Compare Today’s Mortgage Rates for Gaines, Michigan

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Gaines, Michigan 48436. 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 $4,394 or $12 / month in Gaines and surrounding areas of Genesee 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 Gaines, Michigan 48436.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

42.881333 -83.885488

Summary of Average Mortgage Terms in Gaines, Michigan 48436

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Gaines, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Gaines, MI 48436, 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 Gaines, MI

Historical Mortgage Rates for Gaines, Michigan 48436 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Gaines, Michigan and around Genesee 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 Gaines, Michigan 48436

If you’re looking to buy a new home in Gaines, we have compiled a list of the leading mortgage brokers around Gaines, Michigan 48436 to help you with your search.

Name
Address
Contact

Ciara Marketing

11155 Hogan Rd

Gaines MI 48436

(810) 735-0955

Acceptance Capital Mortgage

700 S Main St

Lapeer MI 48436

(810) 245-9936

Executive Mortgage Of Michigan

5456 Davison Rd

Lapeer MI 48436

(810) 272-7088

Brechtwood Mortgage Company

311 S Court St

Lapeer MI 48436

(810) 245-2677

Team One Mortgage

700 S Main St

Lapeer MI 48436

(810) 245-9936

contactus@myhomesweethomeloan.com

Address

11155 Hogan Rd

Gaines MI

Contact

(810) 735-0955

Address

700 S Main St

Lapeer MI

Contact

(810) 245-9936

Address

5456 Davison Rd

Lapeer MI

Contact

(810) 272-7088

News on Mortgages and Reverse Mortgages for Gaines, Michigan 48436

Looking for Mortgage Rates in Other Cities named Gaines?