Compare Today’s Mortgage Rates in White Lake, Michigan 48383
Pureloan is a mortgage search engine that finds the best mortgage rates from top mortgage lenders and major banks in White Lake, Michigan 48383.
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 $5,085 over the lifetime of your 30-year fixed loan, or a monthly savings of $14 in White 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.
42.658004
-83.539838
20642
Summary of Average Mortgages in White Lake, Michigan 48383
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in White Lake, Michigan 48383
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for White Lake, Michigan 48383
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in White Lake, MI 48383. 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 White Lake, Michigan 48383 from 2024 - 2016
We have compiled mortgage rates charts for home loans in White 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 White Lake, Michigan 48383
For those searching for a new home in White Lake, we have compiled a list of the top mortgage brokers located in and around White Lake, Michigan 48383 to assist you with your search.
Name
Address
Contact
Hilton Mortgage
197 Summit View Ct
White Lake MI 48383
(248) 625-5535
Mortgage Lending Experts
307 Union Lake Rd
White Lake MI 48383
(248) 779-7765
Churchill Mortgage
8992 Haymarket St
White Lake MI 48383
(248) 698-9378
info@churchillmortage.com
Concept Financial
1945 Applebrook Dr
Commerce Township MI 48383
(248) 926-6980
Wells Fargo Home Mortgage
400 N Main St
Milford MI 48383
(248) 684-1720
http://www.wellsfargo.com/mortgage/
Address
197 Summit View Ct
White Lake MI
Contact
(248) 625-5535
Address
307 Union Lake Rd
White Lake MI
Contact
(248) 779-7765
Address
8992 Haymarket St
White Lake MI
Contact
(248) 698-9378
info@churchillmortage.com