Mortgage Interest Rates

Real Estate Agent with 410-935-5844 Office 634480

Mortgage Interest Rates


Here is about where the rates stand this week (first week of December 2020)

  • 2.750% for a 30 year fixed rate conventional loan;
  • 2.375% for a 15 year fixed rate conventional loan; and
  • 2.375% for a 30 year fixed rate VA or FHA loan.


To give you more perspective on what this means, you may want to think in terms of how much your monthly payment would be.  For a 30 year conventional loan with a fixed rate of 2.750%, your monthly payment would be $4.08 for every thousand dollars that you borrowed.  So the monthly payment for a $250,000 house would be 250 x $4.08 or $1,020.00.  This includes principal and interest.  It does not include property taxes and property insurance.


If this tempts you to think about buying, then contact me so that we can discuss it further or go to my website to start the search for the home of your dreams at


Comments (2)

Karen Krzniak
Zenith Realty - Towson, MD


These low rates really substantially increases the affordability for the buyers.

Dec 04, 2020 11:15 AM
Kathryn Sparks
Zenith Realty - Baltimore, MD


It definitely can make it more attractive to purchase a home then to rent one.

Dec 04, 2020 11:18 AM