Compare Today’s Mortgage Rates for Houghton Lake, Michigan

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Houghton Lake, Michigan 48629. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $11,746 or $33 / month in Houghton Lake and other areas of Roscommon county.

Our search engine explores all home mortgage options in Houghton Lake, Michigan 48629, 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

44.341327 -84.742175

Summary of Average Mortgage Terms in Houghton Lake, Michigan 48629

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Houghton Lake, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Houghton Lake, MI 48629, 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 Houghton Lake, MI

Historical Mortgage Rates for Houghton Lake, Michigan 48629 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Houghton Lake, Michigan and around Roscommon 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 Houghton Lake, Michigan 48629

If you’re looking to buy a new home in Houghton Lake, we have compiled a list of the leading mortgage brokers around Houghton Lake, Michigan 48629 to help you with your search.

Name
Address
Contact

Flagstar Bank Loan Center

2645 W Houghton Lake Dr

Houghton Lake MI 48629

(989) 366-8530

http://www.flagstar.com

Wells Fargo Home Mortgage

3225 W Houghton Lake Dr

Houghton Lake MI 48629

(989) 366-0264

http://www.wellsfargo.com/mortgage/

Wells Fargo Home Mortgage

11008 W Shore Dr

Houghton Lake MI 48629

(989) 422-4893

robert.maund@abbotdowning.com

Check 'n Go

2131 W Houghton Lake Dr

Houghton Lake MI 48629

(989) 366-7594

comments@checkngo.com

Check 'n Go

1734 Lawndale Rd

Saginaw MI 48629

(989) 497-1000

comments@checkngo.com

Address

2645 W Houghton Lake Dr

Houghton Lake MI

Contact

(989) 366-8530

http://www.flagstar.com

Address

3225 W Houghton Lake Dr

Houghton Lake MI

Contact

(989) 366-0264

http://www.wellsfargo.com/mortgage/

Address

11008 W Shore Dr

Houghton Lake MI

Contact

(989) 422-4893

robert.maund@abbotdowning.com

News on Mortgages and Reverse Mortgages for Houghton Lake, Michigan 48629