Compare Today’s Mortgage Rates for Alanson, Michigan
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Alanson, Michigan 49706. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $4,247 or $12 / month in Alanson and surrounding areas of Emmet 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 Alanson, Michigan 49706.
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Summary of Average Mortgage Terms in Alanson, Michigan 49706
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APR
Expected Savings
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Interactive Mortgage Rate Projections for Alanson, MI
To forecast and predict mortgage rates in Alanson, MI 49706, 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.
Historical Mortgage Rates for Alanson, Michigan 49706 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Alanson, Michigan and around Emmet 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 Alanson, Michigan 49706
If you’re looking to buy a new home in Alanson, we have compiled a list of the leading mortgage brokers around Alanson, Michigan 49706 to help you with your search.
Name
Address
Contact
Northwood Mortgage
6 W Main St
Boyne City MI 49706
(231) 582-6440
http://www.northwoodmortgage.net
Don Con
780 Old M 75 Loop
Boyne City MI 49706
(231) 582-3590
http://www.doncon.com
Cb Boyne City
120 N Lake St
Boyne City MI 49706
(231) 582-3300
Star Mortgage of America-Nicole Williams
4456 Walloon Ct
Boyne City MI 49706
(231) 582-1733
Client First Mortgage Co.
2810 Charlevoix Ave
Petoskey MI 49706
(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