Compare Today’s Mortgage Rates in Merced, California 95348
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Merced, California 95348.
Our search engine thoroughly explores all home mortgage options in Merced, California 95348, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $10,345 in lifetime cash or $29 per month in Merced and other areas of Merced county.
Summary of Average Mortgages in Merced, California 95348
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Interactive Mortgage Rate Projections for Merced, California 95348
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Merced, CA 95348. 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.
Historical Mortgage Rates in Merced, California 95348 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Merced, California and around Merced 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 | 98.28% | 96.83% | 96.85% | 94.66% | 96.29% | 95.28% | 94.58% | 96.11% | 92.96% |
avg mortgage rate | 6.37% | 4.50% | 3.05% | 3.49% | 4.52% | 4.79% | 4.37% | 4.08% | 4.22% |
% 15 year fixed mortgage | 1.72% | 2.61% | 2.64% | 3.62% | 3.12% | 3.40% | 4.86% | 3.36% | 6.89% |
avg mortgage rate | 5.75% | 3.52% | 2.37% | 2.97% | 3.70% | 3.98% | 3.58% | 3.37% | 3.41% |
Avg credit score | 747.91 | 751.36 | 750.07 | 753.32 | 756.00 | 755.03 | 743.68 | 742.96 | 750.19 |
Avg LTV (loan to value) | 81.04% | 80.24% | 80.94% | 81.47% | 79.46% | 77.54% | 78.70% | 79.39% | 79.19% |
Avg DTI (debt to income) | 40.67 | 38.97 | 37.04 | 36.48 | 38.16 | 37.66 | 36.77 | 35.97 | 35.93 |
% First time homebuyer | 47.59% | 45.64% | 40.51% | 37.92% | 36.98% | 31.89% | 30.91% | 33.44% | 29.79% |
Avg mortgage insurance % | 13.09% | 12.06% | 12.18% | 11.53% | 10.35% | 8.70% | 8.23% | 9.50% | 8.37% |
Best Mortgage Brokers around Merced, California 95348
For those searching for a new home in Merced, we have compiled a list of the top mortgage brokers located in and around Merced, California 95348 to assist you with your search.
Land Home Financial
189 W El Portal Dr
Merced CA 95348
(209) 385-8525
Mason McDuffie Mortgage Corporation
3172 Collins Dr
Merced CA 95348
(209) 384-4200
joestefani@rpm-loans.com
Jessica Chien
87 W Alexander Ave
Merced CA 95348
(209) 725-2100
jchien@londonproperties.com
Prime Lending
1355 Paseo Redondo Dr
Merced CA 95348
(209) 383-1819
http://primelending.com
Ace Cash Express
150 W Olive Ave
Merced CA 95348
(209) 385-2271
customerservice@acecashexpress.com
Address
189 W El Portal Dr
Merced CA
Contact
(209) 385-8525
Address
3172 Collins Dr
Merced CA
Contact
(209) 384-4200
joestefani@rpm-loans.com
Address
87 W Alexander Ave
Merced CA
Contact
(209) 725-2100
jchien@londonproperties.com