Cambridge Mortgage Rates

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

30 Year Fixed Rate mortgages in Cambridge averaged 5.87% for the week of 2022-06-23, compared to the national average of 5.81% for the same period.

The average rate for the prior week (2022-06-16) was 6.04% and one month ago for the week of 2022-05-19, the average rate was 5.31%.

Cambridge's average rate one year ago was 3.41%.

For refis of the same type during the week of 2022-06-23, the average rate was 6.09%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-23 5.81%
Cambridge 30 Year Fixed Rate 2022-06-23 5.87%
Cambridge 30 Year Fixed Rate Refi 2022-06-23 6.09%
Cambridge 15 Year Fixed Rate 2022-06-23 5.24%
Cambridge 15 Year Fixed Rate Refi 2022-06-23 5.13%
Cambridge 30 Year FHA 2022-06-23 0.28%
Cambridge 30 Year FHA Refi 2022-06-23 -0.01%
Cambridge 30 Year USDA 2022-06-23 0.02%
Cambridge 30 Year USDA Refi 2022-06-23 -0.02%
Cambridge 30 Year VA 2022-06-23 0.39%
Cambridge 30 Year VA Refi 2022-06-23 0.02%
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 lendor, 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 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 69 3.03% $5,353
HOME POINT FINANCIAL CORPORATION 47 3.24% $4,123
FIRST HOME MORTGAGE CORPORATION 33 3.21% $4,966
MCLEAN MORTGAGE CORPORATION 19 3.09% $4,033
SOUTHERN TRUST MORTGAGE, LLC 18 3.31% $2,750
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED 15 2.87% $3,941
Bank of America 14 2.71% $3,921
Wells Fargo Bank 12 3.03% $3,288
AMERISAVE MORTGAGE CORPORATION 12 3.04% $4,006
UNITED WHOLESALE MORTGAGE, LLC 11 2.91% $6,585
Truist Bank 11 2.98% $3,862
Mortgage Network, Inc. 11 3.12% $5,046
GUARANTEED RATE, INC. 9 3.17% $4,121
BAY CAPITAL MORTGAGE CORPORATION 9 3.00% $3,773
Sierra Pacific Mortgage Company, Inc. 9 3.07% $3,334
ACADEMY MORTGAGE CORPORATION 7 3.09% $3,643
Mr. Cooper ( Nationstar Mortgage ) 7 3.18% $3,842
PNC Bank 6 2.98% $3,966
LOANDEPOT.COM, LLC 6 3.31% $4,027
PARTNERS 1ST Federal Credit Union 6 2.98% $3,368
Towne Bank 6 3.25% $3,744
NAVY FEDERAL CREDIT UNION 5 4.10% $6,862
JPMorgan Chase Bank 5 3.00% $3,796
EMM LOANS LLC 5 3.10% $3,401
Manufacturers and Traders Trust Company 5 3.18% $4,381
CROSSCOUNTRY MORTGAGE, LLC 4 3.59% $6,345
APEX HOME LOANS, INC. 4 3.15% $3,839
PRIMARY RESIDENTIAL MORTGAGE, INC. 4 3.34% $6,587
Prosperity Home Mortgage, LLC 4 3.59% $3,951
HOMESIDE FINANCIAL, LLC 4 3.09% $3,803
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 4 3.19% $4,773
TOWER 4 2.91% $4,303
MidAtlantic Farm Credit, ACA 4 4.63% $4,134
PENNYMAC LOAN SERVICES, LLC 3 3.37% $4,093
Nations Lending Corporation 3 3.21% $5,024
NFM, INC. 3 3.25% $4,181
SEVERN SAVINGS BANK, FSB DBA SEVERN BANK 3 3.50% $3,188
George Mason Mortgage, LLC 3 3.04% $3,905
GUARANTEED RATE AFFINITY, LLC 3 3.00% $3,417
HOMEBRIDGE FINANCIAL SERVICES, INC. 3 3.46% $5,815
InterContinental Capital Group, Inc 3 3.58% $5,106
AgFirst Farm Credit Bank 3 3.17% $3,287
