Compare Today’s Mortgage Rates in Portage, Michigan 49081
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Portage, Michigan 49081.
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 Portage, Michigan 49081. For a 30-year fixed loan, our calculations show that you can expect to save up to $8,848 over the lifetime of your mortgage, which translates to a monthly savings of $25 in Portage and other areas of Kalamazoo county.
42.2294
-85.6269
21034
Summary of Average Mortgages in Portage, Michigan 49081
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Portage, Michigan 49081
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Portage, Michigan 49081
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Portage, MI 49081. 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 Portage, Michigan 49081 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Portage, Michigan and around Kalamazoo 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 | 93.40% | 92.48% | 91.13% | 90.41% | 89.65% | 86.86% | 86.35% | 83.37% | 82.01% |
avg mortgage rate | 6.60% | 4.75% | 3.12% | 3.43% | 4.46% | 4.67% | 4.17% | 3.89% | 4.08% |
% 15 year fixed mortgage | 5.88% | 5.79% | 6.96% | 7.13% | 7.83% | 10.10% | 11.02% | 12.98% | 14.37% |
avg mortgage rate | 6.08% | 3.76% | 2.42% | 2.96% | 3.76% | 4.01% | 3.34% | 3.06% | 3.24% |
Avg credit score | 763.63 | 747.23 | 754.02 | 753.85 | 752.04 | 754.54 | 751.54 | 746.78 | 753.52 |
Avg LTV (loan to value) | 84.76% | 84.89% | 84.93% | 85.02% | 84.16% | 82.72% | 83.09% | 83.49% | 82.35% |
Avg DTI (debt to income) | 36.51 | 35.25 | 33.30 | 33.28 | 33.73 | 33.36 | 32.98 | 32.61 | 31.94 |
% First time homebuyer | 45.28% | 40.64% | 36.82% | 34.18% | 35.62% | 26.60% | 25.89% | 25.09% | 24.96% |
Avg mortgage insurance % | 15.61% | 15.43% | 15.22% | 15.06% | 14.42% | 12.32% | 12.81% | 12.83% | 11.66% |
Best Mortgage Brokers around Portage, Michigan 49081
For those searching for a new home in Portage, we have compiled a list of the top mortgage brokers located in and around Portage, Michigan 49081 to assist you with your search.
Name
Address
Contact
Seed and Harvest Ministry
4720 Norfolk Cir
Portage MI 49081
(269) 377-4349
tony@seedandharvest.biz
Priority Mortgage
724 W Centre Ave
Portage MI 49081
(269) 321-5110
Arcadia Bidco
7950 Moorsbridge Rd
Portage MI 49081
(269) 324-4880
ewright@treystar.com
Southwest Michigan Title Agency
414 W Milham Ave
Portage MI 49081
(269) 567-3279
Benchmark Home Loans
626 Romence Rd
Portage MI 49081
(269) 327-8188
Address
4720 Norfolk Cir
Portage MI
Contact
(269) 377-4349
tony@seedandharvest.biz
Address
724 W Centre Ave
Portage MI
Contact
(269) 321-5110
Address
7950 Moorsbridge Rd
Portage MI
Contact
(269) 324-4880
ewright@treystar.com