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Baltimore Mortgage Rates

Updated: August 6, 2020

Compare today's rates for Mortgage Refinance in MD

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Mortgage rates for Baltimore, Maryland go down to 3.00%

Thursday, August 6, 2020

Mortgage rates for Baltimore, 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 2.38%. The 5/1 ARM mortgage for Baltimore, Maryland is now at 4.56%.

Baltimore Market Trends

Baltimore is the major cultural and industrial center of Maryland. The inner harbor has undergone a major revitalization. The city has more of a working class feel, and some of its subculture comes from the closeness of Chesapeake Bay. Crabs and crab cakes are served at nearly any and every restaurant in this city. Baltimore has a largeJewish population, with even a part of the city being known as 'Synagogue Row'.

For quarter ending December 13:

The average price/sqft was $138, an increase of 2.2% compared to last year. The median sales price for homes for September 13 to December 13 was $183,000 based on 1,793 home sales. Compared to one year ago, the median home sales price increased 3.1%, or $5,500, and the number of home sales increased 0.7%.

Popular communities in Baltimore include Canton and Washington Village, with average home listing prices of $383,004 and $123,506.

Lender411.com will help you find the best mortgage interest rates by putting you in touch with a qualified Baltimore mortgage lender who can find you the right loan. 

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