Compare Today’s Mortgage Rates for Durand, Michigan
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Durand, Michigan 48429. 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 $12,675 or $35 / month in Durand and surrounding areas of Shiawassee 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 Durand, Michigan 48429.
42.91171
-83.987651
Summary of Average Mortgage Terms in Durand, Michigan 48429
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Durand, Michigan 48429
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Durand, MI
To forecast and predict mortgage rates in Durand, MI 48429, 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 Durand, Michigan 48429 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Durand, Michigan and around Shiawassee 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 Durand, Michigan 48429
If you’re looking to buy a new home in Durand, we have compiled a list of the leading mortgage brokers around Durand, Michigan 48429 to help you with your search.
Name
Address
Contact
Icon Mortgage Lending
3025 E Hill Rd
Grand Blanc MI 48429
(810) 953-4266
matt@iconmortgagelending.com
Check 'n Go
545 E Grand Blanc Rd
Grand Blanc MI 48429
(810) 953-9946
comments@checkngo.com
Grand Oak Mortgage Co.
5225 E Cook Rd
Grand Blanc MI 48429
(810) 695-5400
slandis@grandoak.com
First Commercial Mortgage
8145 S Saginaw St
Grand Blanc MI 48429
(810) 695-4840
Guardian Mortgage Co.
8283 Office Park Dr
Grand Blanc MI 48429
(810) 694-8610
lanishepherd@gmc-inc.com
Address
3025 E Hill Rd
Grand Blanc MI
Contact
(810) 953-4266
matt@iconmortgagelending.com
Address
545 E Grand Blanc Rd
Grand Blanc MI
Contact
(810) 953-9946
comments@checkngo.com
Address
5225 E Cook Rd
Grand Blanc MI
Contact
(810) 695-5400
slandis@grandoak.com