Compare Today’s Mortgage Rates for Bannister, Michigan
Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Bannister, Michigan 48807. 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 $9,300 or $26 / month in Bannister and other areas of Gratiot county.
Our search engine explores all home mortgage options in Bannister, Michigan 48807, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
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Summary of Average Mortgage Terms in Bannister, Michigan 48807
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Interactive Mortgage Rate Projections for Bannister, MI
To forecast and predict mortgage rates in Bannister, MI 48807, 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 Bannister, Michigan 48807 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Bannister, Michigan and around Gratiot 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 Bannister, Michigan 48807
If you’re looking to buy a new home in Bannister, we have compiled a list of the leading mortgage brokers around Bannister, Michigan 48807 to help you with your search.
Name
Address
Contact
Greenstone Farm Credit Service
722 W Lawrence Ave
Charlotte MI 48807
(517) 543-1360
leigh.picchetti@farmcredit.com
Real Estate Wearhouse
324 S Cochran Ave
Charlotte MI 48807
(517) 543-1119
http://rewhomes.com
Check 'n Go
1662 Packard Hwy
Charlotte MI 48807
(517) 543-0689
comments@checkngo.com
Delmar Financial
127 S Cochran Ave
Charlotte MI 48807
(517) 543-6611
R & L Mortgage
321 N Shiawassee St
Corunna MI 48807
(989) 720-7368
Address
722 W Lawrence Ave
Charlotte MI
Contact
(517) 543-1360
leigh.picchetti@farmcredit.com
Address
324 S Cochran Ave
Charlotte MI
Contact
(517) 543-1119
http://rewhomes.com
Address
1662 Packard Hwy
Charlotte MI
Contact
(517) 543-0689
comments@checkngo.com