Compare Today’s Mortgage Rates for Miami, Florida

Pureloan searches all major banks and mortgage lenders for the best home loan rates in Miami, Florida 33299. We provide popular mortgage brokers in your area and a detailed analysis of your home loan payments. For 30-year fixed, expected lifetime cash savings are $49,785 or $138 / month in Miami and surrounding areas of Miami-dade county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Miami, Florida 33299.

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Summary of Average Mortgage Terms in Miami, Florida 33299

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Historical Mortgage Rates for Miami, Florida 33299 from 2012 - 2019

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.

2012 2013 2014 2015 2016 2017 2018 2019
% 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%
% 10 year fixed mortgage 0.32% 0.09% 0.18% 0.26% 0.14% 0.15% 0.16% 0.14%
avg mortgage rate 4.13% 4.00% 2.81% 3.10% 3.16% 3.25% 3.12% 3.13%
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 Combined LTV (loan to value) 74.01% 75.09% 76.94% 77.93% 79.89% 80.15% 81.12% 80.76%
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 33299

If you’re looking to buy a new home in Miami, we have compiled a list of the leading mortgage brokers around Miami, Florida 33299 to help you with your search.

Name
Address
Contact

Comecer

2999 NE 191st St

Miami FL 33299

(305) 673-6020

Charter Mortgage

15155 NW 7th Ave

Miami FL 33299

(786) 360-5249

Carrera Auto Finance

3151 NW 36th St

Miami FL 33299

(305) 633-1144

Mortgage Help

168 SE 1st St

Miami FL 33299

(561) 246-4310

Nations Bankers Mortgage

520 Brickell Key Dr

Miami FL 33299

(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

News on Mortgages and Reverse Mortgages for Miami, Florida 33299