Compare Today’s Mortgage Rates for Cadillac, Michigan

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Cadillac, Michigan 49601. 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 $11,815 or $33 / month in Cadillac and surrounding areas of Wexford 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 Cadillac, Michigan 49601.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

44.250447 -85.430046

Summary of Average Mortgage Terms in Cadillac, Michigan 49601

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Cadillac, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Cadillac, MI 49601, 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 Cadillac, MI

Historical Mortgage Rates for Cadillac, Michigan 49601 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Cadillac, Michigan and around Wexford 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 Cadillac, Michigan 49601

If you’re looking to buy a new home in Cadillac, we have compiled a list of the leading mortgage brokers around Cadillac, Michigan 49601 to help you with your search.

Name
Address
Contact

Fcs Mortgage

7594 Mackinaw Trl

Cadillac MI 49601

(231) 775-1361

Cadillac Mortgage

120 W Harris St

Cadillac MI 49601

(231) 775-4244

http://www.cadillacmortgage.com

Northwest Michigan Home Inspection Services

5219 E 32 Rd

Cadillac MI 49601

(231) 878-3569

http://www.cadillachomeinspector.com

Instant Cash Advance

850 N Mitchell St

Cadillac MI 49601

(231) 779-7826

http://www.advancedmortgageonline.net/

Check 'n Go

2124 N Mitchell St

Cadillac MI 49601

(231) 779-1700

comments@checkngo.com

Address

7594 Mackinaw Trl

Cadillac MI

Contact

(231) 775-1361

Address

120 W Harris St

Cadillac MI

Contact

(231) 775-4244

http://www.cadillacmortgage.com

Address

5219 E 32 Rd

Cadillac MI

Contact

(231) 878-3569

http://www.cadillachomeinspector.com

News on Mortgages and Reverse Mortgages for Cadillac, Michigan 49601