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City of Baltimore

Baltimore MD mortgage rates have held steady today.

Initial Jobless Claims came in at 469,000 this morning, which was in line with current expectations. Continuing Claims, meanwhile, for those who continue to receive unemployment benefits for up to 26 weeks, dropped by 134,000 to 4.5 million.

These numbers are mediocre at best.  We have really not seen any significant improvement in the labor market.

Coupled with this morning’s Pending Home Sales report from the National Association of Realtors, rates have held steady.

Keep an eye on tomorrow Jobs Report.

Current Baltimore MD mortgage rates are as follows:

30-Year Fixed: 5.000% with 0 points

15-Year Fixed: 4.375% with 0 points

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* Rates shown assume a minimum credit score of 720 and a LTV of less than 70%. Adjustments may apply to lower credit scores or to higher LTVs.

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