Compare Today’s Mortgage Rates for Berkley, Michigan

Pureloan searches mortgage lenders and major banks in Berkley, Michigan 48072 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 $19,416 or $54 / month is expected in Berkley and other areas of Oakland county.

Pureloan’s search engine explores all home mortgage options in Berkley, Michigan 48072, 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

42.502755 -83.188683

Summary of Average Mortgage Terms in Berkley, Michigan 48072

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Berkley, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Berkley, MI 48072, 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 Berkley, MI

Historical Mortgage Rates for Berkley, Michigan 48072 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Berkley, Michigan and around Oakland 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 Berkley, Michigan 48072

If you’re looking to buy a new home in Berkley, we have compiled a list of the leading mortgage brokers around Berkley, Michigan 48072 to help you with your search.

Name
Address
Contact

Michigan Mortgage Group

2769 Coolidge Hwy

Berkley MI 48072

(248) 544-2522

Executive Mortgages Services

2615 12 Mile Rd

Berkley MI 48072

(248) 246-1070

Mortgage Processing Solutions

3260 Coolidge Hwy

Berkley MI 48072

(248) 399-1080

Harbor Mortgage

3800 11 Mile Rd

Berkley MI 48072

(248) 298-0500

Capital Stop

17250 W 12 Mile Rd

Southfield MI 48072

(248) 416-8866

Address

2769 Coolidge Hwy

Berkley MI

Contact

(248) 544-2522

Address

2615 12 Mile Rd

Berkley MI

Contact

(248) 246-1070

Address

3260 Coolidge Hwy

Berkley MI

Contact

(248) 399-1080

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