Compare Today’s Mortgage Rates in Burt Lake, Michigan 49717
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Burt Lake, Michigan 49717.
Our search engine thoroughly explores all home mortgage options in Burt Lake, Michigan 49717, 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 $9,438 in lifetime cash or $26 per month in Burt Lake and other areas of Emmet county.
Summary of Average Mortgages in Burt Lake, Michigan 49717
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Interactive Mortgage Rate Projections for Burt Lake, Michigan 49717
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Burt Lake, MI 49717. 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 Burt Lake, Michigan 49717 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Burt Lake, Michigan and around Emmet 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 | 87.65% | 89.54% | 87.06% | 88.47% | 83.89% | 80.80% | 81.97% | 82.59% | 81.54% |
avg mortgage rate | 6.75% | 4.80% | 3.10% | 3.29% | 4.44% | 4.65% | 4.14% | 3.83% | 4.08% |
% 15 year fixed mortgage | 9.88% | 7.37% | 10.14% | 8.37% | 13.64% | 14.31% | 13.48% | 13.29% | 14.73% |
avg mortgage rate | 6.11% | 3.95% | 2.46% | 2.76% | 3.88% | 4.00% | 3.30% | 3.11% | 3.26% |
Avg credit score | 745.38 | 747.44 | 751.71 | 755.66 | 750.01 | 770.44 | 772.98 | 751.60 | 755.83 |
Avg LTV (loan to value) | 81.08% | 82.41% | 81.50% | 82.46% | 81.68% | 80.52% | 80.54% | 81.45% | 81.40% |
Avg DTI (debt to income) | 34.93 | 34.43 | 33.38 | 32.98 | 33.25 | 32.09 | 31.95 | 31.78 | 31.87 |
% First time homebuyer | 35.80% | 29.89% | 19.05% | 20.91% | 25.11% | 19.38% | 17.67% | 18.31% | 20.12% |
Avg mortgage insurance % | 12.35% | 13.75% | 11.63% | 12.98% | 11.37% | 9.50% | 8.44% | 9.52% | 9.10% |
Best Mortgage Brokers around Burt Lake, Michigan 49717
For those searching for a new home in Burt Lake, we have compiled a list of the top mortgage brokers located in and around Burt Lake, Michigan 49717 to assist you with your search.
Black Forest Resources
100 Bridge St
Charlevoix MI 49717
(231) 373-9195
garycipriani@blackforestresoueces.com
Caap Logistics
13111 Maple Way
Charlevoix MI 49717
(231) 437-3207
Get-Licensed.com
13065 Pd Campbell Ct
Charlevoix MI 49717
(231) 547-4085
http://get-licensed.com
Caap Logistics
403 Sheridan St
Charlevoix MI 49717
(231) 437-3276
American Home Loans
220 N Main St
Cheboygan MI 49717
(231) 627-9218
custserv@americanhm.com
Address
100 Bridge St
Charlevoix MI
Contact
(231) 373-9195
garycipriani@blackforestresoueces.com
Address
13111 Maple Way
Charlevoix MI
Contact
(231) 437-3207
Address
13065 Pd Campbell Ct
Charlevoix MI
Contact
(231) 547-4085
http://get-licensed.com