Compare Today’s Mortgage Rates in Freeport, Michigan 49325
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Freeport, Michigan 49325.
Our search engine thoroughly explores all home mortgage options in Freeport, Michigan 49325, including fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, and conforming home mortgages. Based on our calculations, we estimate that for a 30-year fixed loan, you can expect to save $9,205 in lifetime cash or $26 per month in Freeport and other areas of Barry county.
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Summary of Average Mortgages in Freeport, Michigan 49325
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Freeport, Michigan 49325
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Freeport, MI 49325. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Freeport, Michigan 49325 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Freeport, Michigan and around Barry county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 96.58% | 93.94% | 93.33% | 91.59% | 89.53% | 86.51% | 86.89% | 86.31% | 82.92% |
avg mortgage rate | 6.50% | 4.78% | 3.11% | 3.40% | 4.40% | 4.63% | 4.13% | 3.84% | 4.07% |
% 15 year fixed mortgage | 2.28% | 4.84% | 5.26% | 6.28% | 7.97% | 10.12% | 10.34% | 11.33% | 13.74% |
avg mortgage rate | 5.52% | 3.83% | 2.47% | 2.92% | 3.76% | 3.93% | 3.31% | 3.08% | 3.24% |
Avg credit score | 752.38 | 768.01 | 750.67 | 765.53 | 750.16 | 757.31 | 748.96 | 758.63 | 754.00 |
Avg LTV (loan to value) | 82.58% | 83.26% | 83.02% | 83.56% | 82.64% | 80.86% | 82.88% | 82.97% | 81.73% |
Avg DTI (debt to income) | 37.22 | 35.95 | 34.41 | 34.19 | 34.64 | 34.54 | 33.57 | 32.77 | 32.34 |
% First time homebuyer | 43.02% | 34.87% | 31.39% | 27.59% | 28.90% | 19.57% | 23.75% | 20.86% | 19.87% |
Avg mortgage insurance % | 15.33% | 14.89% | 14.22% | 14.41% | 13.15% | 11.70% | 13.18% | 13.01% | 11.68% |
Best Mortgage Brokers around Freeport, Michigan 49325
For those searching for a new home in Freeport, we have compiled a list of the top mortgage brokers located in and around Freeport, Michigan 49325 to assist you with your search.
Name
Address
Contact
Mortgage House
8235 S Mason Dr
Newaygo MI 49325
(231) 452-6565
Integrity Lending
8235 S Mason Dr
Newaygo MI 49325
(231) 452-6550
Unity Credit Company
7612 Clyde Park Ave SW
Byron Center MI 49325
(616) 583-9706
Mercantile Mortgage Co.
4613 Alpine Ave NW
Comstock Park MI 49325
(616) 406-3000
privacyofficer@mercbank.com
Walnut Knoll Apartments
311 Morrison St
Big Rapids MI 49325
(231) 660-4352
manager@walnutknollapt.com
Address
8235 S Mason Dr
Newaygo MI
Contact
(231) 452-6565
Address
8235 S Mason Dr
Newaygo MI
Contact
(231) 452-6550
Address
7612 Clyde Park Ave SW
Byron Center MI
Contact
(616) 583-9706