Compare Today’s Mortgage Rates for Bay Port, Michigan

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Bay Port, Michigan 48720. 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 $12,825 or $36 / month in Bay Port and other areas of Huron county.

Our search engine explores all home mortgage options in Bay Port, Michigan 48720, 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

43.837744 -83.352461

Summary of Average Mortgage Terms in Bay Port, Michigan 48720

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Bay Port, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Bay Port, MI 48720, 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 Port, MI

Historical Mortgage Rates for Bay Port, Michigan 48720 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Bay Port, Michigan and around Huron 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 Port, Michigan 48720

If you’re looking to buy a new home in Bay Port, we have compiled a list of the leading mortgage brokers around Bay Port, Michigan 48720 to help you with your search.

Name
Address
Contact

Encore Mortgage Services

258 S State St

Caro MI 48720

(989) 672-4333

Greater Michigan Mortgage Co.

1103 E Caro Rd

Caro MI 48720

(989) 673-2225

kbarnhill@mediaone.net

Instant Cash Advance

1150 Cleaver Rd

Caro MI 48720

(989) 672-0333

http://www.ic44.com/

Farm Credit Service

1570 Cleaver Rd

Caro MI 48720

(989) 673-6128

leigh.picchetti@farmcredit.com

Oliver Credit

441 N State St

Caro MI 48720

(989) 673-8197

Address

258 S State St

Caro MI

Contact

(989) 672-4333

Address

1103 E Caro Rd

Caro MI

Contact

(989) 673-2225

kbarnhill@mediaone.net

Address

1150 Cleaver Rd

Caro MI

Contact

(989) 672-0333

http://www.ic44.com/

News on Mortgages and Reverse Mortgages for Bay Port, Michigan 48720