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What people paid for mortgages in Baltimore city, MD (2025)

Across 4,686 closed home-purchase loans in 2025, the median interest rate in Baltimore city was 6.5%, and the middle half of borrowers got between 6.125% and 6.875%. Median total loan costs ran $7,315 on a median loan of $265,000. Source: federal HMDA filings on first-lien, owner-occupied loans.

Home purchase

Median rate
6.5%
Middle half of rates
6.125%6.875%
Median total loan costs
$7,315
Median loan amount
$265,000

4,686 loans, 2025.

Refinance

Median rate
6.25%
Middle half of rates
5.75%6.625%
Median total loan costs
$6,266
Median loan amount
$215,000

1,306 loans, 2025.

Lowest median rates in Baltimore city (2025)

The lenders whose own closed loans had the lowest median interest rate here, among lenders with enough local volume for the median to mean something. A low median is a reason to include that lender when you collect Loan Estimates; it is not a promise about the rate you will be quoted. An independent mortgage broker can pull quotes from several lenders at once on one application.

Home purchase

  1. 1.Manufacturers and Traders Trust Company5.75%102 loans, median costs $9,304
  2. 2.Bank of America, National Association5.875%83 loans, median costs $2,104
  3. 3.Ameris Bank6.188%90 loans, median costs $8,609
  4. 4.Navy Federal Credit Union6.25%84 loans, median costs $4,656
  5. 5.TOWNE MORTGAGE COMPANY6.25%51 loans, median costs $9,473

Among lenders with at least 30 closed purchase loans in Baltimore city in 2025.

Refinance

  1. 1.PENNYMAC LOAN SERVICES, LLC5.99%51 loans, median costs $6,603
  2. 2.UNITED SHORE FINANCIAL SERVICES, LLCbroker only5.995%142 loans, median costs $6,785
  3. 3.Manufacturers and Traders Trust Company6%55 loans, median costs $6,125
  4. 4.Rocket Mortgage, LLC6.125%181 loans, median costs $6,034
  5. 5.FREEDOM MORTGAGE CORPORATION6.25%89 loans, median costs $5,964

Among lenders with at least 30 closed refinance loans in Baltimore city in 2025.

Lender by lender in Baltimore city

Every lender that closed at least 5 qualifying loans in Baltimore city in 2025, sorted by loan count. The # column is the lender's rank here by closed loans for the selected purpose. Median origination is the lender's own charges (Loan Estimate section A); median points is the discount-points portion. Lenders marked "broker only" fund loans through independent mortgage brokers rather than taking applications directly.

