Compare Today’s Mortgage Rates in Milan, Michigan 48160
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Milan, Michigan 48160.
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 Milan, Michigan 48160. For a 30-year fixed loan, our calculations show that you can expect to save up to $3,573 over the lifetime of your mortgage, which translates to a monthly savings of $10 in Milan and other areas of Monroe county.
Summary of Average Mortgages in Milan, Michigan 48160
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Interactive Mortgage Rate Projections for Milan, Michigan 48160
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Milan, MI 48160. 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 Milan, Michigan 48160 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Milan, 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 Milan, Michigan 48160
For those searching for a new home in Milan, we have compiled a list of the top mortgage brokers located in and around Milan, Michigan 48160 to assist you with your search.
Greenstone Farm Credit Services
15615 S Telegraph Rd
Monroe MI 48160
(734) 243-6711
leigh.picchetti@farmcredit.com
Check 'n Go
325 S Telegraph Rd
Monroe MI 48160
(734) 241-3994
comments@checkngo.com
Northern Ohio Investment Co.
975 S Monroe St
Monroe MI 48160
(734) 457-3944
http://www.noic.com/
Cross Country Mortgage
15268 S Dixie Hwy
Monroe MI 48160
(734) 682-3024
http://myccmortgage.com
Northern Ohio Investment Co.
15479 S Telegraph Rd
Monroe MI 48160
(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/