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 3.21% $4,506
Flagstar Bank, FSB 2 3.25% $2,732
Hebron Savings Bank 2 4.25% $3,379
MOVEMENT MORTGAGE, LLC 2 3.16% $3,774
BROKER SOLUTIONS, INC. 2 3.19% $3,680
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 2.81% $3,570
CALIBER HOME LOANS, INC. 2 3.22% $5,100
EMBRACE HOME LOANS, INC. 2 3.31% $5,922
EagleBank 2 3.25% $3,523
Atlantic Coast Mortgage, LLC 2 3.19% $3,629
DIRECT MORTGAGE LOANS, LLC 2 3.19% $3,904
Keystone Funding, Inc. 2 3.06% $3,741
DEPARTMENT OF COMMERCE 2 2.63% $14,350
NETWORK CAPITAL FUNDING CORPORATION 2 3.38% $4,247
Congressional Bank 2 2.75% $2,767
TIDEWATER MORTGAGE SERVICES, INC. 2 3.25% $3,558
Fulton Bank 2 3.50% $5,299
Gateway First Bank 2 2.94% $3,764
MUTUAL OF OMAHA MORTGAGE, INC. 2 3.56% $6,076
CMG MORTGAGE, INC. 2 3.31% $7,017
FREEDOM MORTGAGE CORPORATION 2 3.44% $2,274
ZILLOW HOME LOANS, LLC 1 3.38% $3,494
AMERICAN FINANCIAL NETWORK, INC. 1 2.50% $6,903
AMERICAN FINANCING CORPORATION 1 3.63% $3,993
AmeriHome Mortgage Company, LLC 1 3.38% $2,184
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 3.12% $5,835
Bank-Fund Staff Federal Credit Union 1 2.63% $7,748
BETTER MORTGAGE CORPORATION 1 3.00% $10,481
Capital Bank 1 2.63% $2,547
Carrington Mortgage Services, LLC 1 3.38% $3,903
Chicago Mortgage Solutions LLC 1 2.74% $1,249
CHURCHILL MORTGAGE CORPORATION 1 2.99% $5,601
Citizens Bank 1 3.13% $7,011
DRAPER AND KRAMER MORTGAGE CORP. 1 2.99% $3,406
FBC MORTGAGE, LLC 1 3.49% $2,458
First National Bank of America 1 7.50% $7,908
FIRST SAVINGS MORTGAGE CORPORATION 1 3.25% $5,206
HOMESPIRE MORTGAGE CORPORATION 1 3.00% $5,312
HSBC BANK USA, NATIONAL ASSOCIATION 1 2.51% $6,303
INTERCOASTAL MORTGAGE COMPANY 1 2.99% $4,191
LENDERFI, INC. 1 3.25% $1,038
Meridian Bank Corporation 1 3.50% $3,946
MISSION MORTGAGE LLC 1 2.75% $3,466
Morgan Stanley Private Bank 1 2.60% $7,627
MORIA DEVELOPMENT, INC. 1 2.88% $3,717
NASA Federal Credit Union 1 2.88% $3,245
NEWREZ LLC 1 2.75% $4,703
NJ LENDERS CORP. 1 3.63% $4,751
Northpointe Bank 1 3.25% $4,370
ON Q FINANCIAL, INC. 1 3.50% $3,262
PENTAGON FEDERAL CREDIT UNION 1 2.75% $6,126
POLARIS HOME FUNDING CORP. 1 3.50% $7,626
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 3.25% $4,342
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 3.50% $1,685
Sandy Spring Bank 1 3.13% $4,885
Signal Financial Federal Credit Union 1 2.75% $3,865
SIRVA MORTGAGE, INC. 1 2.75% $0
SOFI LENDING CORP. 1 3.00% $2,268
SWBC MORTGAGE CORPORATION 1 2.75% $3,889
TD Bank 1 3.25% $6,887
The Federal Savings Bank 1 2.88% $3,481
UNIVERSAL MORTGAGE & FINANCE, INC. 1 3.13% $8,157
Univest Bank and Trust Co. 1 3.38% $3,492
VANDERBILT MORTGAGE AND FINANCE, INC. 1 5.25% $4,469
Vellum Mortgage, Inc. 1 3.63% $5,871
WesBanco Bank, Inc. 1 2.88% $3,791
ABSOLUTE HOME MORTGAGE CORPORATION 1 3.75% $3,404

Cambridge, MD's 109 lenders originated 1,317 loans during 2021. The total origination value was $292,225,000, with an average loan value of $221,887.

