Maryland (MD) Mortgage Rates Today
Track mortgage interest rates in Maryland. Current data, local market context, and a payment calculator for MD homebuyers.
Maryland Housing Market Overview
Maryland benefits from high incomes near Washington DC, supporting strong demand in the Baltimore-Washington corridor. Property taxes and insurance add to total ownership costs.
Mortgage rates in Maryland generally track the national average, with variations based on local lender competition, state-specific programs for first-time buyers, and regional economic conditions. The Baltimore metro area typically represents the most active housing market in the state.
Maryland Mortgage Calculator
Mortgage Calculator
Estimate only. Does not include taxes, insurance, PMI, or HOA fees.
Frequently Asked Questions
What is the average mortgage rate in Maryland?
The average 30-year fixed mortgage rate in Maryland is approximately 6.84%. Actual rates depend on your credit score, down payment, loan amount, and lender.
What is the median home price in Maryland?
The median home price in Maryland is approximately $425,000. This varies significantly by city and region within the state.
How do MD mortgage rates compare to the national average?
Maryland mortgage rates are generally close to the national average but can vary based on local lender competition, state regulations, and property tax levels.
Should I buy a home in Maryland now?
The decision to buy depends on your personal finances, job stability, and how long you plan to stay. Maryland's housing market has its own dynamics. Consult a local real estate professional.