Compare Today’s Mortgage Rates in Luna Pier, Michigan 48157
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Luna Pier, Michigan 48157.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Luna Pier, Michigan 48157. For a 30-year fixed loan, our calculations show that you can expect to save up to $7,687 over the lifetime of your mortgage, which translates to a monthly savings of $21 in Luna Pier and other areas of Monroe county.
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Summary of Average Mortgages in Luna Pier, Michigan 48157
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Luna Pier, Michigan 48157
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Luna Pier, MI 48157. 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 Luna Pier, Michigan 48157 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Luna Pier, Michigan and around Monroe 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 | 94.94% | 92.56% | 91.62% | 90.82% | 89.68% | 86.72% | 86.48% | 85.94% | 85.49% |
| avg mortgage rate | 6.56% | 4.76% | 3.08% | 3.44% | 4.47% | 4.71% | 4.27% | 3.99% | 4.20% |
| % 15 year fixed mortgage | 4.13% | 6.07% | 7.10% | 7.59% | 8.64% | 11.05% | 11.39% | 11.92% | 12.54% |
| avg mortgage rate | 5.78% | 3.82% | 2.43% | 2.95% | 3.81% | 4.03% | 3.50% | 3.24% | 3.35% |
| Avg credit score | 746.54 | 753.21 | 752.55 | 753.42 | 750.29 | 749.33 | 750.61 | 750.86 | 750.05 |
| Avg LTV (loan to value) | 84.29% | 84.59% | 84.94% | 84.88% | 83.96% | 81.23% | 82.69% | 83.43% | 83.14% |
| Avg DTI (debt to income) | 37.77 | 35.98 | 34.29 | 34.89 | 35.22 | 34.91 | 34.22 | 34.04 | 33.38 |
| % First time homebuyer | 57.37% | 53.38% | 49.34% | 48.67% | 46.40% | 37.66% | 37.61% | 40.40% | 40.90% |
| Avg mortgage insurance % | 15.22% | 15.08% | 14.83% | 14.79% | 13.78% | 10.96% | 12.07% | 13.11% | 12.52% |
Best Mortgage Brokers around Luna Pier, Michigan 48157
For those searching for a new home in Luna Pier, we have compiled a list of the top mortgage brokers located in and around Luna Pier, Michigan 48157 to assist you with your search.
Name
Address
Contact
Greenstone Farm Credit Services
15615 S Telegraph Rd
Monroe MI 48157
(734) 243-6711
leigh.picchetti@farmcredit.com
Check 'n Go
325 S Telegraph Rd
Monroe MI 48157
(734) 241-3994
comments@checkngo.com
Northern Ohio Investment Co.
975 S Monroe St
Monroe MI 48157
(734) 457-3944
http://www.noic.com/
Cross Country Mortgage
15268 S Dixie Hwy
Monroe MI 48157
(734) 682-3024
http://myccmortgage.com
Northern Ohio Investment Co.
15479 S Telegraph Rd
Monroe MI 48157
(734) 457-3944
http://www.noic.com
Address
15615 S Telegraph Rd
Monroe MI
Contact
(734) 243-6711
leigh.picchetti@farmcredit.com
Address
325 S Telegraph Rd
Monroe MI
Contact
(734) 241-3994
comments@checkngo.com
Address
975 S Monroe St
Monroe MI
Contact
(734) 457-3944
http://www.noic.com/