Compare Today’s Mortgage Rates for Fraser, Michigan

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Fraser, Michigan 48026. 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 $10,947 or $30 / month in Fraser and surrounding areas of Macomb 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 Fraser, Michigan 48026.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

42.542252 -82.946964

Summary of Average Mortgage Terms in Fraser, Michigan 48026

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Fraser, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Fraser, MI 48026, 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 Fraser, MI

Historical Mortgage Rates for Fraser, Michigan 48026 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Fraser, Michigan and around Macomb 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 Fraser, Michigan 48026

If you’re looking to buy a new home in Fraser, we have compiled a list of the leading mortgage brokers around Fraser, Michigan 48026 to help you with your search.

Name
Address
Contact

Furr Elery

18530 Masonic

Fraser MI 48026

(586) 296-7232

Homebridge Financial Services

31485 Groesbeck Hwy

Fraser MI 48026

(586) 585-1025

First Security Mortgage

16853 E 14 Mile Rd

Fraser MI 48026

(586) 296-5626

John Adams Mortgage

34620 Utica Rd

Fraser MI 48026

(586) 285-3414

info@johnadamsmortgage.com

Quicken Loans

400 Galleria Officentre

Southfield MI 48026

(800) 251-9080

help@quickenloans.com

Address

18530 Masonic

Fraser MI

Contact

(586) 296-7232

Address

31485 Groesbeck Hwy

Fraser MI

Contact

(586) 585-1025

Address

16853 E 14 Mile Rd

Fraser MI

Contact

(586) 296-5626

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