Compare Today’s Mortgage Rates for Highland, Michigan

Pureloan searches mortgage lenders and major banks in Highland, Michigan 48356 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 $23,597 or $66 / month is expected in Highland and other areas of Oakland county.

Pureloan’s search engine explores all home mortgage options in Highland, Michigan 48356, 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

42.669187 -83.58951

Summary of Average Mortgage Terms in Highland, Michigan 48356

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Highland, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Highland, MI 48356, 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 Highland, MI

Historical Mortgage Rates for Highland, Michigan 48356 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Highland, Michigan and around Oakland 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 86.08% 83.00% 84.38% 87.84% 89.13% 89.26% 89.76% 88.17%
avg mortgage rate 5.07% 4.79% 3.97% 4.11% 4.54% 4.23% 4.02% 4.23%
% 15 year fixed mortgage 12.03% 13.88% 12.88% 10.70% 9.53% 9.05% 8.54% 10.47%
avg mortgage rate 4.43% 4.06% 3.29% 3.31% 3.58% 3.37% 3.18% 3.40%
Avg credit score 761.24 764.56 762.02 757.46 752.75 749.21 747.88 746.47
Avg LTV (loan to value) 76.88% 78.57% 81.21% 82.38% 83.35% 83.55% 83.55% 82.93%
Avg DTI (debt to income) 32.42 31.68 31.69 32.19 33.12 33.15 33.88 34.39
% First time homebuyer 33.89% 30.18% 28.28% 35.82% 41.22% 40.53% 41.02% 39.25%
Avg mortgage insurance % 4.08% 5.63% 9.53% 10.97% 13.12% 13.43% 13.38% 12.57%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Highland, Michigan 48356

If you’re looking to buy a new home in Highland, we have compiled a list of the leading mortgage brokers around Highland, Michigan 48356 to help you with your search.

Name
Address
Contact

Amerifirst Home Mortgage

1550 S Milford Rd

Highland MI 48356

(248) 714-9728

Advantage Home Loans

206 W Highland Rd

Highland MI 48356

(248) 887-2914

http://www.advantagehomeloans.com/

Multiresource

160 Lake Dr

Highland MI 48356

(248) 529-3024

http://multireversemortgage.com

Premier Mortgage Funding

2633 S Lapeer Rd

Orion MI 48356

(248) 393-1600

Kennedy Mortgage

2633 S Lapeer Rd

Orion MI 48356

(248) 393-1600

http://www.farmbureauinsurance-mi.com/

Address

1550 S Milford Rd

Highland MI

Contact

(248) 714-9728

Address

206 W Highland Rd

Highland MI

Contact

(248) 887-2914

http://www.advantagehomeloans.com/

Address

160 Lake Dr

Highland MI

Contact

(248) 529-3024

http://multireversemortgage.com

News on Mortgages and Reverse Mortgages for Highland, Michigan 48356