Cambridge Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Cambridge averaged 6.55% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 6.84% and one month ago for the week of 2024-11-07, the average rate was 6.84%.

    Cambridge's average rate one year ago was 7.08%.

    For refis of the same type during the week of 2024-12-12, the average rate was 7.2%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Cambridge 30 Year Fixed Rate 2024-12-12 6.55%
    Cambridge 30 Year Fixed Rate Refi 2024-12-12 7.2%
    Cambridge 15 Year Fixed Rate 2024-12-12 6.04%
    Cambridge 15 Year Fixed Rate Refi 2024-12-12 6.24%
    Cambridge 30 Year FHA 2024-12-12 6.24%
    Cambridge 30 Year FHA Refi 2024-12-12 6.08%
    Cambridge 30 Year USDA 2024-12-12 6.5%
    Cambridge 30 Year USDA Refi 2024-12-12 6.5%
    Cambridge 30 Year VA 2024-12-12 6.18%
    Cambridge 30 Year VA Refi 2024-12-12 6.28%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Cambridge, MD.

    Cambridge Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Cambridge, MD market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    QUICKEN LOANS, LLC 18 7.03% $6,331
    FIRST HOME MORTGAGE CORPORATION 10 7.01% $8,511
    NVR Mortgage Finance, Inc. 10 6.52% $4,336
    ENVOY MORTGAGE, LTD 8 6.53% $10,205
    MOVEMENT MORTGAGE, LLC 8 7.09% $6,202
    DHI MORTGAGE COMPANY, LTD. 7 5.85% $4,012
    GUARANTEED RATE, INC. 6 6.73% $7,586
    ACADEMY MORTGAGE CORPORATION 6 6.73% $5,209
    CMG MORTGAGE, INC. 6 6.85% $6,596
    UNITED WHOLESALE MORTGAGE, LLC 6 7.00% $6,245
    STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 5 7.08% $6,599
    NFM, INC. 5 7.20% $7,710
    Wells Fargo Bank 5 6.93% $5,299
    ABSOLUTE HOME MORTGAGE CORPORATION 4 7.00% $4,775
    Truist 4 6.72% $6,318
    NAVY FEDERAL CREDIT UNION 3 6.75% $3,405
    Presidential Bank, FSB 3 7.25% $8,630
    M&T Bank 3 7.13% $8,562
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 7.16% $6,221
    Shore United Bank 3 6.25% $4,003
    Meridian Bank Corporation 3 7.08% $5,792
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.87% $6,363
    Bank of America 3 6.08% $4,722
    Capital Bank 2 7.31% $5,463
    First Heritage Mortgage, LLC 2 6.41% $9,023
    MUTUAL OF OMAHA MORTGAGE, INC. 2 6.62% $4,196
    Summit Community Bank, Inc. 2 7.34% $3,464
    Waterstone Mortgage Corporation 2 6.81% $7,966
    EVERETT FINANCIAL, INC. 2 6.93% $7,410
