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
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Interactive and Personalized Mortage Rates Analysis
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