Maryland Mortgage Rates (2026)

Current average mortgage rates, median home prices, and top lenders in Maryland. Rates apply to primary residence purchases with good credit (740+).

30yr Fixed

6.98%

Avg APR

15yr Fixed

6.38%

Avg APR

Median Price

$420,000

Median home

Monthly P&I

$2,240

30yr at 80% LTV

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Top Mortgage Lenders in Maryland

1

Rocket Mortgage

Online convenience

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30yr Fixed

7%

15yr Fixed

6.4%

Min Down

3%

2

Chase

Existing customers

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30yr Fixed

6.9%

15yr Fixed

6.3%

Min Down

3%

3

Wells Fargo

Branch access

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30yr Fixed

7.1%

15yr Fixed

6.5%

Min Down

3%

4

Bank of America

Preferred Rewards

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30yr Fixed

7%

15yr Fixed

6.4%

Min Down

3%

5

loanDepot

Low down payment

Get Rate

30yr Fixed

6.9%

15yr Fixed

6.3%

Min Down

3%

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First-Time Buyer Programs in Maryland

  • MMP 1st Time Advantage
  • MMP Flex 3% DPA
  • MMP House Keys 4 Employees

Mortgage Requirements in Maryland

  • Min 640 credit score for MMP programs
  • Income and purchase price limits by county
  • Homebuyer education required

Maryland Housing Market Facts

DC suburbs drive Maryland home prices significantly above national average.
Maryland Mortgage Program has helped 90,000+ families buy homes.
Transfer taxes can be significant — up to 1.5% of purchase price.

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