    Towne Bank 2 7.13% $6,902
    PENNYMAC LOAN SERVICES, LLC 2 6.19% $5,099
    HOMESPIRE MORTGAGE CORPORATION 2 6.75% $6,506
    DIRECT MORTGAGE LOANS, LLC 2 6.50% $7,357
    PNC Bank 2 6.88% $10,327
    PARTNERS 1ST Federal Credit Union 2 7.19% $3,002
    JPMorgan Chase Bank 2 7.38% $7,865
    EMBRACE HOME LOANS, INC. 2 6.69% $7,494
    Prosperity Home Mortgage, LLC 2 6.69% $7,015
    Fulton Bank 2 7.25% $4,644
    UNION HOME MORTGAGE CORP. 1 7.63% $3,967
    USAA Federal Savings Bank 1 7.13% $4,745
    U.S. Bank 1 6.13% $3,654
    Vellum Mortgage, Inc. 1 7.49% $8,247
    WesBanco 1 5.50% $11,938
    AMERICAN FINANCING CORPORATION 1 6.50% $5,569
    AMERISAVE MORTGAGE CORPORATION 1 5.88% $3,270
    ARC HOME LLC 1 7.13% $9,638
    BAY CAPITAL MORTGAGE CORPORATION 1 7.00% $6,357
    BAY EQUITY LLC 1 6.49% $8,557
    BAYSHORE MORTGAGE FUNDING, LLC 1 6.13% $3,078
    BETTER MORTGAGE CORPORATION 1 6.88% $1,262
    BROKER SOLUTIONS, INC. 1 6.38% $8,056
    CALIBER HOME LOANS, INC. 1 6.50% $7,351
    CHURCHILL MORTGAGE CORPORATION 1 6.63% $6,474
    CROSSCOUNTRY MORTGAGE, LLC 1 7.00% $5,622
    DAS Acquisition Company, LLC 1 8.12% $3,893
    EMM LOANS LLC 1 6.99% $3,839
    First National Bank of America 1 10.75% $7,515
    First National Bank of Pennsylvania 1 7.25% $17,213
    FIRST SAVINGS MORTGAGE CORPORATION 1 6.63% $5,700
    George Mason Mortgage, LLC 1 6.49% $6,484
    Goldman Sachs Bank USA 1 6.50% $5,861
    GUARANTEED RATE AFFINITY, LLC 1 6.99% $10,103
    GUILD MORTGAGE COMPANY 1 7.13% $4,661
    Hebron Savings Bank 1 7.50% $5,499
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.63% $7,418
    HOMESIDE FINANCIAL, LLC 1 6.88% $4,312
    Kish Bank 1 5.88% $4,912
    LOANDEPOT.COM, LLC 1 7.50% $6,134
    MCLEAN MORTGAGE CORPORATION 1 5.88% $13,518
    MidAtlantic Farm Credit, ACA 1 7.34% $3,673
    Morgan Stanley Private Bank 1 5.10% $4,674
    Mr. Cooper ( Nationstar Mortgage ) 1 6.99% $8,996
    NASA Federal Credit Union 1 6.75% $4,197
    NEWREZ LLC 1 6.63% $7,261
    PEOPLESBANK, A CODORUS VALLEY COMPANY 1 6.38% $3,394
    Plains Commerce Bank 1 6.75% $11,864
    PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.63% $9,433
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.38% $5,580
    Sandy Spring Bank 1 6.25% $4,211
    SWBC MORTGAGE CORPORATION 1 6.88% $6,816
    TIDEWATER MORTGAGE SERVICES, INC. 1 6.88% $10,258