The top Cambridge lender as defined by loan originations is QUICKEN LOANS, LLC, with 69 loans originated. Their average total fees are $5,353, which is $1,230 higher than the next largest lender, HOME POINT FINANCIAL CORPORATION.

The lowest fee Cambridge lenders (with over 10 loans originated) are SOUTHERN TRUST MORTGAGE, LLC ($2,750), Wells Fargo Bank ($3,288), Truist Bank ($3,862), Bank of America ($3,921) and STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED ($3,941).

The lowest rate Cambridge lenders (with over 10 loans originated) are Bank of America (2.71%), STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED (2.87%), UNITED WHOLESALE MORTGAGE, LLC (2.91%), Truist Bank (2.98%) and QUICKEN LOANS, LLC (3.03%).

Cambridge, MD Lender 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 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
QUICKEN LOANS, LLC $17,940,000 $29,775,000 66.0% 10.2%
HOME POINT FINANCIAL CORPORATION $11,010,000 $21,760,000 97.6% 7.4%
FIRST HOME MORTGAGE CORPORATION $12,255,000 $13,265,000 8.2% 4.5%
SOUTHERN TRUST MORTGAGE, LLC $3,395,000 $9,680,000 185.1% 3.3%
MCLEAN MORTGAGE CORPORATION $4,135,000 $9,390,000 127.1% 3.2%
Provident State Bank, Inc. $6,365,000 $8,955,000 40.7% 3.1%
Bank of America $5,445,000 $8,505,000 56.2% 2.9%
STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED $4,210,000 $7,965,000 89.2% 2.7%
FREEDOM MORTGAGE CORPORATION $5,620,000 $7,065,000 25.7% 2.4%
UNITED WHOLESALE MORTGAGE, LLC $6,365,000 $6,885,000 8.2% 2.4%
Truist Bank $4,255,000 $6,140,000 44.3% 2.1%
Wells Fargo Bank $5,490,000 $5,605,000 2.1% 1.9%
CROSSCOUNTRY MORTGAGE, LLC $2,220,000 $4,550,000 105.0% 1.6%
AMERISAVE MORTGAGE CORPORATION $1,205,000 $4,395,000 264.7% 1.5%
Sierra Pacific Mortgage Company, Inc. $3,040,000 $4,210,000 38.5% 1.4%
Mortgage Network, Inc. $1,295,000 $4,185,000 223.2% 1.4%
LOANDEPOT.COM, LLC $2,370,000 $4,130,000 74.3% 1.4%
The Queenstown Bank of Maryland $590,000 $3,970,000 572.9% 1.4%
GUARANTEED RATE, INC. $2,115,000 $3,945,000 86.5% 1.3%
BAY CAPITAL MORTGAGE CORPORATION $6,665,000 $3,940,000 -40.9% 1.3%
Shore United Bank $2,650,000 $3,635,000 37.2% 1.2%
PARTNERS 1ST Federal Credit Union $935,000 $3,200,000 242.2% 1.1%
Mr. Cooper ( Nationstar Mortgage ) $1,345,000 $3,125,000 132.3% 1.1%
PENNYMAC LOAN SERVICES, LLC $1,355,000 $3,105,000 129.2% 1.1%
JPMorgan Chase Bank $1,565,000 $3,095,000 97.8% 1.1%
NAVY FEDERAL CREDIT UNION $1,735,000 $3,070,000 76.9% 1.1%
MOVEMENT MORTGAGE, LLC $1,645,000 $2,990,000 81.8% 1.0%
ACADEMY MORTGAGE CORPORATION $2,405,000 $2,870,000 19.3% 1.0%
TIDEWATER MORTGAGE SERVICES, INC. $1,650,000 $2,750,000 66.7% 0.9%
NEWREZ LLC $1,680,000 $2,675,000 59.2% 0.9%
PNC Bank $415,000 $2,660,000 541.0% 0.9%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,495,000 $2,640,000 76.6% 0.9%
Manufacturers and Traders Trust Company $4,210,000 $2,575,000 -38.8% 0.9%
CALIBER HOME LOANS, INC. $4,215,000 $2,235,000 -47.0% 0.8%
Hebron Savings Bank $2,395,000 $2,060,000 -14.0% 0.7%
EMBRACE HOME LOANS, INC. $2,120,000 $2,010,000 -5.2% 0.7%
Nations Lending Corporation $1,680,000 $1,995,000 18.8% 0.7%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,900,000 n/a 0.7%
Keystone Funding, Inc. $1,895,000 n/a 0.6%
DIRECT MORTGAGE LOANS, LLC $1,260,000 $1,795,000 42.5% 0.6%
Mortgage Research Center, LLC $2,140,000 $1,735,000 -18.9% 0.6%
Towne Bank $1,965,000 $1,715,000 -12.7% 0.6%
Carrington Mortgage Services, LLC $1,440,000 $1,710,000 18.8% 0.6%
Atlantic Coast Mortgage, LLC $345,000 $1,610,000 366.7% 0.6%
