Compare Today’s Mortgage Rates for Grass Lake, Michigan

Pureloan searches mortgage lenders and major banks in Grass Lake, Michigan 49240 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 $20,225 or $56 / month is expected in Grass Lake and other areas of Jackson county.

Pureloan’s search engine explores all home mortgage options in Grass Lake, Michigan 49240, 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

42.271071 -84.194041

Summary of Average Mortgage Terms in Grass Lake, Michigan 49240

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Grass Lake, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Grass Lake, MI 49240, 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 Grass Lake, MI

Historical Mortgage Rates for Grass Lake, Michigan 49240 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Grass Lake, Michigan and around Jackson 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 Grass Lake, Michigan 49240

If you’re looking to buy a new home in Grass Lake, we have compiled a list of the leading mortgage brokers around Grass Lake, Michigan 49240 to help you with your search.

Name
Address
Contact

Mortgage Center

10 E Carleton Rd

Hillsdale MI 49240

(517) 439-5626

http://www.mortgagecenter.com

Premier Mortgage Funding

113 N Church St

Hudson MI 49240

(517) 448-2604

Lake Home For Sale by Owner

468 Skyline Dr

Horton MI 49240

(517) 688-9402

Mortgage One

100 S Jackson St

Jackson MI 49240

(517) 315-4626

jackson@mortgageone.biz

Jackson Affordable Housing

161 W Michigan Ave

Jackson MI 49240

(517) 788-4626

contact-us@jacksonaffordablehousing.org

Address

10 E Carleton Rd

Hillsdale MI

Contact

(517) 439-5626

http://www.mortgagecenter.com

Address

113 N Church St

Hudson MI

Contact

(517) 448-2604

Address

468 Skyline Dr

Horton MI

Contact

(517) 688-9402

News on Mortgages and Reverse Mortgages for Grass Lake, Michigan 49240