    Cambridge Average Closing Costs & Other Stats

    Cambridge, MD's 82 lenders originated 697 loans during 2023. The total origination value was $157,085,000, with an average loan value of $225,373.

    Cambridge's average closing costs are $6,074.

    The top Cambridge lender as defined by loan originations is QUICKEN LOANS, LLC, with 18 loans originated. Their average total fees are $6,331, which is $2,180 lower than the next largest lender, FIRST HOME MORTGAGE CORPORATION.

    The lowest fee Cambridge lenders (with over 10 loans originated) are NVR Mortgage Finance, Inc. ($4,336), QUICKEN LOANS, LLC ($6,331), FIRST HOME MORTGAGE CORPORATION ($8,511), .

    The lowest rate Cambridge lenders (with over 10 loans originated) are NVR Mortgage Finance, Inc. (6.52%), FIRST HOME MORTGAGE CORPORATION (7.01%), QUICKEN LOANS, LLC (7.03%), .

    Cambridge, MD Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    NVR Mortgage Finance, Inc. $11,730,000 $13,650,000 16.4% 8.7%
    DHI MORTGAGE COMPANY, LTD. $3,905,000 $9,075,000 132.4% 5.8%
    QUICKEN LOANS, LLC $13,280,000 $8,285,000 -37.6% 5.3%
    ENVOY MORTGAGE, LTD $2,310,000 $6,335,000 174.2% 4.0%
    FIRST HOME MORTGAGE CORPORATION $10,070,000 $5,760,000 -42.8% 3.7%
    NFM, INC. $2,665,000 $4,505,000 69.0% 2.9%
    UNITED WHOLESALE MORTGAGE, LLC $6,350,000 $4,485,000 -29.4% 2.9%
    The Queenstown Bank of Maryland $3,235,000 $4,190,000 29.5% 2.7%
    MOVEMENT MORTGAGE, LLC $1,580,000 $4,120,000 160.8% 2.6%
    STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED $4,730,000 $4,075,000 -13.8% 2.6%
    Bank of America $3,770,000 $3,945,000 4.6% 2.5%
    CMG MORTGAGE, INC. $205,000 $3,295,000 1,507.3% 2.1%
    Truist $7,185,000 $3,130,000 -56.4% 2.0%
    ACADEMY MORTGAGE CORPORATION $4,170,000 $2,990,000 -28.3% 1.9%
    GUARANTEED RATE, INC. $4,095,000 $2,975,000 -27.4% 1.9%
    Shore United Bank $3,110,000 $2,965,000 -4.7% 1.9%
    TIDEWATER MORTGAGE SERVICES, INC. $1,320,000 $2,730,000 106.8% 1.7%
    M&T Bank $4,270,000 $2,395,000 -43.9% 1.5%
    Mortgage Research Center, LLC $2,460,000 $2,360,000 -4.1% 1.5%
    FREEDOM MORTGAGE CORPORATION $2,050,000 $2,235,000 9.0% 1.4%
    EMM LOANS LLC $590,000 $1,900,000 222.0% 1.2%
    EMBRACE HOME LOANS, INC. $1,640,000 $1,745,000 6.4% 1.1%
    DIRECT MORTGAGE LOANS, LLC $1,380,000 $1,730,000 25.4% 1.1%
    PENNYMAC LOAN SERVICES, LLC $1,755,000 $1,700,000 -3.1% 1.1%
    Fulton Bank $1,455,000 $1,625,000 11.7% 1.0%
    Summit Community Bank, Inc. $1,560,000 n/a 1.0%
    Presidential Bank, FSB $1,005,000 $1,520,000 51.2% 1.0%
    Towne Bank $1,155,000 $1,455,000 26.0% 0.9%
    BAY CAPITAL MORTGAGE CORPORATION $1,615,000 $1,400,000 -13.3% 0.9%
    BayVanguard Bank $1,290,000 n/a 0.8%
    Meridian Bank Corporation $2,455,000 $1,290,000 -47.5% 0.8%
    MUTUAL OF OMAHA MORTGAGE, INC. $235,000 $1,255,000 434.0% 0.8%
    NAVY FEDERAL CREDIT UNION $1,205,000 $1,255,000 4.1% 0.8%
