Compare Today’s Mortgage Rates for Brighton, Michigan

Pureloan searches mortgage lenders and major banks in Brighton, Michigan 48116 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 $26,125 or $73 / month is expected in Brighton and other areas of Livingston county.

Pureloan’s search engine explores all home mortgage options in Brighton, Michigan 48116, 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

42.537069 -83.775628

Summary of Average Mortgage Terms in Brighton, Michigan 48116

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Brighton, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Brighton, MI 48116, 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 Brighton, MI

Historical Mortgage Rates for Brighton, Michigan 48116 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Brighton, Michigan and around Livingston 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 Brighton, Michigan 48116

If you’re looking to buy a new home in Brighton, we have compiled a list of the leading mortgage brokers around Brighton, Michigan 48116 to help you with your search.

Name
Address
Contact

Priorty Processing Center

4763 S Old US Highway 23

Brighton MI 48116

(810) 844-0411

Signature Mortgage

2005 Ricks Ct

Brighton MI 48116

(810) 588-4424

Towne Mortgage

2388 Genoa Business Park Dr

Brighton MI 48116

(810) 588-4014

Property Mortgage

8137 Grand River Rd

Brighton MI 48116

(810) 225-9999

http://propertymortgage.com

Michigan United Mortgage

6870 Grand River Rd

Brighton MI 48116

(810) 844-2222

tmaples@mumloans.com

Address

4763 S Old US Highway 23

Brighton MI

Contact

(810) 844-0411

Address

2005 Ricks Ct

Brighton MI

Contact

(810) 588-4424

Address

2388 Genoa Business Park Dr

Brighton MI

Contact

(810) 588-4014

News on Mortgages and Reverse Mortgages for Brighton, Michigan 48116