Compare Today’s Mortgage Rates for Bay City, Michigan

Pureloan searches mortgage lenders and major banks in Bay City, Michigan 48708 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $9,813 or $27 / month is expected in Bay City and other areas of Bay county.

Pureloan’s search engine explores all home mortgage options in Bay City, Michigan 48708, 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

43.58205 -83.878073

Summary of Average Mortgage Terms in Bay City, Michigan 48708

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Bay City, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Bay City, MI 48708, 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 Bay City, MI

Historical Mortgage Rates for Bay City, Michigan 48708 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Bay City, 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 Bay City, Michigan 48708

If you’re looking to buy a new home in Bay City, we have compiled a list of the leading mortgage brokers around Bay City, Michigan 48708 to help you with your search.

Name
Address
Contact

PNC Mortgage

300 Center Ave

Bay City MI 48708

(989) 894-1329

Bay Area Housing

114 Washington Ave

Bay City MI 48708

(989) 686-6800

chamber@baycityarea.com

Allied Home Mortgage Capital Corporation

3865 Wilder Rd

Bay City MI 48708

(989) 686-8800

Check 'n Go

3921 Wilder Rd

Bay City MI 48708

(989) 671-0039

http://www.checkngo.com/

Mortgage Factory

800 N Euclid Ave

Bay City MI 48708

(989) 402-1130

Address

300 Center Ave

Bay City MI

Contact

(989) 894-1329

Address

114 Washington Ave

Bay City MI

Contact

(989) 686-6800

chamber@baycityarea.com

Address

3865 Wilder Rd

Bay City MI

Contact

(989) 686-8800

News on Mortgages and Reverse Mortgages for Bay City, Michigan 48708