    Hebron Savings Bank $4,725,000 $1,170,000 -75.2% 0.7%
    Goldman Sachs Bank USA $1,125,000 n/a 0.7%
    The Federal Savings Bank $455,000 $1,090,000 139.6% 0.7%
    PNC Bank $870,000 $1,085,000 24.7% 0.7%
    Prosperity Home Mortgage, LLC $1,965,000 $1,055,000 -46.3% 0.7%
    First National Bank of Pennsylvania $550,000 $1,005,000 82.7% 0.6%
    Wilmington Savings Fund Society, FSB $105,000 $1,005,000 857.1% 0.6%
    VILLAGE CAPITAL MORTGAGE $125,000 $990,000 692.0% 0.6%
    First Heritage Mortgage, LLC $645,000 $985,000 52.7% 0.6%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $1,235,000 $965,000 -21.9% 0.6%
    Wells Fargo Bank $2,685,000 $965,000 -64.1% 0.6%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $965,000 $960,000 -0.5% 0.6%
    Arundel Federal Savings Bank $950,000 n/a 0.6%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $795,000 $920,000 15.7% 0.6%
    Mr. Cooper ( Nationstar Mortgage ) $2,120,000 $890,000 -58.0% 0.6%
    USAA Federal Savings Bank $325,000 $850,000 161.5% 0.5%
    Carrington Mortgage Services, LLC $720,000 $845,000 17.4% 0.5%
    CARDINAL FINANCIAL $665,000 $830,000 24.8% 0.5%
    Waterstone Mortgage Corporation $335,000 $825,000 146.3% 0.5%
    TIDEMARK FEDERAL CREDIT UNION $820,000 n/a 0.5%
    HOMESPIRE MORTGAGE CORPORATION $620,000 $775,000 25.0% 0.5%
    CROSSCOUNTRY MORTGAGE, LLC $2,645,000 $730,000 -72.4% 0.5%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $420,000 $715,000 70.2% 0.5%
    GUARANTEED RATE AFFINITY, LLC $1,650,000 $685,000 -58.5% 0.4%
    ABSOLUTE HOME MORTGAGE CORPORATION $275,000 $680,000 147.3% 0.4%
    DRAPER AND KRAMER MORTGAGE CORP. $1,045,000 $680,000 -34.9% 0.4%
    BROKER SOLUTIONS, INC. $1,015,000 $620,000 -38.9% 0.4%
    Keystone Funding, Inc. $600,000 n/a 0.4%
    GUILD MORTGAGE COMPANY $235,000 $570,000 142.6% 0.4%
    Morgan Stanley Private Bank $245,000 $535,000 118.4% 0.3%
    AMERICAN HERITAGE LENDING, INC. $520,000 n/a 0.3%
    WesBanco $2,055,000 $515,000 -74.9% 0.3%
    TOWER $1,515,000 $505,000 -66.7% 0.3%
    MCLEAN MORTGAGE CORPORATION $2,390,000 $485,000 -79.7% 0.3%
    OCMBC, INC. $485,000 n/a 0.3%
    Vellum Mortgage, Inc. $285,000 $480,000 68.4% 0.3%
    EVERETT FINANCIAL, INC. $425,000 $475,000 11.8% 0.3%
    NEWREZ LLC $1,320,000 $465,000 -64.8% 0.3%
    Plains Commerce Bank $595,000 $450,000 -24.4% 0.3%
    U.S. Bank $400,000 $420,000 5.0% 0.3%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $215,000 $415,000 93.0% 0.3%
    HOMESIDE FINANCIAL, LLC $880,000 $410,000 -53.4% 0.3%
    George Mason Mortgage, LLC $1,200,000 $395,000 -67.1% 0.3%
    Capital Bank $510,000 $390,000 -23.5% 0.2%
    JPMorgan Chase Bank $620,000 $390,000 -37.1% 0.2%
    BAY EQUITY LLC $395,000 $365,000 -7.6% 0.2%
    EQUITY RESOURCES, INC. $335,000 n/a 0.2%
    PARTNERS 1ST Federal Credit Union $500,000 $330,000 -34.0% 0.2%
    Kish Bank $325,000 n/a 0.2%
