Compare Today’s Mortgage Rates for Almont, Michigan
Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Almont, Michigan 48003. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $12,003 or $33 / month in Almont and other areas of Lapeer county.
Our search engine explores all home mortgage options in Almont, Michigan 48003, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Almont, Michigan 48003
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Interactive Mortgage Rate Projections for Almont, MI
To forecast and predict mortgage rates in Almont, MI 48003, 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 Almont, Michigan 48003 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Almont, Michigan and around Lapeer 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 | 86.08% | 83.00% | 84.38% | 87.84% | 89.13% | 89.26% | 89.76% | 88.17% |
| avg mortgage rate | 5.07% | 4.79% | 3.97% | 4.11% | 4.54% | 4.23% | 4.02% | 4.23% |
| % 15 year fixed mortgage | 12.03% | 13.88% | 12.88% | 10.70% | 9.53% | 9.05% | 8.54% | 10.47% |
| avg mortgage rate | 4.43% | 4.06% | 3.29% | 3.31% | 3.58% | 3.37% | 3.18% | 3.40% |
| Avg credit score | 761.24 | 764.56 | 762.02 | 757.46 | 752.75 | 749.21 | 747.88 | 746.47 |
| Avg LTV (loan to value) | 76.88% | 78.57% | 81.21% | 82.38% | 83.35% | 83.55% | 83.55% | 82.93% |
| Avg DTI (debt to income) | 32.42 | 31.68 | 31.69 | 32.19 | 33.12 | 33.15 | 33.88 | 34.39 |
| % First time homebuyer | 33.89% | 30.18% | 28.28% | 35.82% | 41.22% | 40.53% | 41.02% | 39.25% |
| Avg mortgage insurance % | 4.08% | 5.63% | 9.53% | 10.97% | 13.12% | 13.43% | 13.38% | 12.57% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Almont, Michigan 48003
If you’re looking to buy a new home in Almont, we have compiled a list of the leading mortgage brokers around Almont, Michigan 48003 to help you with your search.
Shore Mortgage
770 S Adams Rd
Birmingham MI 48003
(248) 433-3300
careers@shoremortgage.com
Home Funding Group
132 N Old Woodward Ave
Birmingham MI 48003
(248) 792-6242
dkeblaitis@homefundinggroup.net
United Wholesale Mortgage
555 S Adams Rd
Birmingham MI 48003
(248) 433-4799
http://www.uwmco.com/
Banco Mortgage Centre
379 Hamilton Row
Birmingham MI 48003
(248) 258-5600
rmcorr@carnegiemanagement.com
Lewis Financial Group
322 N Old Woodward Ave
Birmingham MI 48003
(248) 901-1750
sales@lewis-lewis.net
Address
770 S Adams Rd
Birmingham MI
Contact
(248) 433-3300
careers@shoremortgage.com
Address
132 N Old Woodward Ave
Birmingham MI
Contact
(248) 792-6242
dkeblaitis@homefundinggroup.net
Address
555 S Adams Rd
Birmingham MI
Contact
(248) 433-4799
http://www.uwmco.com/