Maryland Refinance Rates
Compare today's refi rates in Maryland (MD). Updated 2026-04-28.
Avg. 30-Year Refi Rate
6.67%
State average · MD
Avg. 15-Year Refi Rate
5.91%
State average · MD
Est. Closing Costs
$6,500
Typical range in MD
Maryland refi rates (6.67%) are 0.27% below the national average (6.94%). Source: FRED · Updated 2026-04-28.
Top Refi Lenders in Maryland (12)
30yr: 6.305%15yr: 5.555%Cash-out: 6.555%
30yr: 6.305%15yr: 5.555%Cash-out: 6.430%
30yr: 6.380%15yr: 5.630%Cash-out: 6.580%
30yr: 6.420%15yr: 5.680%Cash-out: 6.680%
30yr: 6.430%15yr: 5.680%Cash-out: 6.680%
Refinancing Tips for Maryland Homeowners
- • Average closing costs in MD are approximately $6,500 — factor this into your break-even calculation.
- • With a 30-year refi rate of 6.67%, homeowners who locked in rates above 7.5% may save significantly by refinancing.
- • Maryland has no special state tax on mortgage refinancing — check with your tax advisor for deductibility of points and fees.
- • VA IRRRL and FHA streamline refinances require less documentation and no new appraisal in most cases, making them faster to close.
FAQ: Refinancing in Maryland
What is the average refinance rate in Maryland?+
The average 30-year refinance rate in Maryland is approximately 6.67%, compared to the national average of 6.94%.
How much are refinance closing costs in Maryland?+
Estimated refinance closing costs in Maryland are approximately $6,500. This typically includes origination fees, appraisal, title insurance, and government recording fees.
How long does it take to refinance in Maryland?+
A typical refinance in Maryland takes 30-45 days from application to closing. VA IRRRL and FHA streamline refinances may close faster due to reduced documentation requirements.