    BETTER MORTGAGE CORPORATION $315,000 n/a 0.2%
    AMERISAVE MORTGAGE CORPORATION $805,000 $310,000 -61.5% 0.2%
    SUCCESS MORTGAGE PARTNERS, INC. $450,000 $305,000 -32.2% 0.2%
    SWBC MORTGAGE CORPORATION $305,000 n/a 0.2%
    AMERICAN FINANCIAL RESOURCES, INC. $165,000 $300,000 81.8% 0.2%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $1,110,000 $285,000 -74.3% 0.2%
    NATIONS DIRECT MORTGAGE, LLC $655,000 $285,000 -56.5% 0.2%
    NEW DAY FINANCIAL, LLC $1,425,000 $285,000 -80.0% 0.2%
    LOANDEPOT.COM, LLC $1,735,000 $270,000 -84.4% 0.2%
    First National Bank of America $245,000 $260,000 6.1% 0.2%
    DAS Acquisition Company, LLC $255,000 n/a 0.2%
    SOUTHERN TRUST MORTGAGE, LLC $2,505,000 $255,000 -89.8% 0.2%
    CALIBER HOME LOANS, INC. $2,230,000 $245,000 -89.0% 0.2%
    First Shore Federal Savings and Loan Association $515,000 $240,000 -53.4% 0.2%
    CHURCHILL MORTGAGE CORPORATION $225,000 n/a 0.1%
    FIDELITY DIRECT MORTGAGE, LLC $225,000 n/a 0.1%
    PENTAGON FEDERAL CREDIT UNION $715,000 $225,000 -68.5% 0.1%
    ARC HOME LLC $215,000 n/a 0.1%
    RADIUS FINANCIAL GROUP INC. $215,000 n/a 0.1%
    FIRST SAVINGS MORTGAGE CORPORATION $1,005,000 $205,000 -79.6% 0.1%
    MidAtlantic Farm Credit, ACA $1,025,000 $195,000 -81.0% 0.1%
    Barrington Bank & Trust Company, N.A. $165,000 $185,000 12.1% 0.1%
    CIVIC FINANCIAL SERVICES, LLC $315,000 $185,000 -41.3% 0.1%
    Peoples Bank $185,000 n/a 0.1%
    NASA Federal Credit Union $175,000 n/a 0.1%
    Paramount Residential Mortgage Group, Inc. $175,000 n/a 0.1%
    Evolve Bank & Trust $165,000 n/a 0.1%
    Sandy Spring Bank $605,000 $165,000 -72.7% 0.1%
    Nations Lending Corporation $1,065,000 $155,000 -85.4% 0.1%
    LENDINGHOME FUNDING CORPORATION $300,000 $135,000 -55.0% 0.1%
    VANDERBILT MORTGAGE AND FINANCE, INC. $265,000 $130,000 -50.9% 0.1%
    BAYSHORE MORTGAGE FUNDING, LLC $385,000 $125,000 -67.5% 0.1%
    Middletown Valley Bank $115,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $115,000 n/a 0.1%
    Third Federal Savings and Loan Association of Cleveland $105,000 n/a 0.1%
    AMERICAN FINANCING CORPORATION $95,000 n/a 0.1%
    Citizens Bank $1,060,000 $80,000 -92.5% 0.1%
    Northwest Federal Credit Union $435,000 $75,000 -82.8% 0.0%
    TRIAD FINANCIAL SERVICES, INC. $125,000 $75,000 -40.0% 0.0%
    UNION HOME MORTGAGE CORP. $295,000 $75,000 -74.6% 0.0%
    21ST MORTGAGE CORPORATION $90,000 $65,000 -27.8% 0.0%
    Lakeview Community Capital, LLC $65,000 n/a 0.0%
    PEOPLESBANK, A CODORUS VALLEY COMPANY $65,000 n/a 0.0%
    Figure Lending LLC $55,000 n/a 0.0%
    TD Bank $225,000 $55,000 -75.6% 0.0%
    EDUCATIONAL SYSTEMS $45,000 n/a 0.0%
    Home Loan Investment Bank, F.S.B. $50,000 $40,000 -20.0% 0.0%
    NEXTMARK $35,000 n/a 0.0%
    Southwest Airlines Federal Credit Union $35,000 n/a 0.0%
    State Department Federal Credit Union $35,000 n/a 0.0%
    SPRING EQ, LLC $55,000 $25,000 -54.5% 0.0%

