Compare Today’s Mortgage Rates in Hazel Park, Michigan 48030

Pureloan is dedicated to helping you secure the best mortgage rates by conducting extensive searches among mortgage lenders and major banks in Hazel Park, Michigan 48030.

Our search engine thoroughly explores all home mortgage options in Hazel Park, Michigan 48030, 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 $7,096 in lifetime cash or $20 per month in Hazel Park and other areas of Oakland county.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

42.460768 -83.098182 20382

Summary of Average Mortgages in Hazel Park, Michigan 48030

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Hazel Park, Michigan 48030

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Hazel Park, MI 48030. 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.

Local Mortgage Rates in Hazel Park, Michigan 48030

Hazel Park is a city in Oakland County in the U.S. state of Michigan. As a part of Metro Detroit, the city shares its southern border with the city of Detroit. As of the 2010 census, the population was 16,422.Hazel Park was incorporated as a city in 1941 and bills itself as The Friendly City. Read more

Hazel Park is a city in Oakland County in the U.S. state of Michigan. As a part of Metro Detroit, the city shares its southern border with the city of Detroit. As of the 2010 census, the population was 16,422.Hazel Park was incorporated as a city in 1941 and bills itself as The Friendly City. From 1949 to 2018, it was the site of the Hazel Park Raceway, considered a high-quality facility originally used for both Thoroughbred and Standardbred racing. From 1985 on, the track ran only harness races. After 1996, it also provided simulcasts of races year round from across North America, with betting allowed on these races at the track facilities. Read less

Historical Mortgage Rates in Hazel Park, Michigan 48030 from 2024 - 2016

We have compiled mortgage rates charts for home loans in Hazel Park, Michigan and around Oakland 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 96.23% 94.13% 93.32% 92.65% 92.35% 89.89% 89.56% 89.71% 89.15%
avg mortgage rate 6.58% 4.80% 3.09% 3.49% 4.50% 4.73% 4.29% 4.02% 4.23%
% 15 year fixed mortgage 3.10% 4.75% 5.56% 6.21% 6.11% 8.24% 8.76% 8.56% 9.09%
avg mortgage rate 5.67% 3.98% 2.48% 2.92% 3.84% 4.03% 3.49% 3.18% 3.37%
Avg credit score 746.03 746.49 749.90 747.42 745.95 753.41 746.23 750.53 749.01
Avg LTV (loan to value) 84.36% 85.12% 85.41% 85.56% 84.89% 81.58% 83.05% 83.66% 83.50%
Avg DTI (debt to income) 37.81 36.60 34.62 34.88 35.27 35.36 34.60 33.85 33.08
% First time homebuyer 59.05% 54.31% 51.92% 52.69% 50.30% 38.64% 38.97% 41.58% 40.75%
Avg mortgage insurance % 15.15% 15.52% 15.39% 15.44% 14.68% 11.44% 12.40% 13.46% 13.31%

Source: Financial Report of the US Government

Best Mortgage Brokers around Hazel Park, Michigan 48030

For those searching for a new home in Hazel Park, we have compiled a list of the top mortgage brokers located in and around Hazel Park, Michigan 48030 to assist you with your search.

Name
Address
Contact

E Z Auto Financing

45 E 8 Mile Rd

Hazel Park MI 48030

(248) 565-8540

http://www.e-zautofinance.com/default.aspx

Check 'n Go

22842 John R Rd

Hazel Park MI 48030

(248) 541-3050

comments@checkngo.com

Quicken Loans

400 Galleria Officentre

Southfield MI 48030

(800) 251-9080

help@quickenloans.com

OneMain Financial

24725 W 12 Mile Rd

Southfield MI 48030

(248) 304-4479

http://branches.onemainfinancial.com/mi/southfield/24725-w-twelve-mile-rd.html

Gold Star Mortgage Financial Group

29566 Northwestern Hwy

Southfield MI 48030

(248) 266-2260

http://mortgagesouthfield.com

Address

45 E 8 Mile Rd

Hazel Park MI

Contact

(248) 565-8540

http://www.e-zautofinance.com/default.aspx

Address

22842 John R Rd

Hazel Park MI

Contact

(248) 541-3050

comments@checkngo.com

Address

400 Galleria Officentre

Southfield MI

Contact

(800) 251-9080

help@quickenloans.com

News on Mortgages and Reverse Mortgages for Hazel Park, Michigan 48030