Compare Today’s Mortgage Rates for Davison, Michigan

Pureloan searches mortgage lenders and major banks in Davison, Michigan 48423 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 $19,940 or $55 / month is expected in Davison and other areas of Genesee county.

Pureloan’s search engine explores all home mortgage options in Davison, Michigan 48423, 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

43.034777 -83.526771

Summary of Average Mortgage Terms in Davison, Michigan 48423

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Davison, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Davison, MI 48423, 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 Davison, MI

Historical Mortgage Rates for Davison, Michigan 48423 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Davison, Michigan and around Genesee 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 Davison, Michigan 48423

If you’re looking to buy a new home in Davison, we have compiled a list of the leading mortgage brokers around Davison, Michigan 48423 to help you with your search.

Name
Address
Contact

Flag City Mortgage

1133 S State Rd

Davison MI 48423

(810) 653-1200

New Horizons Financial

501 W Flint St

Davison MI 48423

(810) 653-5651

http://www.newhorizonsfinancial.com

Check 'n Go

628 N State Rd

Davison MI 48423

(810) 653-8623

comments@checkngo.com

Preferred Mortgage

1063 S State Rd

Davison MI 48423

(810) 654-2525

http://www.loanjohn.com/

American Home Mortgage

300 Smith St

Clio MI 48423

(810) 670-4760

http://americanhm.com

Address

1133 S State Rd

Davison MI

Contact

(810) 653-1200

Address

501 W Flint St

Davison MI

Contact

(810) 653-5651

http://www.newhorizonsfinancial.com

Address

628 N State Rd

Davison MI

Contact

(810) 653-8623

comments@checkngo.com

News on Mortgages and Reverse Mortgages for Davison, Michigan 48423