Compare Today’s Mortgage Rates in Miami Beach, Florida 33109

Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Miami Beach, Florida 33109.

Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Miami Beach, Florida 33109. For a 30-year fixed loan, our calculations show that you can expect to save up to $58,916 over the lifetime of your mortgage, which translates to a monthly savings of $164 in Miami Beach and other areas of Miami-dade county.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

25.7611 -80.1403 13969

Summary of Average Mortgages in Miami Beach, Florida 33109

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Miami Beach, Florida 33109

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Miami Beach, FL 33109. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.

Local Mortgage Rates in Miami Beach, Florida 33109

Miami Beach is a coastal resort city in Miami-Dade County, Florida, United States. The municipality is located on natural and human-made barrier islands between the Atlantic Ocean and Biscayne Bay, the latter of which separates the Beach from the mainland city of Miami. The neighborhood of South Beach, comprising the southernmost 2. Read more

Miami Beach is a coastal resort city in Miami-Dade County, Florida, United States. The municipality is located on natural and human-made barrier islands between the Atlantic Ocean and Biscayne Bay, the latter of which separates the Beach from the mainland city of Miami. The neighborhood of South Beach, comprising the southernmost 2.5 sq mi of Miami Beach, along with Downtown Miami and the PortMiami, collectively form the commercial center of South Florida. Miami Beach's population is 82,890 according to the 2020 census. It has been one of America's pre-eminent beach resorts since the early 20th century.

In 1979, Miami Beach's Art Deco Historic District was listed on the National Register of Historic Places. The Art Deco District is the largest collection of Art Deco architecture in the world and comprises hundreds of hotels, apartments and other structures erected between 1923 and 1943. Mediterranean, Streamline Moderne and Art Deco are all represented in the District.

The Historic District is bounded by the Atlantic Ocean on the East, Lenox Court on the West, 6th Street on the South and Dade Boulevard along the Collins Canal to the North. The movement to preserve the Art Deco District's architectural heritage was led by former interior designer Barbara Baer Capitman, who now has a street in the District named in her honor. Read less

Historical Mortgage Rates in Miami Beach, Florida 33109 from 2024 - 2016

We have compiled mortgage rates charts for home loans in Miami Beach, Florida and around Miami-dade county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.

2024 2023 2022 2021 2020 2019 2018 2017 2016
% 30 year fixed mortgage 97.45% 96.82% 96.72% 95.45% 95.71% 95.24% 93.82% 94.45% 93.66%
avg mortgage rate 6.56% 4.63% 3.10% 3.47% 4.59% 4.78% 4.38% 4.09% 4.21%
% 15 year fixed mortgage 2.34% 2.44% 2.82% 3.48% 3.50% 3.96% 5.28% 4.79% 5.40%
avg mortgage rate 5.60% 3.78% 2.46% 3.05% 3.86% 4.06% 3.58% 3.18% 3.35%
Avg credit score 743.15 748.67 751.17 749.74 745.77 741.91 736.52 734.91 740.08
Avg LTV (loan to value) 80.06% 81.34% 81.54% 81.24% 81.01% 79.49% 79.81% 80.58% 79.80%
Avg DTI (debt to income) 40.63 38.94 37.59 38.35 38.99 39.28 38.40 38.03 37.22
% First time homebuyer 53.34% 49.43% 46.52% 47.86% 47.82% 44.41% 42.21% 43.59% 42.81%
Avg mortgage insurance % 12.35% 12.64% 12.45% 12.04% 11.74% 10.04% 10.32% 11.08% 10.02%

Source: Financial Report of the US Government

Best Mortgage Brokers around Miami Beach, Florida 33109

For those searching for a new home in Miami Beach, we have compiled a list of the top mortgage brokers located in and around Miami Beach, Florida 33109 to assist you with your search.

Name
Address
Contact

Chase Home Finance

300 71st St

Miami Beach FL 33109

(305) 866-7779

Sunny Cash

7450 Ocean Ter

Miami Beach FL 33109

(305) 861-8740

First Trust Capital

280 N Shore Dr

Miami Beach FL 33109

(305) 710-1261

andrew@drewcomm.com

Home Security Mortgage

725 71st St

Miami Beach FL 33109

(305) 867-2274

steve.litten@loanwhiz.com

Oceanside Financial & Properties

300 71st St

Miami Beach FL 33109

(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 33109