Compare Today’s Mortgage Rates in Morrice, Michigan 48857
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Morrice, Michigan 48857.
After exploring all the mortgage options such as fixed-rate, ARM, FHA, VA, USDA, conventional, jumbo, and conforming home mortgages, our calculations show you can save up to $5,465 over the lifetime of your 30-year fixed loan, or a monthly savings of $15 in Morrice and other areas of Shiawassee county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
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Summary of Average Mortgages in Morrice, Michigan 48857
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Mortgage Rate Projections for Morrice, Michigan 48857
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Morrice, MI 48857. 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 Morrice, Michigan 48857 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Morrice, Michigan and around Shiawassee 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 | 96.36% | 92.37% | 91.97% | 91.19% | 89.52% | 87.79% | 86.03% | 86.00% | 84.72% |
avg mortgage rate | 6.68% | 4.82% | 3.14% | 3.44% | 4.43% | 4.70% | 4.21% | 3.92% | 4.13% |
% 15 year fixed mortgage | 2.91% | 6.18% | 6.76% | 7.16% | 7.88% | 9.99% | 11.48% | 12.00% | 12.67% |
avg mortgage rate | 5.93% | 3.88% | 2.49% | 2.82% | 3.82% | 4.05% | 3.38% | 3.08% | 3.25% |
Avg credit score | 743.43 | 755.18 | 752.77 | 755.96 | 753.43 | 755.08 | 755.06 | 749.75 | 752.97 |
Avg LTV (loan to value) | 83.60% | 84.42% | 84.84% | 85.10% | 84.47% | 82.85% | 83.82% | 84.23% | 83.93% |
Avg DTI (debt to income) | 36.97 | 35.68 | 33.91 | 34.36 | 34.56 | 33.95 | 33.55 | 33.11 | 32.75 |
% First time homebuyer | 45.17% | 39.98% | 34.90% | 35.28% | 36.33% | 28.63% | 28.33% | 27.36% | 28.26% |
Avg mortgage insurance % | 15.43% | 15.23% | 15.77% | 15.54% | 15.19% | 13.57% | 13.57% | 14.17% | 13.58% |
Best Mortgage Brokers around Morrice, Michigan 48857
For those searching for a new home in Morrice, we have compiled a list of the top mortgage brokers located in and around Morrice, Michigan 48857 to assist you with your search.
Name
Address
Contact
Cornerstone Home Loans
2525 Jolly Rd
Okemos MI 48857
(517) 381-3450
http://www.cornerstonehomeloans.com
New Century Financial
4655 Dobie Rd
Okemos MI 48857
(517) 351-2820
Home Lending Source
5100 Marsh Rd
Okemos MI 48857
(517) 492-5770
Hantz Financial
4900 Montrose Ave
Okemos MI 48857
(517) 381-2381
http://www.hantzgroup.com
Top Flite Financial
4131 Okemos Rd
Okemos MI 48857
(517) 853-3200
http://www.topflitefinancial.com
Address
2525 Jolly Rd
Okemos MI
Contact
(517) 381-3450
http://www.cornerstonehomeloans.com
Address
4655 Dobie Rd
Okemos MI
Contact
(517) 351-2820
Address
5100 Marsh Rd
Okemos MI
Contact
(517) 492-5770