Compare Today’s Mortgage Rates for Salinas, California

Pureloan searches mortgage lenders and major banks in Salinas, California 93915 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 $22,333 or $62 / month is expected in Salinas and other areas of Monterey county.

Pureloan’s search engine explores all home mortgage options in Salinas, California 93915, 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 Salinas, California 93915

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 Salinas, CA 93915, 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 Salinas, California 93915 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Salinas, 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 Salinas, California 93915

If you’re looking to buy a new home in Salinas, we have compiled a list of the leading mortgage brokers around Salinas, California 93915 to help you with your search.

Name
Address
Contact

Sea Pointe Financial

14515 Mountain Quail Rd

Salinas CA 93915

(831) 484-6149

http://www.seapointefinancial.com

Academy Mortgage - Monterey

18921 Portola Dr

Salinas CA 93915

(831) 645-1050

contact@academymortgage.com

Academy Mortgage Corporation

18921 Portola Dr

Salinas CA 93915

(831) 645-1050

branch393@academymortgage.com

Grande Homes

1520 Constitution Blvd

Salinas CA 93915

(831) 443-3600

Novastar Home Mortgage

559 E Alisal St

Salinas CA 93915

(831) 422-4444

Address

14515 Mountain Quail Rd

Salinas CA

Contact

(831) 484-6149

http://www.seapointefinancial.com

Address

18921 Portola Dr

Salinas CA

Contact

(831) 645-1050

contact@academymortgage.com

Address

18921 Portola Dr

Salinas CA

Contact

(831) 645-1050

branch393@academymortgage.com

News on Mortgages and Reverse Mortgages for Salinas, California 93915