Compare Today’s Mortgage Rates for Columbus, Michigan

Pureloan searches mortgage lenders and major banks in Columbus, Michigan 48063 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $21,034 or $58 / month is expected in Columbus and other areas of Saint Clair county.

Pureloan’s search engine explores all home mortgage options in Columbus, Michigan 48063, 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

42.851944 -82.6825

Summary of Average Mortgage Terms in Columbus, Michigan 48063

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Columbus, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Columbus, MI 48063, 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 Columbus, MI

Historical Mortgage Rates for Columbus, Michigan 48063 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Columbus, Michigan and around Saint Clair 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 Columbus, Michigan 48063

If you’re looking to buy a new home in Columbus, we have compiled a list of the leading mortgage brokers around Columbus, Michigan 48063 to help you with your search.

Name
Address
Contact

Lumbermans Financial

8706 Gratiot Ave

Columbus MI 48063

(586) 727-0014

Blue Water Home Loans

218 Huron Ave

Port Huron MI 48063

(810) 987-1200

http://www.bluewaterhomeloans.com/

First Preferred Mortgage Co.

800 Michigan St

Port Huron MI 48063

(810) 982-9948

careers@firstpreferred.com

Michigan Mutual

800 Michigan St

Port Huron MI 48063

(810) 982-9948

http://www.firstpreferred.com

Check 'n Go

1327 24th St

Port Huron MI 48063

(810) 984-9900

comments@checkngo.com

Address

8706 Gratiot Ave

Columbus MI

Contact

(586) 727-0014

Address

218 Huron Ave

Port Huron MI

Contact

(810) 987-1200

http://www.bluewaterhomeloans.com/

Address

800 Michigan St

Port Huron MI

Contact

(810) 982-9948

careers@firstpreferred.com

News on Mortgages and Reverse Mortgages for Columbus, Michigan 48063