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Maryland Conventional Mortgage Rates

Updated: November 27, 2020

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Displaying rates for Mortgage Refinance in MD for $200,000

PRODUCTS RATES +/-
30 Year Fixed 3.00%
15 Year Fixed 2.56%
5/1 ARM 4.56%
Friday, November 27, 2020

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Mortgage rates for Maryland go down to 3.00%

Friday, November 27, 2020

Mortgage rates for Maryland on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Maryland is now at 4.56%.

 

Conventional Mortgage Rates & Loan Limits in Maryland

A conventional mortgage loan is a home loan that is not backed directly by the federal government such as the FHA and VA loans. However, conforming conventional mortgage loans follow the terms and conditions set by the government sponsored enterprises (GSEs): Freddie Mac and Fannie Mae. When buying a home in Maryland or refinancing your existing mortgage, a conventional mortgage should definitey be an option. Conventional mortgages  have low closing costs and flexible payment options. Check out our main page on Conventional Home Mortgage Rates.

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