Current Best Mortgage Rates in Ocean City, MD

If you, like many other Americans, have been enticed by falling mortgage rates and are strongly considering financing your first home, the present might really be the most opportune time. Keep in mind, just because average Ocean City mortgage rates are at their lowest point in history doesn’t mean every financial institution will be offering an equally low rate. In order to reduce the overall expense of your home purchase as much as possible, you will need to research the rates available locally and find the very best.

Whether you’re interested in a traditional fixed rate mortgage or are planning on obtaining an ARM, there’s a lender in Ocean City, MD with a great rate for you. Below is a list of the best mortgage rates in Ocean City across a variety of loan types.

Ocean City Banks and Credit Unions with Lowest Mortgage Rates

Top Ocean City 15-Year Fixed Mortgage Rates

• Bank of America, National Association: 3.25%
• • No Orig. Fees
  • Points: 0.88


• Wilmington Savings Fund Society, FSB: 3.25%
• • Orig. Fees: 1%
  • Points: 0


• Branch Banking & Trust Company: 3.25%
• • No Orig. Fees
  • Points: 0

Best 30-Year Fixed Mortgage Rates in Ocean City

• Wilmington Savings Fund Society, FSB: 3.88%
• • Orig. Fees: 1%
  • Points: 0


• Branch Banking & Trust Company: 4%
• • No Orig. Fees
  • Points: 0


• Bank of America, National Association: 4.13%
• • No Orig. Fees
  • Points: 1.13

Lowest Ocean City 3/1 ARM Mortgage Rates

• Wilmington Savings Fund Society, FSB: 2.63%
• • Orig. Fees: 1%
  • Points: 0
  • Caps: 2% per Adjustment Period


• PNC Bank, National Association: 3.25%
• • Orig. Fees: $575.000
  • Points: 0
  • Caps: 2% per Adjustment Period


• Susquehanna Bank: 3.5%
• • No Orig. Fees
  • Points: 1
  • Caps: 2% per Adjustment Period

Best Mortgage Rates for a 5/1 ARM in Ocean City

• Bank of America, National Association: 2.5%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• SunTrust Bank: 2.63%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Branch Banking & Trust Company: 2.75%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Ensure you confirm these interest rates with the lender before you apply. Mortgage rates are accurate as of 11/01/11, but could change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Ocean City mortgage rate.