Cambridge Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Cambridge averaged 6.66% for the week of 2024-11-27, compared to the national average of 6.81% for the same period.

The average rate for the prior week (2024-11-21) was 6.99% and one month ago for the week of 2024-10-24, the average rate was 6.49%.

Cambridge's average rate one year ago was 7.24%.

For refis of the same type during the week of 2024-11-27, the average rate was 7.31%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-11-27 6.81%
Cambridge 30 Year Fixed Rate 2024-11-27 6.66%
Cambridge 30 Year Fixed Rate Refi 2024-11-27 7.31%
Cambridge 15 Year Fixed Rate 2024-11-27 6.1%
Cambridge 15 Year Fixed Rate Refi 2024-11-27 6.5%
Cambridge 30 Year FHA 2024-11-27 -0.04%
Cambridge 30 Year FHA Refi 2024-11-27 0%
Cambridge 30 Year USDA 2024-11-27 0%
Cambridge 30 Year USDA Refi 2024-11-27 -0.2%
Cambridge 30 Year VA 2024-11-27 -0.2%
Cambridge 30 Year VA Refi 2024-11-27 -0.2%
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
Cambridge's median listing price for 2024-10-01 was $304,473, a difference of $30,978 (11.3%) versus the prior year and $-5,022 versus the prior month.

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

Cambridge's average listing price for 2024-10-01 was $365,586, a difference of $12,571 (3.6%) versus the prior year and $3,211 versus the prior month.

For the 2024-10-01 period, Cambridge had 158 MLS listings, a difference of 8 listings (5%) versus the prior month and 26 listings (20%) 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
Cambridge's median listing age (time on market) for 2024-10-01 was 0 days.

Cambridge's median square footage for active listings during the 2024-10-01 period was 1,666 sqft. One year prior, the average listing was 1,576 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.