Compare Today’s Mortgage Rates for Ann Arbor, Michigan

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Ann Arbor, Michigan 48103. 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 $11,606 or $32 / month in Ann Arbor and other areas of Washtenaw county.

Our search engine explores all home mortgage options in Ann Arbor, Michigan 48103, 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

42.279379 -83.783998

Summary of Average Mortgage Terms in Ann Arbor, Michigan 48103

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Ann Arbor, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Ann Arbor, MI 48103, 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 Ann Arbor, MI

Historical Mortgage Rates for Ann Arbor, Michigan 48103 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Ann Arbor, Michigan and around Washtenaw 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 Ann Arbor, Michigan 48103

If you’re looking to buy a new home in Ann Arbor, we have compiled a list of the leading mortgage brokers around Ann Arbor, Michigan 48103 to help you with your search.

Name
Address
Contact

Marflax Corporation

2035 Hogback Rd

Ann Arbor MI 48103

(734) 665-8000

http://marflax.com

Academy Mortgage - Ann Arbor

3600 Green Ct

Ann Arbor MI 48103

(734) 794-7464

contact@academymortgage.com

Construction Loan One

24 Frank Lloyd Wright Dr

Ann Arbor MI 48103

(734) 332-8000

http://constructionloanone.com

Ann Arbor Mortgage

2200 Green Rd

Ann Arbor MI 48103

(734) 669-5880

info@annarbormortgageco.com

Cole Taylor Mortgage

2350 Green Rd

Ann Arbor MI 48103

(734) 548-6100

http://www.coletaylormortgage.com/

Address

2035 Hogback Rd

Ann Arbor MI

Contact

(734) 665-8000

http://marflax.com

Address

3600 Green Ct

Ann Arbor MI

Contact

(734) 794-7464

contact@academymortgage.com

Address

24 Frank Lloyd Wright Dr

Ann Arbor MI

Contact

(734) 332-8000

http://constructionloanone.com

News on Mortgages and Reverse Mortgages for Ann Arbor, Michigan 48103