Compare Today’s Mortgage Rates in Birch Run, Michigan 48415
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Birch Run, Michigan 48415.
Our search engine thoroughly explores all home mortgage options in Birch Run, Michigan 48415, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $5,736 in lifetime cash or $16 per month in Birch Run and other areas of Saginaw county.
Summary of Average Mortgages in Birch Run, Michigan 48415
Become a certified mortgage expert on Pureloan.com
in Birch Run, Michigan 48415
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Birch Run, Michigan 48415
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Birch Run, MI 48415. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Birch Run, Michigan 48415 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Birch Run, Michigan and around Saginaw county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 96.12% | 93.51% | 93.59% | 92.57% | 90.59% | 89.56% | 88.70% | 88.86% | 84.51% |
avg mortgage rate | 6.62% | 4.79% | 3.13% | 3.46% | 4.53% | 4.76% | 4.27% | 3.99% | 4.21% |
% 15 year fixed mortgage | 3.64% | 4.94% | 4.86% | 5.69% | 6.78% | 7.85% | 8.38% | 9.21% | 12.34% |
avg mortgage rate | 5.97% | 3.97% | 2.54% | 2.89% | 3.90% | 4.03% | 3.49% | 3.22% | 3.41% |
Avg credit score | 745.23 | 744.77 | 744.32 | 747.12 | 745.90 | 744.94 | 745.81 | 743.90 | 749.78 |
Avg LTV (loan to value) | 83.00% | 83.94% | 84.77% | 85.17% | 83.58% | 82.02% | 82.98% | 84.21% | 81.97% |
Avg DTI (debt to income) | 37.12 | 35.34 | 34.82 | 34.60 | 35.10 | 35.09 | 34.09 | 33.61 | 32.73 |
% First time homebuyer | 44.66% | 43.33% | 37.77% | 32.85% | 33.25% | 27.92% | 25.33% | 26.45% | 23.88% |
Avg mortgage insurance % | 15.44% | 15.52% | 15.13% | 15.84% | 14.02% | 12.86% | 12.79% | 14.13% | 11.88% |
Best Mortgage Brokers around Birch Run, Michigan 48415
For those searching for a new home in Birch Run, we have compiled a list of the top mortgage brokers located in and around Birch Run, Michigan 48415 to assist you with your search.
Executive Mortgage
11831 Maple Rd
Birch Run MI 48415
(989) 624-0123
Executive Mortgage
13509 Gera Rd
Birch Run MI 48415
(989) 624-0123
b.thomson@executivemortgagecorp.com
Preferred Mortgage
1063 S State Rd
Davison MI 48415
(810) 654-2525
http://www.loanjohn.com/
Check 'n Go
628 N State Rd
Davison MI 48415
(810) 653-8623
comments@checkngo.com
New Horizons Financial
501 W Flint St
Davison MI 48415
(810) 653-5651
http://www.newhorizonsfinancial.com
Address
11831 Maple Rd
Birch Run MI
Contact
(989) 624-0123
Address
13509 Gera Rd
Birch Run MI
Contact
(989) 624-0123
b.thomson@executivemortgagecorp.com
Address
1063 S State Rd
Davison MI
Contact
(810) 654-2525
http://www.loanjohn.com/