Compare Today’s Mortgage Rates for Miami Beach, Florida

Pureloan searches all major banks and mortgage lenders for the best home loan rates in Miami Beach, Florida 33239. 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 Beach 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 Beach, Florida 33239.

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Summary of Average Mortgage Terms in Miami Beach, Florida 33239

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Historical Mortgage Rates for Miami Beach, Florida 33239 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Miami Beach, 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 Beach, Florida 33239

If you’re looking to buy a new home in Miami Beach, we have compiled a list of the leading mortgage brokers around Miami Beach, Florida 33239 to help you with your search.

Name
Address
Contact

Chase Home Finance

300 71st St

Miami Beach FL 33239

(305) 866-7779

Sunny Cash

7450 Ocean Ter

Miami Beach FL 33239

(305) 861-8740

First Trust Capital

280 N Shore Dr

Miami Beach FL 33239

(305) 710-1261

andrew@drewcomm.com

Home Security Mortgage

725 71st St

Miami Beach FL 33239

(305) 867-2274

steve.litten@loanwhiz.com

Oceanside Financial & Properties

300 71st St

Miami Beach FL 33239

(305) 868-4966

http://oceansidefinancial.com

Address

300 71st St

Miami Beach FL

Contact

(305) 866-7779

Address

7450 Ocean Ter

Miami Beach FL

Contact

(305) 861-8740

Address

280 N Shore Dr

Miami Beach FL

Contact

(305) 710-1261

andrew@drewcomm.com

News on Mortgages and Reverse Mortgages for Miami Beach, Florida 33239