Compare Today’s Mortgage Rates for Center Line, Michigan
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Center Line, Michigan 48015. 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 $14,781 or $41 / month in Center Line and surrounding areas of Macomb 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 Center Line, Michigan 48015.
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Summary of Average Mortgage Terms in Center Line, Michigan 48015
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Interactive Mortgage Rate Projections for Center Line, MI
To forecast and predict mortgage rates in Center Line, MI 48015, 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 Center Line, Michigan 48015 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Center Line, Michigan and around Macomb 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 | 86.08% | 83.00% | 84.38% | 87.84% | 89.13% | 89.26% | 89.76% | 88.17% |
| avg mortgage rate | 5.07% | 4.79% | 3.97% | 4.11% | 4.54% | 4.23% | 4.02% | 4.23% |
| % 15 year fixed mortgage | 12.03% | 13.88% | 12.88% | 10.70% | 9.53% | 9.05% | 8.54% | 10.47% |
| avg mortgage rate | 4.43% | 4.06% | 3.29% | 3.31% | 3.58% | 3.37% | 3.18% | 3.40% |
| Avg credit score | 761.24 | 764.56 | 762.02 | 757.46 | 752.75 | 749.21 | 747.88 | 746.47 |
| Avg LTV (loan to value) | 76.88% | 78.57% | 81.21% | 82.38% | 83.35% | 83.55% | 83.55% | 82.93% |
| Avg DTI (debt to income) | 32.42 | 31.68 | 31.69 | 32.19 | 33.12 | 33.15 | 33.88 | 34.39 |
| % First time homebuyer | 33.89% | 30.18% | 28.28% | 35.82% | 41.22% | 40.53% | 41.02% | 39.25% |
| Avg mortgage insurance % | 4.08% | 5.63% | 9.53% | 10.97% | 13.12% | 13.43% | 13.38% | 12.57% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Center Line, Michigan 48015
If you’re looking to buy a new home in Center Line, we have compiled a list of the leading mortgage brokers around Center Line, Michigan 48015 to help you with your search.
Name
Address
Contact
Global Mortgage
25537 Van Dyke Ave
Center Line MI 48015
(586) 755-5050
Express Lawsuit Funding
30150 Telegraph Rd
Bingham Farms MI 48015
(248) 865-2500
http://www.expresslawsuitfunding.com
Schreiber Harold
26160 Hawthorne Dr
Franklin MI 48015
(248) 626-6450
Direct Capital Funding
30200 Telegraph Rd
Bingham Farms MI 48015
(248) 530-5600
Remington Mortgage
31100 Telegraph Rd
Bingham Farms MI 48015
(248) 799-5120
http://www.remingtonloan.com
Address
25537 Van Dyke Ave
Center Line MI
Contact
(586) 755-5050
Address
30150 Telegraph Rd
Bingham Farms MI
Contact
(248) 865-2500
http://www.expresslawsuitfunding.com
Address
26160 Hawthorne Dr
Franklin MI
Contact
(248) 626-6450