Prosperity Home Mortgage, LLC $1,905,000 $1,590,000 -16.5% 0.5%
TOWER $215,000 $1,525,000 609.3% 0.5%
BETTER MORTGAGE CORPORATION $965,000 $1,420,000 47.2% 0.5%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $95,000 $1,390,000 1,363.2% 0.5%
DEPARTMENT OF COMMERCE $765,000 $1,390,000 81.7% 0.5%
GUARANTEED RATE AFFINITY, LLC $905,000 $1,280,000 41.4% 0.4%
EMM LOANS LLC $2,775,000 $1,210,000 -56.4% 0.4%
AgFirst Farm Credit Bank $435,000 $1,185,000 172.4% 0.4%
PENTAGON FEDERAL CREDIT UNION $615,000 $1,180,000 91.9% 0.4%
HOMESIDE FINANCIAL, LLC $185,000 $1,175,000 535.1% 0.4%
APEX HOME LOANS, INC. $105,000 $1,150,000 995.2% 0.4%
FIRST SAVINGS MORTGAGE CORPORATION $470,000 $1,140,000 142.6% 0.4%
AMERICAN FINANCIAL NETWORK, INC. $635,000 $1,110,000 74.8% 0.4%
NFM, INC. $1,950,000 $1,105,000 -43.3% 0.4%
Fulton Bank $1,065,000 n/a 0.4%
PRIMARY RESIDENTIAL MORTGAGE, INC. $225,000 $1,065,000 373.3% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $885,000 $1,050,000 18.6% 0.4%
MidAtlantic Farm Credit, ACA $250,000 $1,050,000 320.0% 0.4%
ON Q FINANCIAL, INC. $640,000 $1,045,000 63.3% 0.4%
Flagstar Bank, FSB $1,030,000 n/a 0.4%
Northpointe Bank $1,025,000 n/a 0.4%
Morgan Stanley Private Bank $1,015,000 n/a 0.3%
CMG MORTGAGE, INC. $990,000 n/a 0.3%
HOMESPIRE MORTGAGE CORPORATION $985,000 n/a 0.3%
InterContinental Capital Group, Inc $115,000 $975,000 747.8% 0.3%
NEW DAY FINANCIAL, LLC $1,770,000 $970,000 -45.2% 0.3%
George Mason Mortgage, LLC $1,790,000 $955,000 -46.6% 0.3%
VILLAGE CAPITAL & INVESTMENT LLC $355,000 $940,000 164.8% 0.3%
HSBC BANK USA, NATIONAL ASSOCIATION $905,000 n/a 0.3%
TOWNE MORTGAGE COMPANY $5,115,000 $885,000 -82.7% 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $155,000 $760,000 390.3% 0.3%
SWBC MORTGAGE CORPORATION $460,000 $755,000 64.1% 0.3%
SEVERN SAVINGS BANK, FSB DBA SEVERN BANK $145,000 $750,000 417.2% 0.3%
SUN WEST MORTGAGE COMPANY, INC. $325,000 $750,000 130.8% 0.3%
Chicago Mortgage Solutions LLC $735,000 n/a 0.3%
EQUITY RESOURCES, INC. $680,000 $730,000 7.4% 0.2%
The Federal Savings Bank $390,000 $725,000 85.9% 0.2%
TD Bank $715,000 n/a 0.2%
Paramount Residential Mortgage Group, Inc. $705,000 n/a 0.2%
USAA Federal Savings Bank $1,260,000 $685,000 -45.6% 0.2%
LAKEVIEW LOAN SERVICING, LLC $420,000 $670,000 59.5% 0.2%
NETWORK CAPITAL FUNDING CORPORATION $605,000 n/a 0.2%
Gateway First Bank $580,000 n/a 0.2%
Sandy Spring Bank $125,000 $565,000 352.0% 0.2%
Vellum Mortgage, Inc. $545,000 n/a 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $710,000 $510,000 -28.2% 0.2%
BROKER SOLUTIONS, INC. $280,000 $505,000 80.4% 0.2%
Wyndham Capital Mortgage, Inc. $355,000 $495,000 39.4% 0.2%
Presidential Bank, FSB $490,000 n/a 0.2%
NATIONS DIRECT MORTGAGE, LLC $450,000 n/a 0.2%
TJC Mortgage, Inc. $1,190,000 $440,000 -63.0% 0.2%
UNIVERSAL MORTGAGE & FINANCE, INC. $420,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $165,000 $415,000 151.5% 0.1%
Bank of England $410,000 n/a 0.1%
Ameris Bank $700,000 $405,000 -42.1% 0.1%
EagleBank $310,000 $400,000 29.0% 0.1%
NJ LENDERS CORP. $395,000 n/a 0.1%
Meridian Bank Corporation $550,000 $390,000 -29.1% 0.1%
CLEARPATH LENDING $450,000 $370,000 -17.8% 0.1%
Citizens Bank $1,705,000 $365,000 -78.6% 0.1%
Congressional Bank $360,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $350,000 n/a 0.1%
First Mortgage Solutions, LLC $345,000 n/a 0.1%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $420,000 $335,000 -20.2% 0.1%
The Huntington National Bank $335,000 n/a 0.1%
INTERCOASTAL MORTGAGE COMPANY $410,000 $315,000 -23.2% 0.1%