    Cambridge's top lender by overall market share is NVR Mortgage Finance, Inc., with 8.7% market share. In second place, with 5.8%, is DHI MORTGAGE COMPANY, LTD., having originated $9,075,000 in loans. In third place, with 5.3%, is QUICKEN LOANS, LLC, having originated $8,285,000 in loans. In fourth place, with 4.0%, is ENVOY MORTGAGE, LTD, having originated $6,335,000 in loans. In fifth place, with 3.7%, is FIRST HOME MORTGAGE CORPORATION, having originated $5,760,000 in loans.

    Cambridge Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Cambridge (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $199,000 (14.8%) $318,036 (25.9%) 0.00 219
    2018-02-01 $198,475 (13.4%) $318,455 (23.2%) 0.00 226
    2018-03-01 $199,900 (6.8%) $322,874 (25.0%) 0.00 223
    2018-04-01 $206,225 (6.9%) $298,729 (2.0%) 0.00 232
    2018-05-01 $214,375 (11.2%) $300,894 (3.5%) 0.00 254
    2018-06-01 $219,900 (11.6%) $306,274 (4.6%) 0.00 262
    2018-07-01 $223,850 (9.5%) $307,898 (5.6%) 0.00 260
    2018-08-01 $224,750 (11.2%) $305,572 (6.0%) 0.00 264
    2018-09-01 $229,000 (4.4%) $279,572 (-14.5%) 0.00 254
    2018-10-01 $239,513 (7.8%) $300,775 (-7.2%) 0.00 245
    2018-11-01 $239,063 (16.9%) $325,500 (4.6%) 0.00 233
    2018-12-01 $225,000 (12.6%) $327,229 (4.3%) 0.00 221
    2019-01-01 $199,925 (0.5%) $310,954 (-2.2%) 0.00 202
    2019-02-01 $207,175 (4.4%) $313,085 (-1.7%) 0.00 212
    2019-03-01 $202,086 (1.1%) $306,970 (-4.9%) 0.00 223
    2019-04-01 $207,450 (0.6%) $300,148 (0.5%) 0.00 242
    2019-05-01 $213,725 (-0.3%) $298,752 (-0.7%) 0.00 251
    2019-06-01 $229,000 (4.1%) $304,824 (-0.5%) 0.00 248
    2019-07-01 $229,000 (2.3%) $307,841 (0.0%) 0.00 249
    2019-08-01 $236,927 (5.4%) $308,385 (0.9%) 0.00 236
    2019-09-01 $232,468 (1.5%) $308,188 (10.2%) 0.00 228
    2019-10-01 $226,975 (-5.2%) $308,056 (2.4%) 0.00 224
    2019-11-01 $235,500 (-1.5%) $330,580 (1.6%) 0.00 219
    2019-12-01 $223,000 (-0.9%) $325,083 (-0.7%) 0.00 205
    2020-01-01 $216,000 (8.0%) $321,987 (3.6%) 0.00 193
    2020-02-01 $220,000 (6.2%) $321,593 (2.7%) 0.00 186
    2020-03-01 $231,175 (14.4%) $323,436 (5.4%) 0.00 201
    2020-04-01 $224,900 (8.4%) $308,739 (2.9%) 0.00 193
    2020-05-01 $224,900 (5.2%) $308,558 (3.3%) 0.00 185
    2020-06-01 $229,900 (0.4%) $323,327 (6.1%) 0.00 168
    2020-07-01 $239,000 (4.4%) $331,669 (7.7%) 0.00 144
    2020-08-01 $232,250 (-2.0%) $303,353 (-1.6%) 0.00 141
    2020-09-01 $207,200 (-10.9%) $296,155 (-3.9%) 0.00 137
    2020-10-01 $241,000 (6.2%) $408,997 (32.8%) 0.00 136
    2020-11-01 $236,495 (0.4%) $429,458 (29.9%) 0.00 132
    2020-12-01 $225,000 (0.9%) $456,950 (40.6%) 0.00 106
    2021-01-01 $237,990 (10.2%) $477,988 (48.5%) 0.00 91
    2021-02-01 $249,000 (13.2%) $511,079 (58.9%) 0.00 86
