Compare Today’s Mortgage Rates in Harper Woods, Michigan 48225
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Harper Woods, Michigan 48225.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Harper Woods, Michigan 48225. For a 30-year fixed loan, our calculations show that you can expect to save up to $1,656 over the lifetime of your mortgage, which translates to a monthly savings of $5 in Harper Woods and other areas of Wayne county.
Summary of Average Mortgages in Harper Woods, Michigan 48225
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Interactive Mortgage Rate Projections for Harper Woods, Michigan 48225
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Harper Woods, MI 48225. 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 Harper Woods, Michigan 48225 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Harper Woods, Michigan and around Wayne 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 | 93.18% | 91.38% | 88.96% | 81.50% | 86.83% | 80.13% | 77.71% | 77.40% | 78.19% |
avg mortgage rate | 6.81% | 4.85% | 3.21% | 3.45% | 4.51% | 4.77% | 4.23% | 3.95% | 4.14% |
% 15 year fixed mortgage | 5.30% | 5.81% | 9.82% | 15.18% | 8.33% | 15.71% | 16.88% | 18.49% | 17.11% |
avg mortgage rate | 6.10% | 4.06% | 2.63% | 2.90% | 3.83% | 4.20% | 3.41% | 3.10% | 3.32% |
Avg credit score | 738.14 | 744.83 | 746.40 | 748.73 | 748.99 | 752.39 | 750.95 | 751.26 | 754.98 |
Avg LTV (loan to value) | 84.17% | 84.73% | 83.90% | 83.60% | 83.35% | 81.23% | 81.23% | 81.89% | 81.74% |
Avg DTI (debt to income) | 36.02 | 36.32 | 32.86 | 33.23 | 33.58 | 32.55 | 32.37 | 31.62 | 31.69 |
% First time homebuyer | 31.06% | 35.07% | 30.98% | 25.78% | 25.00% | 21.79% | 16.56% | 26.37% | 13.09% |
Avg mortgage insurance % | 14.91% | 14.94% | 13.18% | 12.56% | 11.50% | 10.88% | 10.18% | 10.34% | 9.53% |
Best Mortgage Brokers around Harper Woods, Michigan 48225
For those searching for a new home in Harper Woods, we have compiled a list of the top mortgage brokers located in and around Harper Woods, Michigan 48225 to assist you with your search.
Capital Housing & Associate
20020 Kelly Rd
Harper Woods MI 48225
(313) 344-4957
Ross Mortgage
20844 Harper Ave
Harper Woods MI 48225
(313) 347-7700
apply@rossmortgage.com
Towne Mortgage Company
18430 Mack Ave
Grosse Pointe Farms MI 48225
(313) 886-9400
PNC Mortgage
1 Kercheval Ave
Grosse Pointe Farms MI 48225
(313) 885-5238
pncpaymentportal@pnc.com
John Adams Mortgage Co.
82 Kercheval Ave
Grosse Pointe Farms MI 48225
(313) 884-8374
info@johnadamsmortgage.com
Address
20020 Kelly Rd
Harper Woods MI
Contact
(313) 344-4957
Address
20844 Harper Ave
Harper Woods MI
Contact
(313) 347-7700
apply@rossmortgage.com
Address
18430 Mack Ave
Grosse Pointe Farms MI
Contact
(313) 886-9400