Univest Bank and Trust Co. $315,000 n/a 0.1%
The Freedom Bank of Virginia $205,000 $305,000 48.8% 0.1%
UNION HOME MORTGAGE CORP. $305,000 n/a 0.1%
MORIA DEVELOPMENT, INC. $105,000 $290,000 176.2% 0.1%
Capital Bank $285,000 n/a 0.1%
Bank-Fund Staff Federal Credit Union $665,000 $275,000 -58.6% 0.1%
DAS Acquisition Company, LLC $275,000 n/a 0.1%
OCEANSIDE MORTGAGE COMPANY $195,000 $265,000 35.9% 0.1%
LENDINGHOME FUNDING CORPORATION $260,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $255,000 n/a 0.1%
Citibank $255,000 n/a 0.1%
Plains Commerce Bank $255,000 n/a 0.1%
SIRVA MORTGAGE, INC. $255,000 n/a 0.1%
SOFI LENDING CORP. $255,000 n/a 0.1%
The Farmers Bank of Willards $255,000 n/a 0.1%
Waterstone Mortgage Corporation $690,000 $245,000 -64.5% 0.1%
Low VA Rates, LLC $235,000 n/a 0.1%
Northwest Federal Credit Union $235,000 n/a 0.1%
WesBanco Bank, Inc. $520,000 $235,000 -54.8% 0.1%
Wilmington Savings Fund Society, FSB $320,000 $235,000 -26.6% 0.1%
Prime Choice Funding Inc. $225,000 n/a 0.1%
STEARNS LENDING, LLC $515,000 $225,000 -56.3% 0.1%
Texana Bank $225,000 n/a 0.1%
1ST PREFERENCE MORTGAGE CORP. $105,000 $215,000 104.8% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $205,000 n/a 0.1%
GUILD MORTGAGE COMPANY $205,000 n/a 0.1%
U.S. Bank $395,000 $200,000 -49.4% 0.1%
1ST FINANCIAL, INC. $195,000 n/a 0.1%
Colten Mortgage, LLC $195,000 n/a 0.1%
PLANET HOME LENDING, LLC $1,190,000 $190,000 -84.0% 0.1%
Atlantic Home Loans, Inc. $185,000 n/a 0.1%
FBC MORTGAGE, LLC $145,000 $185,000 27.6% 0.1%
POLARIS HOME FUNDING CORP. $185,000 n/a 0.1%
Victorian Finance, LLC $185,000 n/a 0.1%
AmeriHome Mortgage Company, LLC $235,000 $175,000 -25.5% 0.1%
BAYSHORE MORTGAGE FUNDING, LLC $165,000 n/a 0.1%
EDUCATIONAL SYSTEMS $210,000 $165,000 -21.4% 0.1%
Financial Freedom Mortgage, LLC $165,000 n/a 0.1%
MISSION MORTGAGE LLC $165,000 n/a 0.1%
Equity Prime Mortgage LLC $155,000 n/a 0.1%
HomePromise Corporation $155,000 n/a 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $885,000 $145,000 -83.6% 0.0%
FIRST FINANCIAL OF MARYLAND $145,000 n/a 0.0%
First Guaranty Mortgage Corporation $300,000 $145,000 -51.7% 0.0%
Magnolia Bank $165,000 $145,000 -12.1% 0.0%
ZILLOW HOME LOANS, LLC $145,000 n/a 0.0%
Deere Employees Credit Union $140,000 n/a 0.0%
First Heritage Mortgage, LLC $135,000 n/a 0.0%
First National Bank of America $85,000 $135,000 58.8% 0.0%
LENDERFI, INC. $365,000 $135,000 -63.0% 0.0%
NASA Federal Credit Union $135,000 n/a 0.0%
Signal Financial Federal Credit Union $135,000 n/a 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $135,000 n/a 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $740,000 $125,000 -83.1% 0.0%
Mid-Continent Funding, Inc. $125,000 n/a 0.0%
RESIDENTIAL HOME FUNDING CORP. $125,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $120,000 n/a 0.0%
Metro City Bank $115,000 n/a 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $110,000 $115,000 4.5% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $105,000 n/a 0.0%
DEL-ONE FEDERAL CREDIT UNION $85,000 n/a 0.0%
First Shore Federal Savings and Loan Association $130,000 $80,000 -38.5% 0.0%
TIDEMARK FEDERAL CREDIT UNION $145,000 $75,000 -48.3% 0.0%
ABSOLUTE HOME MORTGAGE CORPORATION $55,000 n/a 0.0%
Baxter Credit Union $55,000 n/a 0.0%
SPRING EQ, LLC $45,000 n/a 0.0%
21ST MORTGAGE CORPORATION $35,000 $35,000 0.0% 0.0%
AMERICAN ADVISORS GROUP $35,000 n/a 0.0%
Mid-Atlantic Federal Credit Union $65,000 $35,000 -46.2% 0.0%
Home Loan Investment Bank, F.S.B. $15,000 $25,000 66.7% 0.0%

