Compare Today’s Mortgage Rates in El Toro, California 92609

Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in El Toro, California 92609.

After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $27,199 over the lifetime of your 30-year fixed loan, or a monthly savings of $76 in El Toro and other areas of Orange county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

33.640015 -117.68819 38408

Summary of Average Mortgages in El Toro, California 92609

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for El Toro, California 92609

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in El Toro, CA 92609. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.

Local Mortgage Rates in El Toro, California 92609

Lake Forest is a city in Orange County, California. The population was 85,858 at the 2020 census.

Lake Forest incorporated as a city on December 20, 1991. Prior to incorporation, the community had been known as El Toro. Read more

Lake Forest is a city in Orange County, California. The population was 85,858 at the 2020 census.

Lake Forest incorporated as a city on December 20, 1991. Prior to incorporation, the community had been known as El Toro. Following a vote in 2000, Lake Forest expanded its city limits to include the master-planned developments of Foothill Ranch and Portola Hills. This expansion brought new homes and commercial centers to the northeastern boundary of the city.

Lake Forest has two lakes from which the city gets its name. The lakes are man-made, and condominiums and custom homes ranging from large to small line their shores. Neighborhood associations manage the lakes Each facility features tennis courts, gyms, basketball courts, barbecue pits, volleyball courts, multiple swimming pools, saunas, hot tubs and club houses for social events.

The "forest" for which the city is also named lies in the area between Ridge Route, Jeronimo, Lake Forest and Serrano roads, and consists mostly of Eucalyptus trees. It is also man-made, and was created in the first decade of the 1900s when a local landowner, Dwight Whiting, planted 400 acres of Eucalyptus groves in the vicinity of Serrano Creek as part of a lumber operation intended to draw development to the area. In the late 1960s, the Occidental Petroleum company developed a residential community in and around the Eucalyptus groves, which had long since expanded and grown much more dense. Read less

Historical Mortgage Rates in El Toro, California 92609 from 2024 - 2016

We have compiled mortgage rates charts for home loans in El Toro, California and around Orange county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.

2024 2023 2022 2021 2020 2019 2018 2017 2016
% 30 year fixed mortgage 96.80% 97.72% 97.29% 97.28% 95.73% 95.72% 95.33% 95.73% 95.76%
avg mortgage rate 6.29% 4.40% 2.94% 3.29% 4.30% 4.56% 4.21% 3.97% 4.13%
% 15 year fixed mortgage 2.49% 1.65% 2.37% 2.27% 3.58% 3.44% 4.21% 3.77% 3.75%
avg mortgage rate 5.52% 3.56% 2.36% 2.81% 3.68% 3.89% 3.52% 3.14% 3.25%
Avg credit score 766.77 769.74 767.42 768.62 762.08 761.14 757.90 757.32 760.43
Avg LTV (loan to value) 69.26% 70.11% 73.65% 74.17% 71.76% 69.55% 71.03% 72.81% 72.45%
Avg DTI (debt to income) 40.87 40.23 38.16 37.88 39.33 39.87 39.01 38.40 38.43
% First time homebuyer 48.22% 43.72% 46.30% 44.31% 42.60% 40.50% 38.79% 37.66% 37.22%
Avg mortgage insurance % 7.29% 6.25% 6.59% 7.51% 6.86% 4.80% 5.05% 5.67% 4.43%

Source: Financial Report of the US Government

Best Mortgage Brokers around El Toro, California 92609

For those searching for a new home in El Toro, we have compiled a list of the top mortgage brokers located in and around El Toro, California 92609 to assist you with your search.

Name
Address
Contact

Standard Pacific

7700 Irvine Center Dr

Irvine CA 92609

(949) 724-7800

ckoh@stanpac.com

Lexington Home Loans

8001 Irvine Center Dr

Irvine CA 92609

(949) 727-3633

http://www.lexingtonhl.com

Eastland Financial

106 Discovery

Irvine CA 92609

(949) 586-8400

http://www.4eastland.com

Genpact Mortgage Service

15420 Laguna Canyon Rd

Irvine CA 92609

(949) 417-5131

http://moneylinelending.com

South Pacific Financial Corporation

2 Ada

Irvine CA 92609

(949) 453-0069

web@www.spfcnet.com

Address

7700 Irvine Center Dr

Irvine CA

Contact

(949) 724-7800

ckoh@stanpac.com

Address

8001 Irvine Center Dr

Irvine CA

Contact

(949) 727-3633

http://www.lexingtonhl.com

Address

106 Discovery

Irvine CA

Contact

(949) 586-8400

http://www.4eastland.com

News on Mortgages and Reverse Mortgages for El Toro, California 92609