Compare Today’s Mortgage Rates for Decatur, Michigan
Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Decatur, Michigan 49045. 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 $16,186 or $45 / month in Decatur and other areas of Van Buren county.
Our search engine explores all home mortgage options in Decatur, Michigan 49045, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
42.101219
-86.033808
Summary of Average Mortgage Terms in Decatur, Michigan 49045
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Decatur, Michigan 49045
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Decatur, MI
To forecast and predict mortgage rates in Decatur, MI 49045, 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 Decatur, Michigan 49045 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Decatur, Michigan and around Van Buren 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 Decatur, Michigan 49045
If you’re looking to buy a new home in Decatur, we have compiled a list of the leading mortgage brokers around Decatur, Michigan 49045 to help you with your search.
Name
Address
Contact
Farm Credit Service
333 W State St
Hastings MI 49045
(269) 945-2375
http://www.greenstonefcs.com
Check 'n Go
618 W State St
Hastings MI 49045
(269) 945-5569
comments@checkngo.com
Apollo Home Mortgage
139 W State St
Hastings MI 49045
(269) 945-8878
wwoytal@apollohomeloans.com
Greenstone Farm Credit Services
1611 S Hanover St
Hastings MI 49045
(269) 945-9415
Foremost Mortgage Co.
27564 37th St
Gobles MI 49045
(269) 628-4029
Address
333 W State St
Hastings MI
Contact
(269) 945-2375
http://www.greenstonefcs.com
Address
618 W State St
Hastings MI
Contact
(269) 945-5569
comments@checkngo.com
Address
139 W State St
Hastings MI
Contact
(269) 945-8878
wwoytal@apollohomeloans.com