Cambridge's top lender by overall market share is QUICKEN LOANS, LLC, with 10.2% market share. In second place, with 7.4%, is HOME POINT FINANCIAL CORPORATION, having originated $21,760,000 in loans. In third place, with 4.5%, is FIRST HOME MORTGAGE CORPORATION, having originated $13,265,000 in loans. In third place, with 3.3%, is SOUTHERN TRUST MORTGAGE, LLC, having originated $9,680,000 in loans. In third place, with 3.2%, is MCLEAN MORTGAGE CORPORATION, having originated $9,390,000 in loans.


Cambridge, MD Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 592 $147,170,000 $248,598
Refi 439 $90,795,000 $206,822
Cash Out Refi 242 $48,290,000 $199,545
Other 27 $3,765,000 $139,444
Home Improvement 17 $2,205,000 $129,706

Cambridge's most frequently cited loan purpose was Home Purchase, with 592 originations. The 2nd most popular reason was Refi, with 439 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 512 $119,170,000 $232,754
3-4% 443 $94,015,000 $212,223
<2.5% 222 $51,050,000 $229,955
4-5% 42 $7,860,000 $187,143
5-6% 10 $1,090,000 $109,000
Over 8% 5 $415,000 $83,000
6-7% 3 $95,000 $31,667
7-8% 3 $245,000 $81,667

During 2021, Cambridge's most frequently originated rate bucket was 2.5-3%, with 512 originations.

