Compare Today’s Mortgage Rates for Miami, Florida
Pureloan searches mortgage lenders and major banks in Miami, Florida 33102 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 $19,086 or $53 / month is expected in Miami and other areas of Miami-dade county.
Pureloan’s search engine explores all home mortgage options in Miami, Florida 33102, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Miami, Florida 33102
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Miami, FL
To forecast and predict mortgage rates in Miami, FL 33102, 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 Miami, Florida 33102 from 2013 - 2020
We have compiled mortgage rate charts for home loans in Miami, Florida and around Miami-dade 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 | 91.54% | 89.00% | 89.85% | 90.16% | 93.15% | 93.62% | 94.20% | 93.24% |
| avg mortgage rate | 5.05% | 4.74% | 3.95% | 4.05% | 4.54% | 4.22% | 4.08% | 4.34% |
| % 15 year fixed mortgage | 6.86% | 8.91% | 8.98% | 8.68% | 6.10% | 5.49% | 4.86% | 5.73% |
| avg mortgage rate | 4.37% | 3.98% | 3.29% | 3.20% | 3.54% | 3.35% | 3.18% | 3.49% |
| Avg credit score | 753.05 | 755.47 | 756.62 | 751.02 | 743.98 | 740.37 | 735.45 | 737.15 |
| Avg LTV (loan to value) | 73.78% | 74.98% | 76.78% | 77.70% | 79.72% | 79.95% | 80.69% | 80.08% |
| Avg DTI (debt to income) | 35.88 | 34.73 | 35.20 | 35.33 | 36.77 | 37.16 | 37.92 | 38.07 |
| % First time homebuyer | 35.36% | 30.71% | 33.69% | 34.51% | 41.47% | 42.09% | 43.24% | 40.82% |
| Avg mortgage insurance % | 1.59% | 2.31% | 4.99% | 6.29% | 8.99% | 10.20% | 11.18% | 10.56% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Miami, Florida 33102
If you’re looking to buy a new home in Miami, we have compiled a list of the leading mortgage brokers around Miami, Florida 33102 to help you with your search.
Name
Address
Contact
Comecer
2999 NE 191st St
Miami FL 33102
(305) 673-6020
Charter Mortgage
15155 NW 7th Ave
Miami FL 33102
(786) 360-5249
Carrera Auto Finance
3151 NW 36th St
Miami FL 33102
(305) 633-1144
Mortgage Help
168 SE 1st St
Miami FL 33102
(561) 246-4310
Nations Bankers Mortgage
520 Brickell Key Dr
Miami FL 33102
(305) 358-8858
Address
2999 NE 191st St
Miami FL
Contact
(305) 673-6020
Address
15155 NW 7th Ave
Miami FL
Contact
(786) 360-5249
Address
3151 NW 36th St
Miami FL
Contact
(305) 633-1144