Compare Today’s Mortgage Rates for Portage, Michigan

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Portage, Michigan 49002. 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 $14,058 or $39 / month in Portage and surrounding areas of Kalamazoo 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 Portage, Michigan 49002.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

42.207482 -85.595691

Summary of Average Mortgage Terms in Portage, Michigan 49002

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Portage, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Portage, MI 49002, 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.

Local Mortgage Rates for Portage, MI

Historical Mortgage Rates for Portage, Michigan 49002 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Portage, Michigan and around Kalamazoo 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 81.91% 77.75% 76.36% 78.51% 83.42% 82.95% 83.89% 84.30%
avg mortgage rate 4.88% 4.67% 3.91% 4.00% 4.43% 4.09% 3.89% 4.11%
% 15 year fixed mortgage 13.07% 17.16% 17.73% 17.56% 13.48% 13.35% 12.68% 12.45%
avg mortgage rate 4.29% 3.86% 3.13% 3.22% 3.49% 3.23% 3.07% 3.32%
Avg credit score 765.70 760.39 762.48 758.51 754.58 754.10 746.51 749.94
Avg LTV (loan to value) 77.27% 78.81% 80.10% 81.43% 82.46% 82.09% 83.18% 83.26%
Avg DTI (debt to income) 30.51 30.30 30.37 30.49 31.59 31.94 32.58 32.59
% First time homebuyer 24.15% 20.78% 19.90% 26.25% 25.23% 23.80% 24.77% 27.08%
Avg mortgage insurance % 4.47% 6.92% 7.78% 9.47% 12.01% 11.43% 12.51% 12.29%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Portage, Michigan 49002

If you’re looking to buy a new home in Portage, we have compiled a list of the leading mortgage brokers around Portage, Michigan 49002 to help you with your search.

Name
Address
Contact

Seed and Harvest Ministry

4720 Norfolk Cir

Portage MI 49002

(269) 377-4349

tony@seedandharvest.biz

Priority Mortgage

724 W Centre Ave

Portage MI 49002

(269) 321-5110

Arcadia Bidco

7950 Moorsbridge Rd

Portage MI 49002

(269) 324-4880

ewright@treystar.com

Southwest Michigan Title Agency

414 W Milham Ave

Portage MI 49002

(269) 567-3279

Benchmark Home Loans

626 Romence Rd

Portage MI 49002

(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

News on Mortgages and Reverse Mortgages for Portage, Michigan 49002