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.
44.250447
-85.430046
Summary of Average Mortgage Terms in Cadillac, Michigan 49601
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Cadillac, Michigan 49601
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Cadillac, MI
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.
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