Compare Today’s Mortgage Rates for Morro Bay, California

Pureloan searches mortgage lenders and major banks in Morro Bay, California 93443 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $29,213 or $81 / month is expected in Morro Bay and other areas of San Luis Obispo county.

Pureloan’s search engine explores all home mortgage options in Morro Bay, California 93443, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

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Summary of Average Mortgage Terms in Morro Bay, California 93443

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 Morro Bay, CA 93443, 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 Morro Bay, California 93443 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Morro Bay, California and around San Luis Obispo 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 Morro Bay, California 93443

If you’re looking to buy a new home in Morro Bay, we have compiled a list of the leading mortgage brokers around Morro Bay, California 93443 to help you with your search.

Name
Address
Contact

Wells Fargo Home Mortgage

620 Quintana Rd

Morro Bay CA 93443

(805) 781-6143

http://www.wellsfargo.com/mortgage/

Gayle Robert Reverse Mortgage

365 Quintana Rd

Morro Bay CA 93443

(805) 772-2775

http://www.reversepro.com

Broadview Mortgage

1203 Main St

Morro Bay CA 93443

(805) 772-3863

http://www.broadviewmortgagesd.com

Gmac Mortgage

625 14th St

Paso Robles CA 93443

(805) 238-5004

Salamander Mortgage

1818 Spring St

Paso Robles CA 93443

(805) 226-5577

Address

620 Quintana Rd

Morro Bay CA

Contact

(805) 781-6143

http://www.wellsfargo.com/mortgage/

Address

365 Quintana Rd

Morro Bay CA

Contact

(805) 772-2775

http://www.reversepro.com

Address

1203 Main St

Morro Bay CA

Contact

(805) 772-3863

http://www.broadviewmortgagesd.com

News on Mortgages and Reverse Mortgages for Morro Bay, California 93443