Compare Today’s Mortgage Rates for Homer, Michigan

Pureloan searches mortgage lenders and major banks in Homer, Michigan 49245 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 $12,921 or $36 / month is expected in Homer and other areas of Calhoun county.

Pureloan’s search engine explores all home mortgage options in Homer, Michigan 49245, 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

42.141561 -84.81572

Summary of Average Mortgage Terms in Homer, Michigan 49245

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Homer, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Homer, MI 49245, 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 Homer, MI

Historical Mortgage Rates for Homer, Michigan 49245 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Homer, Michigan and around Calhoun 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 81.91% 77.75% 76.36% 78.51% 83.42% 82.95% 83.89% 84.30%
avg mortgage rate 4.88% 4.67% 3.91% 4.00% 4.43% 4.09% 3.89% 4.11%
% 15 year fixed mortgage 13.07% 17.16% 17.73% 17.56% 13.48% 13.35% 12.68% 12.45%
avg mortgage rate 4.29% 3.86% 3.13% 3.22% 3.49% 3.23% 3.07% 3.32%
Avg credit score 765.70 760.39 762.48 758.51 754.58 754.10 746.51 749.94
Avg LTV (loan to value) 77.27% 78.81% 80.10% 81.43% 82.46% 82.09% 83.18% 83.26%
Avg DTI (debt to income) 30.51 30.30 30.37 30.49 31.59 31.94 32.58 32.59
% First time homebuyer 24.15% 20.78% 19.90% 26.25% 25.23% 23.80% 24.77% 27.08%
Avg mortgage insurance % 4.47% 6.92% 7.78% 9.47% 12.01% 11.43% 12.51% 12.29%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Homer, Michigan 49245

If you’re looking to buy a new home in Homer, we have compiled a list of the leading mortgage brokers around Homer, Michigan 49245 to help you with your search.

Name
Address
Contact

Check 'n Go

749 Olds St

Jonesville MI 49245

(517) 849-4000

comments@checkngo.com

Mortgage One

100 S Jackson St

Jackson MI 49245

(517) 315-4626

jackson@mortgageone.biz

Jackson Affordable Housing

161 W Michigan Ave

Jackson MI 49245

(517) 788-4626

contact-us@jacksonaffordablehousing.org

Michigan Home Finance

5495 Ann Arbor Rd

Jackson MI 49245

(517) 764-0484

Countrywide Communications

5263 Thames Ct

Jackson MI 49245

(517) 796-9070

Address

749 Olds St

Jonesville MI

Contact

(517) 849-4000

comments@checkngo.com

Address

100 S Jackson St

Jackson MI

Contact

(517) 315-4626

jackson@mortgageone.biz

Address

161 W Michigan Ave

Jackson MI

Contact

(517) 788-4626

contact-us@jacksonaffordablehousing.org

News on Mortgages and Reverse Mortgages for Homer, Michigan 49245