Compare Today’s Mortgage Rates in Hanover, Michigan 49241
Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Hanover, Michigan 49241.
Our search engine thoroughly explores all home mortgage options in Hanover, Michigan 49241, 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 Hanover and other areas of Jackson county.
42.102521
-84.584809
21093
Summary of Average Mortgages in Hanover, Michigan 49241
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Hanover, Michigan 49241
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Hanover, Michigan 49241
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Hanover, MI 49241. 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 Hanover, Michigan 49241 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Hanover, Michigan and around Jackson 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 | 93.63% | 92.80% | 90.99% | 90.63% | 89.24% | 84.19% | 85.56% | 83.74% | 81.36% |
avg mortgage rate | 6.78% | 4.79% | 3.18% | 3.48% | 4.52% | 4.73% | 4.22% | 3.91% | 4.15% |
% 15 year fixed mortgage | 4.49% | 5.33% | 7.22% | 7.14% | 8.91% | 12.57% | 12.65% | 14.65% | 14.87% |
avg mortgage rate | 5.96% | 3.62% | 2.47% | 2.94% | 3.83% | 4.06% | 3.40% | 3.10% | 3.25% |
Avg credit score | 741.90 | 761.38 | 743.56 | 744.43 | 743.13 | 759.68 | 745.34 | 745.84 | 748.92 |
Avg LTV (loan to value) | 83.47% | 84.26% | 84.47% | 85.57% | 84.25% | 82.49% | 82.44% | 83.63% | 83.43% |
Avg DTI (debt to income) | 37.33 | 35.03 | 33.02 | 33.98 | 34.18 | 33.62 | 33.02 | 32.33 | 32.10 |
% First time homebuyer | 47.94% | 37.23% | 32.76% | 34.42% | 35.76% | 24.73% | 24.76% | 30.43% | 27.06% |
Avg mortgage insurance % | 14.79% | 15.33% | 14.53% | 15.75% | 14.00% | 12.58% | 12.17% | 13.17% | 12.87% |
Best Mortgage Brokers around Hanover, Michigan 49241
For those searching for a new home in Hanover, we have compiled a list of the top mortgage brokers located in and around Hanover, Michigan 49241 to assist you with your search.
Name
Address
Contact
Mortgage Center
10 E Carleton Rd
Hillsdale MI 49241
(517) 439-5626
http://www.mortgagecenter.com
Premier Mortgage Funding
113 N Church St
Hudson MI 49241
(517) 448-2604
Lake Home For Sale by Owner
468 Skyline Dr
Horton MI 49241
(517) 688-9402
Mortgage One
100 S Jackson St
Jackson MI 49241
(517) 315-4626
jackson@mortgageone.biz
Jackson Affordable Housing
161 W Michigan Ave
Jackson MI 49241
(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