Compare Today’s Mortgage Rates for Afton, Michigan

Pureloan searches mortgage lenders and major banks in Afton, Michigan 49705 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 $9,211 or $26 / month is expected in Afton and other areas of Cheboygan county.

Pureloan’s search engine explores all home mortgage options in Afton, Michigan 49705, 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

45.363684 -84.469453

Summary of Average Mortgage Terms in Afton, Michigan 49705

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Afton, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Afton, MI 49705, 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 Afton, MI

Historical Mortgage Rates for Afton, Michigan 49705 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Afton, Michigan and around Cheboygan 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 Afton, Michigan 49705

If you’re looking to buy a new home in Afton, we have compiled a list of the leading mortgage brokers around Afton, Michigan 49705 to help you with your search.

Name
Address
Contact

Northwood Mortgage

6 W Main St

Boyne City MI 49705

(231) 582-6440

http://www.northwoodmortgage.net

Don Con

780 Old M 75 Loop

Boyne City MI 49705

(231) 582-3590

http://www.doncon.com

Cb Boyne City

120 N Lake St

Boyne City MI 49705

(231) 582-3300

Star Mortgage of America-Nicole Williams

4456 Walloon Ct

Boyne City MI 49705

(231) 582-1733

Client First Mortgage Co.

2810 Charlevoix Ave

Petoskey MI 49705

(231) 487-0221

dmyers@freeway.net

Address

6 W Main St

Boyne City MI

Contact

(231) 582-6440

http://www.northwoodmortgage.net

Address

780 Old M 75 Loop

Boyne City MI

Contact

(231) 582-3590

http://www.doncon.com

Address

120 N Lake St

Boyne City MI

Contact

(231) 582-3300

News on Mortgages and Reverse Mortgages for Afton, Michigan 49705