Compare Today’s Mortgage Rates for Auburn, Michigan

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Auburn, Michigan 48611. 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 $16,013 or $44 / month in Auburn and other areas of Bay county.

Our search engine explores all home mortgage options in Auburn, Michigan 48611, 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

43.607988 -84.10267

Summary of Average Mortgage Terms in Auburn, Michigan 48611

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Auburn, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Auburn, MI 48611, 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 Auburn, MI

Historical Mortgage Rates for Auburn, Michigan 48611 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Auburn, Michigan and around Bay 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 Auburn, Michigan 48611

If you’re looking to buy a new home in Auburn, we have compiled a list of the leading mortgage brokers around Auburn, Michigan 48611 to help you with your search.

Name
Address
Contact

Gateway Title Company

218 E 5th St

Clare MI 48611

(989) 386-8020

dedicated@gatewaytitleco.com

Affordable Mortgage

115 Park Ln

Beaverton MI 48611

(989) 435-2500

mfpp@ewashtenaw.org

Union Home Mortgage

810 W Wackerly St

Midland MI 48611

(989) 633-9272

J & A Services

4604 N Saginaw Rd

Midland MI 48611

(989) 923-5630

Approved Cash Advance

318 S Saginaw Rd

Midland MI 48611

(989) 835-8680

j_fonte@babcorp.com

Address

218 E 5th St

Clare MI

Contact

(989) 386-8020

dedicated@gatewaytitleco.com

Address

115 Park Ln

Beaverton MI

Contact

(989) 435-2500

mfpp@ewashtenaw.org

Address

810 W Wackerly St

Midland MI

Contact

(989) 633-9272

News on Mortgages and Reverse Mortgages for Auburn, Michigan 48611