Compare Today’s Mortgage Rates in Allen, Michigan 49227
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Allen, Michigan 49227.
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 Allen and other areas of Hillsdale county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Allen, Michigan 49227
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Allen, Michigan 49227
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Allen, MI 49227. 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 Allen, Michigan 49227 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Allen, Michigan and around Hillsdale 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 Allen, Michigan 49227
For those searching for a new home in Allen, we have compiled a list of the top mortgage brokers located in and around Allen, Michigan 49227 to assist you with your search.
Name
Address
Contact
Harbor Mortgage
141 N Main St
Brooklyn MI 49227
(517) 592-1813
Eagle Docs
141 N Main St
Brooklyn MI 49227
(517) 592-3627
support@eagledocs.com
Flagstar Home Loans
101 S Main St
Brooklyn MI 49227
(517) 592-9090
Farm Credit Service
100 Spring St
Concord MI 49227
(517) 524-6670
leigh.picchetti@farmcredit.com
Mortgage One
100 S Jackson St
Jackson MI 49227
(517) 315-4626
jackson@mortgageone.biz
Address
141 N Main St
Brooklyn MI
Contact
(517) 592-1813
Address
141 N Main St
Brooklyn MI
Contact
(517) 592-3627
support@eagledocs.com
Address
101 S Main St
Brooklyn MI
Contact
(517) 592-9090