Compare Today’s Mortgage Rates in Hersey, Michigan 49639
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Hersey, Michigan 49639.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $5,465 over the lifetime of your 30-year fixed loan, or a monthly savings of $15 in Hersey and other areas of Osceola county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Hersey, Michigan 49639
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Hersey, Michigan 49639
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Hersey, MI 49639. 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 Hersey, Michigan 49639 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Hersey, Michigan and around Osceola 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 | 95.96% | 93.45% | 92.69% | 89.64% | 90.42% | 88.03% | 82.66% | 82.84% | 81.11% |
| avg mortgage rate | 6.78% | 4.78% | 3.14% | 3.41% | 4.42% | 4.66% | 4.14% | 3.86% | 4.06% |
| % 15 year fixed mortgage | 3.54% | 4.86% | 6.27% | 8.31% | 7.82% | 9.31% | 14.33% | 14.69% | 16.48% |
| avg mortgage rate | 6.14% | 3.88% | 2.45% | 2.92% | 3.82% | 4.04% | 3.30% | 3.12% | 3.24% |
| Avg credit score | 793.56 | 749.33 | 752.55 | 773.24 | 753.85 | 753.75 | 755.03 | 755.61 | 760.97 |
| Avg LTV (loan to value) | 81.90% | 81.75% | 83.43% | 81.63% | 82.53% | 79.68% | 80.65% | 81.25% | 79.24% |
| Avg DTI (debt to income) | 36.64 | 35.31 | 33.97 | 34.09 | 35.04 | 34.03 | 33.35 | 32.36 | 31.96 |
| % First time homebuyer | 45.45% | 36.38% | 29.00% | 26.33% | 29.42% | 22.07% | 24.50% | 21.29% | 21.30% |
| Avg mortgage insurance % | 13.99% | 13.40% | 13.43% | 11.55% | 12.91% | 9.82% | 9.60% | 10.40% | 8.79% |
Best Mortgage Brokers around Hersey, Michigan 49639
For those searching for a new home in Hersey, we have compiled a list of the top mortgage brokers located in and around Hersey, Michigan 49639 to assist you with your search.
Name
Address
Contact
J D Finance
301 S Cedar St
Kalkaska MI 49639
(231) 258-6868
Midwest Mortgage
333 E State St
Traverse City MI 49639
(231) 947-0800
Bay Mortgage
109 S Union St
Traverse City MI 49639
(231) 933-9400
info@bayloans.net
Crest Financial
13818 S West Bay Shore Dr
Traverse City MI 49639
(231) 932-9300
http://www.crestfinancialinc.com
John Adams Mortgage
521 Randolph St
Traverse City MI 49639
(231) 946-4021
info@johnadamsmortgage.com
Address
301 S Cedar St
Kalkaska MI
Contact
(231) 258-6868
Address
333 E State St
Traverse City MI
Contact
(231) 947-0800
Address
109 S Union St
Traverse City MI
Contact
(231) 933-9400
info@bayloans.net