Compare Today’s Mortgage Rates for Burr Oak, Michigan
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Burr Oak, Michigan 49030. 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 $11,746 or $33 / month in Burr Oak and surrounding areas of Saint Joseph 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 Burr Oak, Michigan 49030.
Summary of Average Mortgage Terms in Burr Oak, Michigan 49030
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Interactive Mortgage Rate Projections for Burr Oak, MI
To forecast and predict mortgage rates in Burr Oak, MI 49030, 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.
Historical Mortgage Rates for Burr Oak, Michigan 49030 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Burr Oak, Michigan and around Saint Joseph 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 Burr Oak, Michigan 49030
If you’re looking to buy a new home in Burr Oak, we have compiled a list of the leading mortgage brokers around Burr Oak, Michigan 49030 to help you with your search.
Check 'n Go
373 N Willowbrook Rd
Coldwater MI 49030
(517) 278-9210
bobh@petsuppliesplus.com
Infinity Mortgage Associates
492 Marshall St
Coldwater MI 49030
(517) 278-2100
http://www.infinitymortgageassociates.com/
Coldwater Banking Center
390 E Chicago St
Coldwater MI 49030
(517) 278-5634
http://sturgisbank.com/
Centurion Mortgage
527 Michigan Ave W
Battle Creek MI 49030
(269) 966-6666
Premier Mortgage
330 Columbia Ave E
Battle Creek MI 49030
(269) 965-2935
http://www.greatermi.com
Address
373 N Willowbrook Rd
Coldwater MI
Contact
(517) 278-9210
bobh@petsuppliesplus.com
Address
492 Marshall St
Coldwater MI
Contact
(517) 278-2100
http://www.infinitymortgageassociates.com/
Address
390 E Chicago St
Coldwater MI
Contact
(517) 278-5634
http://sturgisbank.com/