Compare Today’s Mortgage Rates for Brooklyn, Michigan

Pureloan searches mortgage lenders and major banks in Brooklyn, Michigan 49230 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 $16,063 or $45 / month is expected in Brooklyn and other areas of Jackson county.

Pureloan’s search engine explores all home mortgage options in Brooklyn, Michigan 49230, 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

42.10436 -84.241353

Summary of Average Mortgage Terms in Brooklyn, Michigan 49230

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Brooklyn, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Brooklyn, MI 49230, 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 Brooklyn, MI

Historical Mortgage Rates for Brooklyn, Michigan 49230 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Brooklyn, Michigan and around Jackson 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 Brooklyn, Michigan 49230

If you’re looking to buy a new home in Brooklyn, we have compiled a list of the leading mortgage brokers around Brooklyn, Michigan 49230 to help you with your search.

Name
Address
Contact

Flagstar Home Loans

101 S Main St

Brooklyn MI 49230

(517) 592-9090

Eagle Docs

141 N Main St

Brooklyn MI 49230

(517) 592-3627

support@eagledocs.com

Harbor Mortgage

141 N Main St

Brooklyn MI 49230

(517) 592-1813

Farm Credit Service

100 Spring St

Concord MI 49230

(517) 524-6670

leigh.picchetti@farmcredit.com

Address

101 S Main St

Brooklyn MI

Contact

(517) 592-9090

Address

141 N Main St

Brooklyn MI

Contact

(517) 592-3627

support@eagledocs.com

Address

141 N Main St

Brooklyn MI

Contact

(517) 592-1813

News on Mortgages and Reverse Mortgages for Brooklyn, Michigan 49230