Compare Today’s Mortgage Rates for Morgan Hill, California

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Morgan Hill, California 95038. 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 $140,479 or $390 / month in Morgan Hill and surrounding areas of Santa Clara 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 Morgan Hill, California 95038.

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Summary of Average Mortgage Terms in Morgan Hill, California 95038

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 Morgan Hill, CA 95038, 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 Morgan Hill, California 95038 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Morgan Hill, California and around Santa Clara 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 95.04% 94.18% 94.66% 95.12% 95.94% 95.61% 97.29% 94.51%
avg mortgage rate 4.96% 4.71% 3.96% 4.01% 4.48% 4.15% 4.00% 4.22%
% 15 year fixed mortgage 4.17% 5.08% 4.76% 4.68% 3.78% 4.21% 2.71% 5.24%
avg mortgage rate 4.38% 3.87% 3.26% 3.14% 3.45% 3.33% 3.06% 3.48%
Avg credit score 765.46 766.53 767.45 760.49 756.42 757.49 753.09 751.38
Avg LTV (loan to value) 69.93% 71.17% 73.45% 72.22% 72.29% 71.28% 71.40% 71.77%
Avg DTI (debt to income) 36.74 35.95 34.75 36.22 37.05 37.50 37.63 37.80
% First time homebuyer 45.35% 40.48% 38.00% 37.07% 37.02% 35.72% 40.68% 43.14%
Avg mortgage insurance % 1.24% 2.11% 3.46% 3.65% 4.27% 3.36% 4.29% 5.48%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Morgan Hill, California 95038

If you’re looking to buy a new home in Morgan Hill, we have compiled a list of the leading mortgage brokers around Morgan Hill, California 95038 to help you with your search.

Name
Address
Contact

Pacific Coast Mortgage Company

16355 Oak Canyon Dr

Morgan Hill CA 95038

(408) 779-2278

Network Financial

145 W Main Ave

Morgan Hill CA 95038

(408) 778-2274

Nguyen Loan

275 Fox Hollow Cir

Morgan Hill CA 95038

(408) 612-8956

Martin Group Lending

16275 Monterey St

Morgan Hill CA 95038

(408) 612-4694

New Century Mortgage

17485 Monterey St

Morgan Hill CA 95038

(408) 776-1402

Address

16355 Oak Canyon Dr

Morgan Hill CA

Contact

(408) 779-2278

Address

145 W Main Ave

Morgan Hill CA

Contact

(408) 778-2274

Address

275 Fox Hollow Cir

Morgan Hill CA

Contact

(408) 612-8956

News on Mortgages and Reverse Mortgages for Morgan Hill, California 95038