Compare Today’s Mortgage Rates for Howell, Michigan
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Howell, Michigan 48855. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $7,670 or $21 / month in Howell and surrounding areas of Livingston county.
Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Howell, Michigan 48855.
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Summary of Average Mortgage Terms in Howell, Michigan 48855
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Interactive Mortgage Rate Projections for Howell, MI
To forecast and predict mortgage rates in Howell, MI 48855, 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.
Historical Mortgage Rates for Howell, Michigan 48855 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Howell, Michigan and around Livingston 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 Howell, Michigan 48855
If you’re looking to buy a new home in Howell, we have compiled a list of the leading mortgage brokers around Howell, Michigan 48855 to help you with your search.
Name
Address
Contact
D & C Financial Corporation
6033 Marvu Dr
Howell MI 48855
(517) 545-7601
Homestead USA
108 W Grand River Ave
Howell MI 48855
(810) 220-5363
PNC Mortgage
622 E Grand River Ave
Howell MI 48855
(517) 548-0301
http://pncmortgage.com
First Metropolitan Title Co.
611 E Grand River Ave
Howell MI 48855
(517) 474-6387
Asset One Mortgage
10171 Bergin Rd
Howell MI 48855
(810) 632-6060
Address
6033 Marvu Dr
Howell MI
Contact
(517) 545-7601
Address
108 W Grand River Ave
Howell MI
Contact
(810) 220-5363
Address
622 E Grand River Ave
Howell MI
Contact
(517) 548-0301
http://pncmortgage.com