Compare Today’s Mortgage Rates for Alba, Michigan

Pureloan searches mortgage lenders and major banks in Alba, Michigan 49611 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 $5,461 or $15 / month is expected in Alba and other areas of Antrim county.

Pureloan’s search engine explores all home mortgage options in Alba, Michigan 49611, 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

44.974722 -84.968611

Summary of Average Mortgage Terms in Alba, Michigan 49611

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Alba, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Alba, MI 49611, 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 Alba, MI

Historical Mortgage Rates for Alba, Michigan 49611 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Alba, Michigan and around Antrim 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 Alba, Michigan 49611

If you’re looking to buy a new home in Alba, we have compiled a list of the leading mortgage brokers around Alba, Michigan 49611 to help you with your search.

Name
Address
Contact

Midwest Mortgage

333 E State St

Traverse City MI 49611

(231) 947-0800

Bay Mortgage

109 S Union St

Traverse City MI 49611

(231) 933-9400

info@bayloans.net

Crest Financial

13818 S West Bay Shore Dr

Traverse City MI 49611

(231) 932-9300

http://www.crestfinancialinc.com

John Adams Mortgage

521 Randolph St

Traverse City MI 49611

(231) 946-4021

info@johnadamsmortgage.com

Reverse Mortgage Center

1214 Cerro Dr

Traverse City MI 49611

(231) 218-0307

http://www.revmortgagecenter.com/

Address

333 E State St

Traverse City MI

Contact

(231) 947-0800

Address

109 S Union St

Traverse City MI

Contact

(231) 933-9400

info@bayloans.net

Address

13818 S West Bay Shore Dr

Traverse City MI

Contact

(231) 932-9300

http://www.crestfinancialinc.com

News on Mortgages and Reverse Mortgages for Alba, Michigan 49611