Compare Today’s Mortgage Rates for Melbourne, Florida

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Melbourne, Florida 32940. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $41,390 or $115 / month in Melbourne and other areas of Brevard county.

Our search engine explores all home mortgage options in Melbourne, Florida 32940, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

28.206136 -80.684959

Summary of Average Mortgage Terms in Melbourne, Florida 32940

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Melbourne, FL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Melbourne, FL 32940, 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.

Local Mortgage Rates for Melbourne, FL

Historical Mortgage Rates for Melbourne, Florida 32940 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Melbourne, Florida and around Brevard county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2014 2015 2016 2017 2018 2019 2020 2021
% 30 year fixed mortgage 88.63% 87.50% 85.95% 86.03% 88.85% 86.94% 89.45% 88.47%
avg mortgage rate 4.92% 4.70% 3.91% 3.97% 4.47% 4.13% 3.93% 4.20%
% 15 year fixed mortgage 9.00% 10.55% 11.83% 12.60% 9.95% 11.41% 8.84% 9.47%
avg mortgage rate 4.39% 3.93% 3.14% 3.18% 3.51% 3.28% 3.11% 3.45%
Avg credit score 766.15 762.90 765.41 759.81 757.57 757.75 753.34 763.97
Avg LTV (loan to value) 73.45% 73.88% 75.18% 76.92% 78.76% 78.76% 79.90% 78.91%
Avg DTI (debt to income) 32.61 33.33 32.89 32.87 33.74 34.21 34.50 35.01
% First time homebuyer 17.80% 15.71% 18.21% 19.24% 22.03% 22.36% 23.52% 20.75%
Avg mortgage insurance % 2.05% 3.04% 4.48% 6.40% 8.94% 9.00% 10.12% 9.33%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Melbourne, Florida 32940

If you’re looking to buy a new home in Melbourne, we have compiled a list of the leading mortgage brokers around Melbourne, Florida 32940 to help you with your search.

Name
Address
Contact

D & L Financial Mortgage

6550 N Wickham Rd

Melbourne FL 32940

(321) 253-8258

Advanced Mortgage Services

6550 N Wickham Rd

Melbourne FL 32940

(321) 752-4747

http://www.advancedmortgageservices.com

Homesite Mortgage Corporation

6767 N Wickham Rd

Melbourne FL 32940

(321) 751-4403

Tropical Mortgage Group

6450 N Wickham Rd

Melbourne FL 32940

(321) 255-6874

Atlantic Mortgage Services

8195 N Wickham Rd

Melbourne FL 32940

(321) 453-1905

http://atlanticeloan.com

Address

6550 N Wickham Rd

Melbourne FL

Contact

(321) 253-8258

Address

6550 N Wickham Rd

Melbourne FL

Contact

(321) 752-4747

http://www.advancedmortgageservices.com

Address

6767 N Wickham Rd

Melbourne FL

Contact

(321) 751-4403

News on Mortgages and Reverse Mortgages for Melbourne, Florida 32940