Maryland has a population of about 5.6 million, with an influx of new jobs and residents keeping the state economy on the rise. There are slightly fewer than 2.3 million housing units and a state homeownership rate of 67.7 percent. Bucking a nationwide trend, there continues to be strong demand for housing in Maryland, with robust numbers of mortgage and refinancing applications. With the state's near-full employment and proximity to Washington D.C., demand is expected to continue apace so now's the time to refinance your existing Maryland home loan or lock in a mortgage on that perfect new home.
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Maryland Association of Mortgage Brokers