Compare Today’s Mortgage Rates for Chatham, Michigan

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Chatham, Michigan 49816. 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 $14,465 or $40 / month in Chatham and surrounding areas of Alger 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 Chatham, Michigan 49816.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

46.294821 -86.758934

Summary of Average Mortgage Terms in Chatham, Michigan 49816

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Chatham, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Chatham, MI 49816, 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 Chatham, MI

Historical Mortgage Rates for Chatham, Michigan 49816 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Chatham, Michigan and around Alger 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 Chatham, Michigan 49816

If you’re looking to buy a new home in Chatham, we have compiled a list of the leading mortgage brokers around Chatham, Michigan 49816 to help you with your search.

Name
Address
Contact

Wells Fargo Home Mortgage

1205 Ludington St

Escanaba MI 49816

(906) 789-5226

http://www.wellsfargo.com/mortgage/

Goodmoney Payday Loans

2201 6th Ave N

Escanaba MI 49816

(906) 786-7213

http://www.deltacountycu.com/

Network Funding

1719 Ludington St

Escanaba MI 49816

(906) 233-4663

Executive Mortgage

1719 Ludington St

Escanaba MI 49816

(906) 225-8640

Wells Fargo Home Mortgage

101 W Washington St

Marquette MI 49816

(906) 228-1234

reportphish@wellsfargo.com

Address

1205 Ludington St

Escanaba MI

Contact

(906) 789-5226

http://www.wellsfargo.com/mortgage/

Address

2201 6th Ave N

Escanaba MI

Contact

(906) 786-7213

http://www.deltacountycu.com/

Address

1719 Ludington St

Escanaba MI

Contact

(906) 233-4663

News on Mortgages and Reverse Mortgages for Chatham, Michigan 49816