Compare Today’s Mortgage Rates in Auburn Hills, Michigan 48326
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Auburn Hills, Michigan 48326.
Our search engine thoroughly explores all home mortgage options in Auburn Hills, Michigan 48326, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $8,848 in lifetime cash or $25 per month in Auburn Hills and other areas of Oakland county.
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Summary of Average Mortgages in Auburn Hills, Michigan 48326
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Auburn Hills, Michigan 48326
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Auburn Hills, MI 48326. 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 Auburn Hills, Michigan 48326 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Auburn Hills, Michigan and around Oakland 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 | 93.18% | 91.38% | 88.96% | 81.50% | 86.83% | 80.13% | 77.71% | 77.40% | 78.19% |
avg mortgage rate | 6.81% | 4.85% | 3.21% | 3.45% | 4.51% | 4.77% | 4.23% | 3.95% | 4.14% |
% 15 year fixed mortgage | 5.30% | 5.81% | 9.82% | 15.18% | 8.33% | 15.71% | 16.88% | 18.49% | 17.11% |
avg mortgage rate | 6.10% | 4.06% | 2.63% | 2.90% | 3.83% | 4.20% | 3.41% | 3.10% | 3.32% |
Avg credit score | 738.14 | 744.83 | 746.40 | 748.73 | 748.99 | 752.39 | 750.95 | 751.26 | 754.98 |
Avg LTV (loan to value) | 84.17% | 84.73% | 83.90% | 83.60% | 83.35% | 81.23% | 81.23% | 81.89% | 81.74% |
Avg DTI (debt to income) | 36.02 | 36.32 | 32.86 | 33.23 | 33.58 | 32.55 | 32.37 | 31.62 | 31.69 |
% First time homebuyer | 31.06% | 35.07% | 30.98% | 25.78% | 25.00% | 21.79% | 16.56% | 26.37% | 13.09% |
Avg mortgage insurance % | 14.91% | 14.94% | 13.18% | 12.56% | 11.50% | 10.88% | 10.18% | 10.34% | 9.53% |
Best Mortgage Brokers around Auburn Hills, Michigan 48326
For those searching for a new home in Auburn Hills, we have compiled a list of the top mortgage brokers located in and around Auburn Hills, Michigan 48326 to assist you with your search.
Name
Address
Contact
Eagle Ottawa
2930 Auburn Rd
Auburn Hills MI 48326
(248) 852-5421
First National Mortgage Bankers
2851 High Meadow Cir
Auburn Hills MI 48326
(248) 276-1130
Rock Financial
3252 University Dr
Auburn Hills MI 48326
(248) 650-5600
RJ Credit Association
3386 Countryside Cir
Auburn Hills MI 48326
(248) 451-1533
http://www.rjcreditassociates.com
Mid American Mortgage
1509 N Opdyke Rd
Auburn Hills MI 48326
(248) 377-4100
Address
2930 Auburn Rd
Auburn Hills MI
Contact
(248) 852-5421
Address
2851 High Meadow Cir
Auburn Hills MI
Contact
(248) 276-1130
Address
3252 University Dr
Auburn Hills MI
Contact
(248) 650-5600