Compare Today’s Mortgage Rates for Grand Marais, Michigan

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Grand Marais, Michigan 49839. 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 $11,746 or $33 / month in Grand Marais and surrounding areas of Alger 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 Grand Marais, Michigan 49839.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

46.652916 -85.983633

Summary of Average Mortgage Terms in Grand Marais, Michigan 49839

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Grand Marais, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Grand Marais, MI 49839, 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 Grand Marais, MI

Historical Mortgage Rates for Grand Marais, Michigan 49839 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Grand Marais, Michigan and around Alger 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 81.91% 77.75% 76.36% 78.51% 83.42% 82.95% 83.89% 84.30%
avg mortgage rate 4.88% 4.67% 3.91% 4.00% 4.43% 4.09% 3.89% 4.11%
% 15 year fixed mortgage 13.07% 17.16% 17.73% 17.56% 13.48% 13.35% 12.68% 12.45%
avg mortgage rate 4.29% 3.86% 3.13% 3.22% 3.49% 3.23% 3.07% 3.32%
Avg credit score 765.70 760.39 762.48 758.51 754.58 754.10 746.51 749.94
Avg LTV (loan to value) 77.27% 78.81% 80.10% 81.43% 82.46% 82.09% 83.18% 83.26%
Avg DTI (debt to income) 30.51 30.30 30.37 30.49 31.59 31.94 32.58 32.59
% First time homebuyer 24.15% 20.78% 19.90% 26.25% 25.23% 23.80% 24.77% 27.08%
Avg mortgage insurance % 4.47% 6.92% 7.78% 9.47% 12.01% 11.43% 12.51% 12.29%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Grand Marais, Michigan 49839

If you’re looking to buy a new home in Grand Marais, we have compiled a list of the leading mortgage brokers around Grand Marais, Michigan 49839 to help you with your search.

Name
Address
Contact

Wells Fargo Home Mortgage

700 US Highway 41 W

Ishpeming MI 49839

(906) 486-3010

http://www.wellsfargo.com/mortgage/

M Bank

1419 N 2nd St

Ishpeming MI 49839

(906) 228-3640

Wells Fargo Home Mortgage

115 N Pine St

Gwinn MI 49839

(906) 228-1334

http://www.wellsfargo.com/mortgage/

Wells Fargo Home Mortgage

101 W Washington St

Marquette MI 49839

(906) 228-1234

reportphish@wellsfargo.com

OneMain Financial

3115 US Highway 41 W

Marquette MI 49839

(906) 228-0034

http://branches.onemainfinancial.com/mi/marquette/3115-west-us-41.html

Address

700 US Highway 41 W

Ishpeming MI

Contact

(906) 486-3010

http://www.wellsfargo.com/mortgage/

Address

1419 N 2nd St

Ishpeming MI

Contact

(906) 228-3640

Address

115 N Pine St

Gwinn MI

Contact

(906) 228-1334

http://www.wellsfargo.com/mortgage/

News on Mortgages and Reverse Mortgages for Grand Marais, Michigan 49839

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