Compare Today’s Mortgage Rates in Midway City, California 92655

Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Midway City, California 92655.

Our search engine thoroughly explores all home mortgage options in Midway City, California 92655, 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 $26,111 in lifetime cash or $73 per month in Midway City and other areas of Orange county.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

33.752756 -117.991312 38436

Summary of Average Mortgages in Midway City, California 92655

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Midway City, California 92655

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Midway City, CA 92655. 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 Midway City, California 92655

Midway City is a census-designated place in the United States that forms part of the county land controlled by Orange County, California. Read more

Midway City is a census-designated place in the United States that forms part of the county land controlled by Orange County, California. The only area in Orange County that incorporates its chamber of commerce and homeowners association to act in concert like a city council, the area mostly is surrounded by Westminster with Huntington Beach bordering it on the southwest. Midway City was so named because it is horizontally midway between Seal Beach, to the west, and Santa Ana, to the east. The 2010 census listed the population as 8,485.

Midway City is one of Orange County's oldest communities, and many of its homes are 1950s construction. The area includes two mobile home parks and the residents who live here are of moderate income, with many of them senior citizens. As described by Midway City local historian in 2008, "Midway City is desirable because of its large lots – typically over 8,000 square feet with many larger lots as well.... The trend is that buyers are scraping the lots and building big homes or adding large additions onto the original home." The community fits within a 1.3 square miles area and takes up 0.632 square miles of land.

Being an unincorporated county area, municipal annexation by cities bordering Midway City is an ongoing issue for Midway City. Attempts at complete annexation have met fierce resistance from Midway's residents, who would rather have their community remain an unincorporated area of Orange County to maintain water and property tax rates that are lower than neighboring communities.However, Midway City's land adjacent to its borders has slowly been annexed by Westminster over time, particularly for public schools sites, to transfer decision making and government school funds from the county to the city. Annexation has also occurred along the heavily-traveled Beach Boulevard/California State Route 39, where that annexed land could be redeveloped to generate significant business tax revenue for Westminster. As a result, Midway City presently is composed of four anemic sections, or "islands", that have stepped boundaries which include mostly residential property, small businesses, and not-for-profit businesses such as churches, American Legion Post 555, and the Brothers of Saint Patrick order. Read less

Historical Mortgage Rates in Midway City, California 92655 from 2024 - 2016

We have compiled mortgage rates charts for home loans in Midway City, 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 Midway City, California 92655

For those searching for a new home in Midway City, we have compiled a list of the top mortgage brokers located in and around Midway City, California 92655 to assist you with your search.

Name
Address
Contact

Imortgage

1301 Dove St

Newport Beach CA 92655

(949) 705-0550

christina.long@imortgage.com

Dwyer Curlett

1500 Quail St

Newport Beach CA 92655

(949) 222-1100

http://www.q10capital.com/

Network Lending Services

1400 Quail St

Newport Beach CA 92655

(949) 797-9188

contact@nlslending.com

Emery Financial

620 Newport Center Dr

Newport Beach CA 92655

(949) 729-9200

csimpson@emeryfinancial.com

The Nikols Comapany

4041 MacArthur Blvd

Newport Beach CA 92655

(949) 474-7577

lschultz@nikolsco.com

Address

1301 Dove St

Newport Beach CA

Contact

(949) 705-0550

christina.long@imortgage.com

Address

1500 Quail St

Newport Beach CA

Contact

(949) 222-1100

http://www.q10capital.com/

Address

1400 Quail St

Newport Beach CA

Contact

(949) 797-9188

contact@nlslending.com

News on Mortgages and Reverse Mortgages for Midway City, California 92655