Compare Today’s Mortgage Rates in Walled Lake, Michigan 48390
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in Walled Lake, Michigan 48390.
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 $10,752 over the lifetime of your 30-year fixed loan, or a monthly savings of $30 in Walled Lake and other areas of Oakland county. Pureloan is designed to help you find the right mortgage for your financial situation with the most competitive rates available.
42.550384
-83.479623
20645
Summary of Average Mortgages in Walled Lake, Michigan 48390
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Walled Lake, Michigan 48390
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Walled Lake, Michigan 48390
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Walled Lake, MI 48390. 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 Walled Lake, Michigan 48390 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Walled Lake, Michigan and around Oakland 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 | 93.18% | 91.38% | 88.96% | 81.50% | 86.83% | 80.13% | 77.71% | 77.40% | 78.19% |
avg mortgage rate | 6.81% | 4.85% | 3.21% | 3.45% | 4.51% | 4.77% | 4.23% | 3.95% | 4.14% |
% 15 year fixed mortgage | 5.30% | 5.81% | 9.82% | 15.18% | 8.33% | 15.71% | 16.88% | 18.49% | 17.11% |
avg mortgage rate | 6.10% | 4.06% | 2.63% | 2.90% | 3.83% | 4.20% | 3.41% | 3.10% | 3.32% |
Avg credit score | 738.14 | 744.83 | 746.40 | 748.73 | 748.99 | 752.39 | 750.95 | 751.26 | 754.98 |
Avg LTV (loan to value) | 84.17% | 84.73% | 83.90% | 83.60% | 83.35% | 81.23% | 81.23% | 81.89% | 81.74% |
Avg DTI (debt to income) | 36.02 | 36.32 | 32.86 | 33.23 | 33.58 | 32.55 | 32.37 | 31.62 | 31.69 |
% First time homebuyer | 31.06% | 35.07% | 30.98% | 25.78% | 25.00% | 21.79% | 16.56% | 26.37% | 13.09% |
Avg mortgage insurance % | 14.91% | 14.94% | 13.18% | 12.56% | 11.50% | 10.88% | 10.18% | 10.34% | 9.53% |
Best Mortgage Brokers around Walled Lake, Michigan 48390
For those searching for a new home in Walled Lake, we have compiled a list of the top mortgage brokers located in and around Walled Lake, Michigan 48390 to assist you with your search.
Name
Address
Contact
Loans Empire
436 Boardwalk Dr
Walled Lake MI 48390
(248) 313-9658
Raintree Energy
500 N Pontiac Trl
Walled Lake MI 48390
(248) 960-9400
http://premierbranch.com
First Credit Funding
39500 W 14 Mile Rd
Commerce Township MI 48390
(248) 366-9109
Rodsville USA
3174 Martin Rd
Commerce Township MI 48390
(248) 632-6421
American Home Loans
1111 W Oakley Park Rd
Commerce Township MI 48390
(248) 668-1182
http://www.americanhm.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
39500 W 14 Mile Rd
Commerce Township MI
Contact
(248) 366-9109