Compare Today’s Mortgage Rates for Flat Rock, Michigan

Pureloan searches mortgage lenders and major banks in Flat Rock, Michigan 48134 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 $21,113 or $59 / month is expected in Flat Rock and other areas of Wayne county.

Pureloan’s search engine explores all home mortgage options in Flat Rock, Michigan 48134, 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

42.105521 -83.279525

Summary of Average Mortgage Terms in Flat Rock, Michigan 48134

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Flat Rock, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Flat Rock, MI 48134, 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 Flat Rock, MI

Historical Mortgage Rates for Flat Rock, Michigan 48134 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Flat Rock, Michigan and around Wayne 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 Flat Rock, Michigan 48134

If you’re looking to buy a new home in Flat Rock, we have compiled a list of the leading mortgage brokers around Flat Rock, Michigan 48134 to help you with your search.

Name
Address
Contact

Songbird Property Management Company

25821 Telegraph Rd

Flat Rock MI 48134

(734) 286-5096

Check 'n Go

26926 Telegraph Rd

Flat Rock MI 48134

(734) 782-2300

comments@checkngo.com

Check 'n Go

2083 Middlebelt Rd

Garden City MI 48134

(734) 762-7560

comments@checkngo.com

Beaudrie Mortgage Service

29207 Ford Rd

Garden City MI 48134

(734) 425-9941

jim@beaudrieagency.com

Premier Mortgage

30000 Ford Rd

Garden City MI 48134

(734) 261-9950

Address

25821 Telegraph Rd

Flat Rock MI

Contact

(734) 286-5096

Address

26926 Telegraph Rd

Flat Rock MI

Contact

(734) 782-2300

comments@checkngo.com

Address

2083 Middlebelt Rd

Garden City MI

Contact

(734) 762-7560

comments@checkngo.com

News on Mortgages and Reverse Mortgages for Flat Rock, Michigan 48134