Compare Today’s Mortgage Rates for Monterey, California

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Monterey, California 93944. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $33,287 or $92 / month in Monterey and surrounding areas of Monterey county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Monterey, California 93944.

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Summary of Average Mortgage Terms in Monterey, California 93944

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 Monterey, CA 93944, 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 Monterey, California 93944 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Monterey, California and around Monterey 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 96.12% 95.05% 94.55% 95.48% 96.48% 96.79% 97.64% 97.89%
avg mortgage rate 4.98% 4.72% 3.97% 4.03% 4.49% 4.14% 3.98% 4.21%
% 15 year fixed mortgage 3.40% 3.82% 4.62% 4.01% 3.35% 2.74% 2.16% 1.93%
avg mortgage rate 4.38% 3.96% 3.29% 3.08% 3.43% 3.43% 3.16% 3.42%
Avg credit score 762.68 765.35 763.51 761.72 755.79 756.12 753.86 754.82
Avg LTV (loan to value) 72.46% 74.01% 75.66% 74.81% 76.21% 74.93% 75.66% 76.79%
Avg DTI (debt to income) 36.99 36.23 35.89 36.49 37.91 38.11 38.10 39.10
% First time homebuyer 42.11% 34.94% 28.39% 32.68% 37.20% 35.03% 35.07% 37.54%
Avg mortgage insurance % 2.36% 2.77% 4.25% 5.08% 6.89% 6.04% 7.36% 8.04%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Monterey, California 93944

If you’re looking to buy a new home in Monterey, we have compiled a list of the leading mortgage brokers around Monterey, California 93944 to help you with your search.

Name
Address
Contact

Ag Mortgage Co.

30 Castanada Pl

Monterey CA 93944

(831) 372-1104

Home Savings of America

171 Webster St

Monterey CA 93944

(831) 655-1678

http://www.peoplesmortgagebanc.com

Monterey Coast Mortgage

80 Garden Ct

Monterey CA 93944

(831) 655-1644

http://www.montereycoastmortgage.com/

Property Solutions

798 Lighthouse Ave

Monterey CA 93944

(831) 648-1872

http://www.foreclosurepeople.com/

Kostkas, Richard-Agricap Financial Corporation

99 Pacific St

Monterey CA 93944

(213) 949-9798

http://agricap.com/

Address

30 Castanada Pl

Monterey CA

Contact

(831) 372-1104

Address

171 Webster St

Monterey CA

Contact

(831) 655-1678

http://www.peoplesmortgagebanc.com

Address

80 Garden Ct

Monterey CA

Contact

(831) 655-1644

http://www.montereycoastmortgage.com/

News on Mortgages and Reverse Mortgages for Monterey, California 93944