Compare Today’s Mortgage Rates for Alpena, Michigan

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Alpena, Michigan 49707. 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 $11,065 or $31 / month in Alpena and other areas of Alpena county.

Our search engine explores all home mortgage options in Alpena, Michigan 49707, 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

45.079018 -83.4602

Summary of Average Mortgage Terms in Alpena, Michigan 49707

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Alpena, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Alpena, MI 49707, 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 Alpena, MI

Historical Mortgage Rates for Alpena, Michigan 49707 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Alpena, Michigan and around Alpena 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 Alpena, Michigan 49707

If you’re looking to buy a new home in Alpena, we have compiled a list of the leading mortgage brokers around Alpena, Michigan 49707 to help you with your search.

Name
Address
Contact

Financial Services & MTG Corporation

100 S 2nd Ave

Alpena MI 49707

(989) 356-9041

Fast Guns

1013 Walter St

Alpena MI 49707

(989) 356-9644

Mortgage 1

129 River St

Alpena MI 49707

(989) 356-5900

cbiscorner@mortgageone.com

Huron Shores Mortgage Company

129 River St

Alpena MI 49707

(989) 356-5900

Northwood Mortgage

6 W Main St

Boyne City MI 49707

(231) 582-6440

http://www.northwoodmortgage.net

Address

100 S 2nd Ave

Alpena MI

Contact

(989) 356-9041

Address

1013 Walter St

Alpena MI

Contact

(989) 356-9644

Address

129 River St

Alpena MI

Contact

(989) 356-5900

cbiscorner@mortgageone.com

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