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
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Interactive and Personalized Mortage Rates Analysis
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