Compare Today’s Mortgage Rates for Downey, California

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Downey, California 90242. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $25,776 or $72 / month in Downey and other areas of Los Angeles county.

Our search engine explores all home mortgage options in Downey, California 90242, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

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Summary of Average Mortgage Terms in Downey, California 90242

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Downey, CA 90242, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.

Historical Mortgage Rates for Downey, California 90242 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Downey, California and around Los Angeles county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed mortgage 96.00% 95.23% 95.16% 96.62% 96.73% 95.89% 97.64% 98.53%
avg mortgage rate 5.03% 4.74% 4.01% 4.10% 4.53% 4.19% 4.06% 4.29%
% 15 year fixed mortgage 3.07% 4.36% 4.45% 2.85% 3.00% 3.87% 1.92% 1.33%
avg mortgage rate 4.46% 4.02% 3.37% 3.31% 3.51% 3.35% 3.27% 3.32%
Avg credit score 756.76 761.06 759.14 758.68 755.28 755.50 754.09 752.56
Avg LTV (loan to value) 72.87% 73.21% 75.09% 74.48% 74.32% 73.78% 74.78% 72.76%
Avg DTI (debt to income) 36.76 36.40 35.81 35.98 37.33 37.21 37.73 38.22
% First time homebuyer 57.20% 47.98% 49.85% 48.05% 46.73% 47.89% 44.89% 42.71%
Avg mortgage insurance % 1.79% 2.37% 3.66% 3.96% 4.58% 4.62% 5.88% 4.73%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Downey, California 90242

If you’re looking to buy a new home in Downey, we have compiled a list of the leading mortgage brokers around Downey, California 90242 to help you with your search.

Name
Address
Contact

Alix E Pinzon

8402 Florence Ave

Downey CA 90242

(562) 923-5333

Star Funding

8542 Florence Ave

Downey CA 90242

(562) 250-0378

Carver Financial

8060 Florence Ave

Downey CA 90242

(562) 806-3331

od69in@aol.com

Community Loan Service Center

8067 Florence Ave

Downey CA 90242

(562) 927-5400

Cityhomes Financial Group

8344 Florence Ave

Downey CA 90242

(562) 287-0100

Address

8402 Florence Ave

Downey CA

Contact

(562) 923-5333

Address

8542 Florence Ave

Downey CA

Contact

(562) 250-0378

Address

8060 Florence Ave

Downey CA

Contact

(562) 806-3331

od69in@aol.com

News on Mortgages and Reverse Mortgages for Downey, California 90242