Compare Today’s Mortgage Rates for Addison, Michigan

Pureloan searches mortgage lenders and major banks in Addison, Michigan 49220 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 $21,113 or $59 / month is expected in Addison and other areas of Lenawee county.

Pureloan’s search engine explores all home mortgage options in Addison, Michigan 49220, 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

42.003604 -84.312229

Summary of Average Mortgage Terms in Addison, Michigan 49220

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Addison, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Addison, MI 49220, 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 Addison, MI

Historical Mortgage Rates for Addison, Michigan 49220 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Addison, Michigan and around Lenawee 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 81.91% 77.75% 76.36% 78.51% 83.42% 82.95% 83.89% 84.30%
avg mortgage rate 4.88% 4.67% 3.91% 4.00% 4.43% 4.09% 3.89% 4.11%
% 15 year fixed mortgage 13.07% 17.16% 17.73% 17.56% 13.48% 13.35% 12.68% 12.45%
avg mortgage rate 4.29% 3.86% 3.13% 3.22% 3.49% 3.23% 3.07% 3.32%
Avg credit score 765.70 760.39 762.48 758.51 754.58 754.10 746.51 749.94
Avg LTV (loan to value) 77.27% 78.81% 80.10% 81.43% 82.46% 82.09% 83.18% 83.26%
Avg DTI (debt to income) 30.51 30.30 30.37 30.49 31.59 31.94 32.58 32.59
% First time homebuyer 24.15% 20.78% 19.90% 26.25% 25.23% 23.80% 24.77% 27.08%
Avg mortgage insurance % 4.47% 6.92% 7.78% 9.47% 12.01% 11.43% 12.51% 12.29%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Addison, Michigan 49220

If you’re looking to buy a new home in Addison, we have compiled a list of the leading mortgage brokers around Addison, Michigan 49220 to help you with your search.

Name
Address
Contact

Stone Financial Service

2301 E US Highway 223

Adrian MI 49220

(517) 265-8201

Greenstone Farm Credit Service

5285 W US Highway 223

Adrian MI 49220

(517) 263-9798

leigh.picchetti@farmcredit.com

Check 'n Go

1200 S Main St

Adrian MI 49220

(517) 266-1900

comments@checkngo.com

Mortgage Team

3136 N Adrian Hwy

Adrian MI 49220

(517) 266-7651

info@ruddhomes.com

Approved Cash Advance

1001 E US Highway 223

Adrian MI 49220

(517) 264-5125

http://approvedcashadvance.com/locations/adrian

Address

2301 E US Highway 223

Adrian MI

Contact

(517) 265-8201

Address

5285 W US Highway 223

Adrian MI

Contact

(517) 263-9798

leigh.picchetti@farmcredit.com

Address

1200 S Main St

Adrian MI

Contact

(517) 266-1900

comments@checkngo.com

News on Mortgages and Reverse Mortgages for Addison, Michigan 49220