Compare Today’s Mortgage Rates for Bay Shore, Michigan

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Bay Shore, Michigan 49711. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $19,416 or $54 / month in Bay Shore and surrounding areas of Charlevoix county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Bay Shore, Michigan 49711.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

45.29934 -85.245298

Summary of Average Mortgage Terms in Bay Shore, Michigan 49711

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Bay Shore, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Bay Shore, MI 49711, 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 Shore, MI

Historical Mortgage Rates for Bay Shore, Michigan 49711 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Bay Shore, Michigan and around Charlevoix 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 81.91% 77.75% 76.36% 78.51% 83.42% 82.95% 83.89% 84.30%
avg mortgage rate 4.88% 4.67% 3.91% 4.00% 4.43% 4.09% 3.89% 4.11%
% 15 year fixed mortgage 13.07% 17.16% 17.73% 17.56% 13.48% 13.35% 12.68% 12.45%
avg mortgage rate 4.29% 3.86% 3.13% 3.22% 3.49% 3.23% 3.07% 3.32%
Avg credit score 765.70 760.39 762.48 758.51 754.58 754.10 746.51 749.94
Avg LTV (loan to value) 77.27% 78.81% 80.10% 81.43% 82.46% 82.09% 83.18% 83.26%
Avg DTI (debt to income) 30.51 30.30 30.37 30.49 31.59 31.94 32.58 32.59
% First time homebuyer 24.15% 20.78% 19.90% 26.25% 25.23% 23.80% 24.77% 27.08%
Avg mortgage insurance % 4.47% 6.92% 7.78% 9.47% 12.01% 11.43% 12.51% 12.29%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Bay Shore, Michigan 49711

If you’re looking to buy a new home in Bay Shore, we have compiled a list of the leading mortgage brokers around Bay Shore, Michigan 49711 to help you with your search.

Name
Address
Contact

Northwood Mortgage

6 W Main St

Boyne City MI 49711

(231) 582-6440

http://www.northwoodmortgage.net

Don Con

780 Old M 75 Loop

Boyne City MI 49711

(231) 582-3590

http://www.doncon.com

Cb Boyne City

120 N Lake St

Boyne City MI 49711

(231) 582-3300

Star Mortgage of America-Nicole Williams

4456 Walloon Ct

Boyne City MI 49711

(231) 582-1733

Client First Mortgage Co.

2810 Charlevoix Ave

Petoskey MI 49711

(231) 487-0221

dmyers@freeway.net

Address

6 W Main St

Boyne City MI

Contact

(231) 582-6440

http://www.northwoodmortgage.net

Address

780 Old M 75 Loop

Boyne City MI

Contact

(231) 582-3590

http://www.doncon.com

Address

120 N Lake St

Boyne City MI

Contact

(231) 582-3300

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