    2021-03-01 $247,400 (7.0%) $555,486 (71.8%) 0.00 75
    2021-04-01 $269,245 (19.7%) $572,563 (85.5%) 0.00 69
    2021-05-01 $302,495 (34.5%) $584,024 (89.3%) 0.00 82
    2021-06-01 $301,175 (31.0%) $591,931 (83.1%) 0.00 91
    2021-07-01 $289,900 (21.3%) $527,060 (58.9%) 0.00 113
    2021-08-01 $287,749 (23.9%) $461,459 (52.1%) 0.00 111
    2021-09-01 $299,800 (44.7%) $476,342 (60.8%) 0.00 111
    2021-10-01 $299,900 (24.4%) $358,503 (-12.4%) 0.00 110
    2021-11-01 $286,945 (21.3%) $373,144 (-13.1%) 0.00 115
    2021-12-01 $292,875 (30.2%) $360,323 (-21.2%) 0.00 110
    2022-01-01 $299,000 (25.6%) $359,368 (-24.8%) 0.00 90
    2022-02-01 $293,995 (18.1%) $336,017 (-34.3%) 0.00 80
    2022-03-01 $286,225 (15.7%) $331,858 (-40.3%) 0.00 100
    2022-04-01 $275,000 (2.1%) $323,218 (-43.6%) 0.00 117
    2022-05-01 $292,000 (-3.5%) $332,929 (-43.0%) 0.00 128
    2022-06-01 $283,998 (-5.7%) $327,337 (-44.7%) 0.00 136
    2022-07-01 $285,000 (-1.7%) $334,334 (-36.6%) 0.00 140
    2022-08-01 $274,723 (-4.5%) $339,991 (-26.3%) 0.00 147
    2022-09-01 $278,745 (-7.0%) $346,733 (-27.2%) 0.00 134
    2022-10-01 $283,990 (-5.3%) $410,293 (14.5%) 0.00 126
    2022-11-01 $280,000 (-2.4%) $365,246 (-2.1%) 0.00 126
    2022-12-01 $268,495 (-8.3%) $339,043 (-5.9%) 0.00 127
    2023-01-01 $269,950 (-9.7%) $362,851 (1.0%) 0.00 118
    2023-02-01 $269,743 (-8.3%) $355,320 (5.7%) 0.00 121
    2023-03-01 $290,475 (1.5%) $351,971 (6.1%) 0.00 115
    2023-04-01 $279,000 (1.5%) $382,358 (18.3%) 0.00 100
    2023-05-01 $297,748 (2.0%) $392,430 (17.9%) 0.00 106
    2023-06-01 $277,995 (-2.1%) $385,615 (17.8%) 0.00 112
    2023-07-01 $275,000 (-3.5%) $357,817 (7.0%) 0.00 120
    2023-08-01 $277,500 (1.0%) $388,181 (14.2%) 0.00 117
    2023-09-01 $259,990 (-6.7%) $335,263 (-3.3%) 0.00 127
    2023-10-01 $273,495 (-3.7%) $353,015 (-14.0%) 0.00 132
    2023-11-01 $277,500 (-0.9%) $348,740 (-4.5%) 0.00 138
    2023-12-01 $280,000 (4.3%) $341,607 (0.8%) 0.00 136
    2024-01-01 $282,250 (4.6%) $344,883 (-5.0%) 0.00 124
    2024-02-01 $291,473 (8.1%) $349,938 (-1.5%) 0.00 119
    2024-03-01 $284,950 (-1.9%) $356,043 (1.2%) 0.00 124
    2024-04-01 $298,295 (6.9%) $383,864 (0.4%) 0.00 119
    2024-05-01 $299,495 (0.6%) $396,641 (1.1%) 0.00 133
    2024-06-01 $299,990 (7.9%) $412,339 (6.9%) 0.00 144
    2024-07-01 $306,000 (11.3%) $386,714 (8.1%) 0.00 144
    2024-08-01 $309,000 (11.4%) $367,450 (-5.3%) 0.00 136
    2024-09-01 $309,495 (19.0%) $362,375 (8.1%) 0.00 150
    2024-10-01 $304,473 (11.3%) $365,586 (3.6%) 0.00 158
    2024-11-01 $298,250 (7.5%) $347,683 (-0.3%) 0.00 159
    Cambridge's median listing price for 2024-11-01 was $298,250, a difference of $20,750 (7.5%) versus the prior year and $-6,223 versus the prior month.

