Compare Today’s Mortgage Rates for Walled Lake, Michigan

Pureloan searches mortgage lenders and major banks in Walled Lake, Michigan 48391 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $20,952 or $58 / month is expected in Walled Lake and other areas of Oakland county.

Pureloan’s search engine explores all home mortgage options in Walled Lake, Michigan 48391, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

42.550384 -83.479623

Summary of Average Mortgage Terms in Walled Lake, Michigan 48391

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Walled Lake, MI

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Walled Lake, MI 48391, 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 Walled Lake, MI

Historical Mortgage Rates for Walled Lake, Michigan 48391 from 2014 - 2021

We have compiled mortgage rate charts for home loans in Walled Lake, Michigan and around Oakland 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 86.08% 83.00% 84.38% 87.84% 89.13% 89.26% 89.76% 88.17%
avg mortgage rate 5.07% 4.79% 3.97% 4.11% 4.54% 4.23% 4.02% 4.23%
% 15 year fixed mortgage 12.03% 13.88% 12.88% 10.70% 9.53% 9.05% 8.54% 10.47%
avg mortgage rate 4.43% 4.06% 3.29% 3.31% 3.58% 3.37% 3.18% 3.40%
Avg credit score 761.24 764.56 762.02 757.46 752.75 749.21 747.88 746.47
Avg LTV (loan to value) 76.88% 78.57% 81.21% 82.38% 83.35% 83.55% 83.55% 82.93%
Avg DTI (debt to income) 32.42 31.68 31.69 32.19 33.12 33.15 33.88 34.39
% First time homebuyer 33.89% 30.18% 28.28% 35.82% 41.22% 40.53% 41.02% 39.25%
Avg mortgage insurance % 4.08% 5.63% 9.53% 10.97% 13.12% 13.43% 13.38% 12.57%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Walled Lake, Michigan 48391

If you’re looking to buy a new home in Walled Lake, we have compiled a list of the leading mortgage brokers around Walled Lake, Michigan 48391 to help you with your search.

Name
Address
Contact

Loans Empire

436 Boardwalk Dr

Walled Lake MI 48391

(248) 313-9658

Raintree Energy

500 N Pontiac Trl

Walled Lake MI 48391

(248) 960-9400

http://premierbranch.com

Wixom Gold Star Mortgage

29670 S Wixom Rd

Wixom MI 48391

(248) 960-5616

http://www.cctfinancial.com

First Commerce Financial

28345 Beck Rd

Wixom MI 48391

(248) 912-1000

http://www.firstcommercefinancial.com/

Global Mortgage Group

28345 Beck Rd

Wixom MI 48391

(248) 869-0020

http://www.globalmortgages.com/

Address

436 Boardwalk Dr

Walled Lake MI

Contact

(248) 313-9658

Address

500 N Pontiac Trl

Walled Lake MI

Contact

(248) 960-9400

http://premierbranch.com

Address

29670 S Wixom Rd

Wixom MI

Contact

(248) 960-5616

http://www.cctfinancial.com

News on Mortgages and Reverse Mortgages for Walled Lake, Michigan 48391