Compare Today’s Mortgage Rates in Addison, Michigan 49220
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Addison, Michigan 49220.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $9,205 over the lifetime of your 30-year fixed loan, or a monthly savings of $26 in Addison and other areas of Lenawee county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
Summary of Average Mortgages in Addison, Michigan 49220
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Interactive Mortgage Rate Projections for Addison, Michigan 49220
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Addison, MI 49220. 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.
Historical Mortgage Rates in Addison, Michigan 49220 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Addison, Michigan and around Lenawee 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 | 93.63% | 92.80% | 90.99% | 90.63% | 89.24% | 84.19% | 85.56% | 83.74% | 81.36% |
avg mortgage rate | 6.78% | 4.79% | 3.18% | 3.48% | 4.52% | 4.73% | 4.22% | 3.91% | 4.15% |
% 15 year fixed mortgage | 4.49% | 5.33% | 7.22% | 7.14% | 8.91% | 12.57% | 12.65% | 14.65% | 14.87% |
avg mortgage rate | 5.96% | 3.62% | 2.47% | 2.94% | 3.83% | 4.06% | 3.40% | 3.10% | 3.25% |
Avg credit score | 741.90 | 761.38 | 743.56 | 744.43 | 743.13 | 759.68 | 745.34 | 745.84 | 748.92 |
Avg LTV (loan to value) | 83.47% | 84.26% | 84.47% | 85.57% | 84.25% | 82.49% | 82.44% | 83.63% | 83.43% |
Avg DTI (debt to income) | 37.33 | 35.03 | 33.02 | 33.98 | 34.18 | 33.62 | 33.02 | 32.33 | 32.10 |
% First time homebuyer | 47.94% | 37.23% | 32.76% | 34.42% | 35.76% | 24.73% | 24.76% | 30.43% | 27.06% |
Avg mortgage insurance % | 14.79% | 15.33% | 14.53% | 15.75% | 14.00% | 12.58% | 12.17% | 13.17% | 12.87% |
Best Mortgage Brokers around Addison, Michigan 49220
For those searching for a new home in Addison, we have compiled a list of the top mortgage brokers located in and around Addison, Michigan 49220 to assist you with your search.
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