Loan Sizing (Cambridge, MD MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 560 $150,620,000 $268,964
$100k-200k 535 $80,465,000 $150,402
$100,000 or less 131 $9,015,000 $68,817
$400k-600k 71 $34,515,000 $486,127
$600k-1000k 15 $10,925,000 $728,333
$Over $1MM 5 $6,685,000 $1,337,000

Cambridge's loan sizing saw the bucket of loans from $200k-400k with 560 originations, totaling $150,620,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 538 $126,700,000 $235,502
60-80% 401 $95,285,000 $237,618
40-60% 152 $29,010,000 $190,855
20-40% 64 $8,500,000 $132,813
Under 20% 26 $1,210,000 $46,538
Over 100% 20 $5,780,000 $289,000

Cambridge's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 538 originations, totaling $126,700,000 in origination value.


Market Conditions (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 $199,450 (14.0%) $322,750 (25.9%) 0.00 211
2018-02-01 $202,450 (12.5%) $323,558 (23.2%) 0.00 216
2018-03-01 $210,000 (9.4%) $327,008 (23.3%) 0.00 217
2018-04-01 $212,450 (9.0%) $304,877 (1.9%) 0.00 222
2018-05-01 $219,450 (10.0%) $307,294 (2.1%) 0.00 243
2018-06-01 $225,000 (12.6%) $313,098 (3.9%) 0.00 250
2018-07-01 $230,995 (7.4%) $313,531 (5.1%) 0.00 247
2018-08-01 $225,000 (7.7%) $311,461 (5.3%) 0.00 252
2018-09-01 $229,000 (4.1%) $282,112 (-15.9%) 0.00 247
2018-10-01 $239,575 (5.6%) $304,715 (-8.7%) 0.00 236
2018-11-01 $239,250 (14.5%) $328,780 (3.5%) 0.00 225
2018-12-01 $225,000 (9.8%) $330,372 (2.1%) 0.00 213
2019-01-01 $214,000 (7.3%) $316,353 (-2.0%) 0.00 196
2019-02-01 $207,450 (2.5%) $315,454 (-2.5%) 0.00 208
2019-03-01 $202,086 (-3.8%) $308,918 (-5.5%) 0.00 217
2019-04-01 $207,500 (-2.3%) $301,819 (-1.0%) 0.00 234
2019-05-01 $210,000 (-4.3%) $300,386 (-2.3%) 0.00 247
2019-06-01 $229,000 (1.8%) $306,751 (-2.0%) 0.00 245
2019-07-01 $229,000 (-0.9%) $309,129 (-1.4%) 0.00 244
2019-08-01 $233,471 (3.8%) $309,431 (-0.7%) 0.00 228
2019-09-01 $225,971 (-1.3%) $307,634 (9.1%) 0.00 219
2019-10-01 $226,950 (-5.3%) $311,133 (2.1%) 0.00 217
2019-11-01 $239,900 (0.3%) $336,842 (2.5%) 0.00 213
2019-12-01 $225,000 (0.0%) $330,679 (0.1%) 0.00 197
2020-01-01 $220,000 (2.8%) $328,794 (3.9%) 0.00 185
2020-02-01 $220,000 (6.1%) $323,581 (2.6%) 0.00 180
2020-03-01 $232,450 (15.0%) $323,593 (4.8%) 0.00 194
2020-04-01 $224,900 (8.4%) $310,946 (3.0%) 0.00 186
2020-05-01 $229,900 (9.5%) $309,474 (3.0%) 0.00 179
2020-06-01 $232,200 (1.4%) $324,834 (5.9%) 0.00 160
2020-07-01 $239,000 (4.4%) $332,522 (7.6%) 0.00 139
2020-08-01 $230,000 (-1.5%) $302,996 (-2.1%) 0.00 135
2020-09-01 $209,450 (-7.3%) $298,229 (-3.1%) 0.00 132
2020-10-01 $244,900 (7.9%) $415,073 (33.4%) 0.00 134
2020-11-01 $235,000 (-2.0%) $434,583 (29.0%) 0.00 127
2020-12-01 $227,000 (0.9%) $463,978 (40.3%) 0.00 103
2021-01-01 $237,990 (8.2%) $483,883 (47.2%) 0.00 88
2021-02-01 $248,700 (13.1%) $517,678 (60.0%) 0.00 82
2021-03-01 $244,450 (5.2%) $562,011 (73.7%) 0.00 72
2021-04-01 $278,945 (24.0%) $578,385 (86.0%) 0.00 68
2021-05-01 $305,000 (32.7%) $587,603 (89.9%) 0.00 80
2021-06-01 $312,450 (34.6%) $601,127 (85.1%) 0.00 86
2021-07-01 $297,500 (24.5%) $551,906 (66.0%) 0.00 105
2021-08-01 $292,450 (27.2%) $477,015 (57.4%) 0.00 104
2021-09-01 $299,700 (43.1%) $484,098 (62.3%) 0.00 107
2021-10-01 $305,000 (24.5%) $362,550 (-12.7%) 0.00 109
2021-11-01 $299,900 (27.6%) $384,480 (-11.5%) 0.00 107
2021-12-01 $299,000 (31.7%) $366,198 (-21.1%) 0.00 104
2022-01-01 $299,000 (25.6%) $363,382 (-24.9%) 0.00 87
2022-02-01 $299,450 (20.4%) $339,732 (-34.4%) 0.00 77
2022-03-01 $289,950 (18.6%) $329,737 (-41.3%) 0.00 94
2022-04-01 $275,900 (-1.1%) $324,830 (-43.8%) 0.00 112
2022-05-01 $294,000 (-3.6%) $334,109 (-43.1%) 0.00 121
Cambridge's median listing price for 2022-05-01 was $294,000, a difference of $-11,000 (-3.6%) versus the prior year and $18,100 versus the prior month.

