Compare Today’s Mortgage Rates for Central Lake, Michigan

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Central Lake, Michigan 49622. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $19,940 or $55 / month in Central Lake and other areas of Antrim county.

Our search engine explores all home mortgage options in Central Lake, Michigan 49622, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

45.074796 -85.267285

Summary of Average Mortgage Terms in Central Lake, Michigan 49622

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Central Lake, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Central Lake, MI 49622, 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 Central Lake, MI

Historical Mortgage Rates for Central Lake, Michigan 49622 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Central Lake, Michigan and around Antrim 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 Central Lake, Michigan 49622

If you’re looking to buy a new home in Central Lake, we have compiled a list of the leading mortgage brokers around Central Lake, Michigan 49622 to help you with your search.

Name
Address
Contact

PNC Real Estate

212 River St

Elk Rapids MI 49622

(231) 264-2002

http://www.arcscommercial.com

Midwest Mortgage

333 E State St

Traverse City MI 49622

(231) 947-0800

Bay Mortgage

109 S Union St

Traverse City MI 49622

(231) 933-9400

info@bayloans.net

Crest Financial

13818 S West Bay Shore Dr

Traverse City MI 49622

(231) 932-9300

http://www.crestfinancialinc.com

John Adams Mortgage

521 Randolph St

Traverse City MI 49622

(231) 946-4021

info@johnadamsmortgage.com

Address

212 River St

Elk Rapids MI

Contact

(231) 264-2002

http://www.arcscommercial.com

Address

333 E State St

Traverse City MI

Contact

(231) 947-0800

Address

109 S Union St

Traverse City MI

Contact

(231) 933-9400

info@bayloans.net

News on Mortgages and Reverse Mortgages for Central Lake, Michigan 49622