    Cambridge's median listing price comes in at 0% of the national average.

    Cambridge's average listing price for 2024-11-01 was $347,683, a difference of $-1,057 (-0.3%) versus the prior year and $-17,903 versus the prior month.

    For the 2024-11-01 period, Cambridge had 159 MLS listings, a difference of 1 listings (1%) versus the prior month and 21 listings (15%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Cambridge (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,705 sqft
    2018-02-01 0 days 1,685 sqft
    2018-03-01 0 days 1,705 sqft
    2018-04-01 0 days 1,725 sqft
    2018-05-01 0 days 1,712 sqft
    2018-06-01 0 days 1,695 sqft
    2018-07-01 0 days 1,696 sqft
    2018-08-01 0 days 1,677 sqft
    2018-09-01 0 days 1,680 sqft
    2018-10-01 0 days 1,762 sqft
    2018-11-01 0 days 1,757 sqft
    2018-12-01 0 days 1,792 sqft
    2019-01-01 0 days 1,736 sqft
    2019-02-01 0 days 1,744 sqft
    2019-03-01 0 days 1,725 sqft
    2019-04-01 0 days 1,715 sqft
    2019-05-01 0 days 1,680 sqft
    2019-06-01 0 days 1,713 sqft
    2019-07-01 0 days 1,709 sqft
    2019-08-01 0 days 1,728 sqft
    2019-09-01 0 days 1,733 sqft
    2019-10-01 0 days 1,732 sqft
    2019-11-01 0 days 1,762 sqft
    2019-12-01 0 days 1,718 sqft
    2020-01-01 0 days 1,708 sqft
    2020-02-01 0 days 1,720 sqft
    2020-03-01 0 days 1,782 sqft
    2020-04-01 0 days 1,739 sqft
    2020-05-01 0 days 1,739 sqft
    2020-06-01 0 days 1,734 sqft
    2020-07-01 0 days 1,751 sqft
    2020-08-01 0 days 1,720 sqft
    2020-09-01 0 days 1,675 sqft
    2020-10-01 0 days 1,743 sqft
    2020-11-01 0 days 1,700 sqft
    2020-12-01 0 days 1,658 sqft
    2021-01-01 0 days 1,720 sqft
    2021-02-01 0 days 1,740 sqft
    2021-03-01 0 days 1,721 sqft
    2021-04-01 0 days 1,638 sqft
    2021-05-01 0 days 1,812 sqft
    2021-06-01 0 days 1,724 sqft
    2021-07-01 0 days 1,724 sqft
    2021-08-01 0 days 1,679 sqft
    2021-09-01 0 days 1,638 sqft
    2021-10-01 0 days 1,639 sqft
    2021-11-01 0 days 1,609 sqft
    2021-12-01 0 days 1,643 sqft
    2022-01-01 0 days 1,654 sqft
    2022-02-01 0 days 1,564 sqft
    2022-03-01 0 days 1,556 sqft
    2022-04-01 0 days 1,596 sqft
    2022-05-01 0 days 1,579 sqft
    2022-06-01 0 days 1,586 sqft
    2022-07-01 0 days 1,664 sqft
    2022-08-01 0 days 1,603 sqft
    2022-09-01 0 days 1,586 sqft
    2022-10-01 0 days 1,596 sqft
    2022-11-01 0 days 1,674 sqft
    2022-12-01 0 days 1,676 sqft
    2023-01-01 0 days 1,720 sqft
    2023-02-01 0 days 1,567 sqft
    2023-03-01 0 days 1,592 sqft
    2023-04-01 0 days 1,560 sqft
    2023-05-01 0 days 1,619 sqft
    2023-06-01 0 days 1,682 sqft
    2023-07-01 0 days 1,578 sqft
    2023-08-01 0 days 1,565 sqft
    2023-09-01 0 days 1,530 sqft
    2023-10-01 0 days 1,576 sqft
    2023-11-01 0 days 1,574 sqft
    2023-12-01 0 days 1,568 sqft
    2024-01-01 0 days 1,539 sqft
    2024-02-01 0 days 1,537 sqft
    2024-03-01 0 days 1,508 sqft
    2024-04-01 0 days 1,562 sqft
    2024-05-01 0 days 1,584 sqft
    2024-06-01 0 days 1,648 sqft
    2024-07-01 0 days 1,696 sqft
    2024-08-01 0 days 1,684 sqft
    2024-09-01 0 days 1,667 sqft
    2024-10-01 0 days 1,666 sqft
    2024-11-01 0 days 1,662 sqft
    Cambridge's median listing age (time on market) for 2024-11-01 was 0 days.

    Cambridge's median square footage for active listings during the 2024-11-01 period was 1,662 sqft. One year prior, the average listing was 1,574 sqft.

    Cambridge, MD Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 503 $130,355,000 $259,155
    Cash Out Refi 71 $11,765,000 $165,704
    Other 47 $5,435,000 $115,638
    Home Improvement 40 $2,970,000 $74,250
    Refi 36 $6,560,000 $182,222

    Cambridge's most frequently cited loan purpose was Home Purchase, with 503 originations. The 2nd most popular reason was Cash Out Refi, with 71 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 290 $73,080,000 $252,000
    7-8% 141 $33,905,000 $240,461
    5-6% 111 $28,085,000 $253,018
    Over 8% 98 $10,010,000 $102,143
    4-5% 11 $3,045,000 $276,818
    <2.5% 8 $70,000 $8,750
    3-4% 1 $255,000 $255,000

    During 2023, Cambridge's most frequently originated rate bucket was 6-7%, with 290 originations.

    Loan Sizing (Cambridge, MD MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 346 $95,780,000 $276,821
    $100k-200k 176 $26,970,000 $153,239
    $100,000 or less 130 $7,060,000 $54,308
    $400k-600k 32 $15,010,000 $469,063
    $600k-1000k 8 $6,300,000 $787,500
    $Over $1MM 5 $5,965,000 $1,193,000

    Cambridge's loan sizing saw the bucket of loans from $200k-400k with 346 originations, totaling $95,780,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 361 $96,205,000 $266,496
    60-80% 112 $26,940,000 $240,536
    Under 20% 66 $2,880,000 $43,636
    20-40% 61 $7,355,000 $120,574
    40-60% 40 $9,210,000 $230,250
    Over 100% 16 $5,150,000 $321,875

    Cambridge's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 361 originations, totaling $96,205,000 in origination value.