezchica, president of Via Real Estate Group in Washington State, told Yahoo Money. “But that all changed yesterday morning when my loan officer texted me she was afraid that interest rates will go back up this week.”

Last Thursday, Freddie Mac’s weekly rate survey, which captures rates from Monday to Wednesday and compares them with the previous week, reported that the average 30-year mortgage had topped 7%.

The report came on the same day the government released new consumer prices data — which showed inflation cooling — causing the yield on the 10-year Treasury to plunge by more than 32 basis points to 3.816%, below its recent average of 4%. Mortgage rates, which track the direction of the yield, soon followed, though most lenders “partially passed along” that decline, according to Keith Gumbinger, vice president of HSH.com.

“From what I can tell, that’s what’s happening at the moment,” Gumbinger told Yahoo Money last week. “If the Treasury rally proves more durable, mortgage rates could ease a bit from there… but there’s no way to know that at present.”

Since then, rates have moved sideways. As of Wednesday, rates had edged up to 6.64%, according to Mortgage Daily News. Still, it can be expensive for lenders to pass on all of those savings, especially if rates rise again.

LenderRateAPRMonthly Payment P/IPointsToday's Mortgage Rates in AS OF May 24, 2024


NMLS #399802

6.000%


Loan Type 30 Year Fixed

6.769%

$1,597

Points .968

Cost $2,323

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #3030

6.000%


Loan Type 30 Year Fixed

6.765%

$1,597

Points 2.125

Cost $5,100

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #399801

6.200%


Loan Type 30 Year Fixed

6.883%

$1,629

Points 1.000

Cost $2,400

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time


NMLS #3821

5.500%


Loan Type 30 Year Fixed

5.589%

$1,517

Points 1.000

Cost $2,400

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #7872

6.000%


Loan Type 30 Year Fixed

6.749%

$1,597

Points 0.378

Cost $907

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #9612

6.000%


Loan Type 30 Year Fixed

6.359%

$1,597

Points 0.272

Cost $653

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time


NMLS #3038

5.500%


Loan Type 30 Year Fixed

5.684%

$1,517

Points: 1.000

Cost $2,400

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #303203

6.000%


Loan Type 30 Year Fixed

6.339%

$1,597

Points: .645

Cost $1,548

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #144760

6.000%


Loan Type 30 Year Fixed

6.399%

$1,597

Points: .426

Cost $1,022

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #1907538

6.000%


Loan Type 30 Year Fixed

6.852%

$1,597

Points: .225

Cost $540

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #411341

6.000%


Loan Type 30 Year Fixed

6.459%

$1,597

Points: .400

Cost $960

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #66247

6.000%


Loan Type 30 Year Fixed

6.992%

$1,597

Points: .546

Cost $1,310

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #790396

6.000%


Loan Type 30 Year Fixed

6.658%

$1,597

Points: .517

Cost $1,241

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #174457

6.000%


Loan Type 30 Year Fixed

6.861%

$1,597

Points: .633

Cost $1,519

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #53112

6.000%


Loan Type 30 Year Fixed

6.789%

$1,597

Points: .488

Cost $1,171

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #2143

6.000%


Loan Type 30 Year Fixed

6.785%

$1,597

Points: .512

Cost $1,229

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #3925

6.000%


Loan Type 30 Year Fixed

6.798%

$1,597

Points: .836

Cost $2,006

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #1121650

6.000%


Loan Type 30 Year Fixed

6.874%

$1,597

Points: .470

Cost $1,128

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #75243

6.000%


Loan Type 30 Year Fixed

6.812%

$1,597

Points: .367

Cost $881

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #1168

6.000%


Loan Type 30 Year Fixed

6.983%

$1,597

Points: .619

Cost $1,486

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #3277

6.000%


Loan Type 30 Year Fixed

6.841%

$1,597

Points: .837

Cost $2,009

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #81386

6.000%


Loan Type 30 Year Fixed

6.483%

$1,597

Points: .796

Cost $1,910

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #937783

6.000%


Loan Type 30 Year Fixed

6.479%

$1,597

Points: .405

Cost $972

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

NMLS #433960

6.000%


Loan Type 30 Year Fixed

6.720%

$1,597

Points: .931

Cost $2,234

Click Here to See Current Mortgage Rates Today & Payments Based On Your Credit Score & Loan Amount in Real Time

Current Mortgage Rates Maryland

Maryland mortgage rates are an important consideration for anyone looking to purchase a home in the state. When it comes to mortgage rates in Maryland, there are several factors to consider, including refinance rates, jumbo loan rates, closing costs, and the Maryland Mortgage Program. One of the most critical factors in determining mortgage rates in Maryland is the average mortgage rate, which is the interest rate on a 30-year fixed mortgage. The average mortgage rate in Maryland is influenced by several factors, including the state’s economy, inflation, and the national interest rate.

When refinancing a mortgage in Maryland, it’s important to consider the MD refinance rates. Refinancing is the process of paying off an existing mortgage with a new loan with different terms. Refinancing can help lower monthly payments, reduce interest rates, or change the length of the loan. Refinance rates in Maryland can be influenced by the current state of the economy, the credit score of the borrower, and the type of loan being refinanced.