#LenderLoansMedian rateMedian total costsMedian originationMedian points
1FIRST HOME MORTGAGE CORPORATION4136.625%$9,227$4,180$3,625
2NFM, INC.2636.625%$8,176$3,341$2,393
3PRIMARY RESIDENTIAL MORTGAGE, INC.2226.625%$8,141$3,006$2,796
4Rocket Mortgage, LLC2106.49%$6,457$2,420$1,934
5UNITED SHORE FINANCIAL SERVICES, LLCbroker only1996.5%$8,587$2,480$1,945
6DIRECT MORTGAGE LOANS, LLC1316.625%$7,995$2,915$2,573
7JPMorgan Chase Bank, National Association1166.5%$5,110$1,933$2,134
8CROSSCOUNTRY MORTGAGE, INC.1156.625%$8,239$2,984$3,187
9MERIDIAN BANK1076.375%$7,771$1,750$2,028
10CMG MORTGAGE, INC.1046.562%$5,427$1,805$1,643
11Manufacturers and Traders Trust Company1025.75%$9,304$3,401$3,017
12Fairway Independent Mortgage Corporation976.75%$7,686$1,790$2,175
13Mortgage Research Center, LLC936.5%$5,291$0$861
14Ameris Bank906.188%$8,609$2,662$2,899
15Navy Federal Credit Union846.25%$4,656$0$4,400
16Bank of America, National Association835.875%$2,104$885$4,309
17First National Bank of Pennsylvania796.5%$5,978$2,686$2,779
18Fulton Bank, National Association736.5%$6,259$2,353$2,177
19Towne Bank646.625%$6,888$2,100$1,413
20Truist Bank596.475%$5,317$1,590$1,016
21Paramount Residential Mortgage Group, Inc.586.625%$10,211$1,933$3,629
22DAS Acquisition Company, LLC536.625%$6,510$2,793$2,740
23PRIMELENDING, A PLAINSCAPITAL COMPANY526.5%$6,673$1,555$1,401
24MOVEMENT MORTGAGE, LLC516.5%$6,978$2,100$1,563
25TOWNE MORTGAGE COMPANY516.25%$9,473$2,933$1,842
26STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED496.25%$4,418$1,199$733
27Atlantic Union Bank476.5%$5,629$1,595$1,470
28LOWER, LLC446.5%$8,088$1,900$2,357
29Prosperity Home Mortgage, LLC416.875%$6,911$1,575$1,130
30Shore United Bank, N.A.406.5%$6,022$1,315$503
31FIDELITY DIRECT MORTGAGE, LLC396.625%$8,815$2,500$2,346
32OCMBC, INC.367.625%$8,714$2,272$1,710
33Broker Solutions, Inc.356.625%$9,002$1,897$3,108
34First Heritage Mortgage, LLC356.625%$5,418$1,560$2,149
35NVR Mortgage Finance, Inc.356.625%$11,508$2,701$6,067
36K. HOVNANIAN AMERICAN MORTGAGE, L.L.C.316.5%$9,059$2,473$4,640
37UNION HOME MORTGAGE CORP.306.625%$8,178$4,336$2,828
38ZILLOW HOME LOANS, LLC296.75%$4,908$2,082$1,118
39MUNICIPAL EMPLOYEES CREDIT UNION OF BALTIMORE, INCORPORATED28n/an/an/an/a
40ENVOY MORTGAGE, LTD276.625%$5,794$1,460$2,565

What these numbers are, and are not

Everything above is computed from the FFIEC's HMDA Modified Loan/Application Register, the public loan-level file nearly every mortgage lender must submit each year, filtered to originated, first-lien, owner-occupied principal-residence loans that were not business-purpose or reverse mortgages. Groups smaller than 5 loans are omitted. The methodology page documents every step.

The public file contains no credit scores, so differences between lenders mix true pricing differences with different customer bases: loan sizes, points paid, and borrower profiles all vary by lender. A median is context for your own quote, not a ranking and not an offer. Rates here are also a year's worth of closings blended together, while your quote reflects a single day's market.

Have a Loan Estimate in hand? The checker compares your quoted rate and origination charges against the Baltimore city figures above, in your browser, without storing anything.

Common questions

What mortgage rate did people get in Baltimore city in 2025?

The median interest rate on closed home-purchase loans in Baltimore city, Maryland in 2025 was 6.5%, across 4,686 first-lien, owner-occupied loans. The middle half of borrowers got between 6.125% and 6.875%.

Is this a rate I can get today?

No. These are medians of loans that already closed, under those borrowers' credit profiles, loan sizes, discount points, and lock dates. Rates also move daily. The way to learn your own number is to collect Loan Estimates from two or three lenders, which federal rules make close to free.

Why do lenders in the table show different rates?

Partly pricing, partly customer mix. Public HMDA data contains no credit scores, so a lender serving stronger-credit borrowers or larger loans will show a different median than one serving first-time buyers, at identical pricing. Use the table as a map of who is active locally and roughly where they land, not as a ranking.

Where do these numbers come from?

The FFIEC's public HMDA Modified Loan/Application Register, the loan-level data nearly every mortgage lender must file each year, filtered to originated, first-lien, owner-occupied, non-business, non-reverse loans, in groups of at least 5.