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

Cambridge's average listing price for 2022-05-01 was $334,109, a difference of $-253,494 (-43.1%) versus the prior year and $9,279 versus the prior month.

For the 2022-05-01 period, Cambridge had 121 MLS listings, a difference of 9 listings (8%) versus the prior month and 41 listings (51%) 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 1,686 sqft
2018-03-01 0 days 1,696 sqft
2018-04-01 0 days 1,686 sqft
2018-05-01 0 days 1,696 sqft
2018-06-01 0 days 1,696 sqft
2018-07-01 0 days 1,695 sqft
2018-08-01 0 days 1,673 sqft
2018-09-01 0 days 1,694 sqft
2018-10-01 0 days 1,784 sqft
2018-11-01 0 days 1,796 sqft
2018-12-01 0 days 1,810 sqft
2019-01-01 0 days 1,805 sqft
2019-02-01 0 days 1,824 sqft
2019-03-01 0 days 1,779 sqft
2019-04-01 0 days 1,724 sqft
2019-05-01 0 days 1,688 sqft
2019-06-01 0 days 1,720 sqft
2019-07-01 0 days 1,720 sqft
2019-08-01 0 days 1,738 sqft
2019-09-01 0 days 1,738 sqft
2019-10-01 0 days 1,743 sqft
2019-11-01 0 days 1,792 sqft
2019-12-01 0 days 1,738 sqft
2020-01-01 0 days 1,747 sqft
2020-02-01 0 days 1,738 sqft
2020-03-01 0 days 1,792 sqft
2020-04-01 0 days 1,792 sqft
2020-05-01 0 days 1,744 sqft
2020-06-01 0 days 1,744 sqft
2020-07-01 0 days 1,773 sqft
2020-08-01 0 days 1,732 sqft
2020-09-01 0 days 1,675 sqft
2020-10-01 0 days 1,746 sqft
2020-11-01 0 days 1,729 sqft
2020-12-01 0 days 1,670 sqft
2021-01-01 0 days 1,737 sqft
2021-02-01 0 days 1,751 sqft
2021-03-01 0 days 1,721 sqft
2021-04-01 0 days 1,628 sqft
2021-05-01 0 days 1,816 sqft
2021-06-01 0 days 1,735 sqft
2021-07-01 0 days 1,740 sqft
2021-08-01 0 days 1,711 sqft
2021-09-01 0 days 1,643 sqft
2021-10-01 0 days 1,647 sqft
2021-11-01 0 days 1,613 sqft
2021-12-01 0 days 1,655 sqft
2022-01-01 0 days 1,662 sqft
2022-02-01 0 days 1,595 sqft
2022-03-01 0 days 1,584 sqft
2022-04-01 0 days 1,600 sqft
2022-05-01 0 days 1,580 sqft
Cambridge's median listing age (time on market) for 2022-05-01 was 0 days.

Cambridge's median square footage for active listings during the 2022-05-01 period was 1,580 sqft. One year prior, the average listing was 1,816 sqft.