Jumbo loans are another consideration when it comes to mortgage rates in Maryland. A jumbo loan is a mortgage loan that exceeds the conventional conforming loan limits set by Fannie Mae and Freddie Mac. Jumbo loan rates in Maryland are often higher than conventional loan rates due to the increased risk associated with larger loan amounts. Lenders may also require higher down payments, stricter credit requirements, and additional documentation for jumbo loans.

When comparing mortgage rates in Maryland, it’s essential to consider the annual percentage rate (APR) in addition to the interest rate. The APR includes all additional fees and charges associated with the loan, including closing costs. Closing costs can vary significantly from lender to lender, so it’s important to compare costs and find the best deal.

The Maryland Mortgage Program is an initiative designed to assist first-time homebuyers with low-interest rates and down payment assistance. The program offers several different loan options, including conventional loans, FHA loans, VA loans, and USDA loans. The program can be a great option for those who qualify, as it can help reduce the cost of homeownership.

Lenders also consider the borrower’s debt-to-income ratio when deciding whether to approve a mortgage loan. The debt-to-income ratio is the percentage of a borrower’s monthly income that goes towards paying off debt. A lower debt-to-income ratio is generally seen as more favorable and can result in lower interest rates.

Overall, when it comes to mortgage rates in Maryland, it’s essential to compare rates from multiple lenders and consider all factors, including the type of loan, closing costs, and the Maryland Mortgage Program. By doing so, potential homeowners can find the best deal and save money in the long run.  

Baltimore mortgage rates are currently a hot topic for homeowners and prospective buyers. Understanding mortgage rates in Baltimore is crucial for making informed financial decisions. For those considering refinancing, it’s essential to stay updated on refinance rates in Baltimore to secure the best deal. Maryland mortgage rate trends can offer valuable insights into the future direction of interest rates. Adjustable rate mortgages are another option that borrowers might consider, as these can affect mortgage rates over time. Keeping an eye on these trends can help ensure you’re getting the best possible rate for your mortgage needs.

Other Loan Programs

Florida dscr loan

our services

Find Loan Products We Offer

01. Buying a Home

We reward money-saving real estate program for home buyers applying for a home loan…

We reward money-saving real estate program for home buyers…

02. Refinancing

Our clients love our refinance programs as rates change quickly during the home loan process…

We refinance our clients as rates change quickly and…

03. Credit Service

Credit is a crucial financial instrument used to help clients when applying for a home loan…

Credit is a financial instrument used to help clients…

Play Video

After 31 years, we’re still passionate about achieving better results for our clients

We constantly work on delivering the best mortgage loan services to our clients. Our loan officers will walk you through every step of the loan application and approval process – from answering questions, to closing your loan quickly.

calculator

what people are saying

Some of our Awesome Testimonials & Reviews

Zillow client reviews
Loan Trust professionalism, knowledge and anytime access made my experience seamless and pleasant. I will certainly recommend your service...
Mortgage Client Refinance
Zillow client reviews
These guys are great! Me and my wife are very satisfied with all the services we got. I’m definitely recommending Loan Trust...
Building Bridges to Home Ownership
Zillow client reviews
My situation was rather unique, but he was exceedingly knowledgeable on how to get me the home loan I needed...
Dedicated, Assiduous & Professional
Zillow client reviews
My experience with my loan officer Andre Little and Loan Trust, since the initial conversation with Andre, I knew he would help with my refinancing process....
Great Experience
Zillow client reviews
I would recommend Loan Trust to anyone, who is looking for a fast, efficient and seamless process of purchasing a home or rental property. Andre was always available...
Fast & Efficient
Zillow client reviews
I highly recommend Andre if your refinancing or purchasing a new home. With his expertise and advice, you can't go wrong! I can't count the number of times I had question...
Highly Recommend - Without Hesitation
current mortgage rates Tampa FL

download our app

Speed Up the Home Loan Application Process

Stay tuned for the hottest news and the latest updates! With our app you will always have a chance to see new offers and loan rate changes.  Get tips on how to apply for a home loan and down payment assistance programs. Use Loan Trust App an stay mobile and trendy!

1993

Year of Foundation

13,426

Issued Loans

75+

Mortgage Loan Programs

11,893

Happy Clients

our services

Applying For A Home Loan Is A Fast & Easy Application Process with Loan Trust!

Step 1

Choose Loan Amount

It is recommended to look for homes that cost no more than three to five times their annual household income.
Step 1
Step 2

Get Your Loan Approved

Get all of the paperwork required to complete the purchase, including your loan documents.
Step 2
Step 3

Get Your Cash for New Home Purchase

Once all previous steps are done, you are ready to get funds and move into your new home soon!
Step 3

Allow us to serve your real estate needs

We would like to serve all of your real estate financial needs and have you as  a client for life.  We do residential  and commercial real estate loans.

our blog

Latest News from Loan Company

Stay Always In Touch

Subscribe to our newsletter and get exclusive deals you wont find anywhere else straight to your inbox!