Compare Today’s Refinance Rates for Ann Arbor, Michigan

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Ann Arbor, Michigan 48103. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Ann Arbor and surrounding areas of Washtenaw county, your expected lifetime cash savings are $30,175 or $84 / month.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Ann Arbor, Michigan 48103.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

42.279379 -83.783998

Summary of Average Refinance Terms in Ann Arbor, Michigan 48103

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Ann Arbor, MI

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Ann Arbor, MI 48103, Pureloan has created an interactive chart to track the 5 largest local lenders for refi's and cash-out's. Historical rates are based on closed refinancings, and projections are based on proprietary modeling.

Local Refinance Rates for Ann Arbor, MI

Refinance Rates for Ann Arbor, Michigan 48103 from 2014 - 2021

Below are historical data on refinancing in Ann Arbor, Michigan and around Washtenaw county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2014 2015 2016 2017 2018 2019 2020 2021
% 30 year fixed refinance 45.00% 33.75% 41.13% 43.64% 51.50% 54.98% 52.82% 53.25%
avg refi rate 4.89% 4.61% 3.95% 3.81% 4.57% 4.17% 3.96% 4.02%
% 15 year fixed refinance 42.95% 43.96% 42.24% 43.29% 36.70% 31.70% 33.85% 35.34%
avg refi rate 4.26% 3.87% 3.27% 3.05% 3.62% 3.38% 3.19% 3.26%
Avg credit score 775.41 773.05 772.99 767.37 753.38 754.28 751.83 748.68
Avg LTV (loan to value) 65.48% 67.06% 68.25% 68.15% 72.25% 72.61% 71.50% 69.51%
Avg DTI (debt to income) 29.73 29.11 29.33 29.63 31.68 31.66 32.29 33.35
Avg refinance insurance % 0.86% 0.94% 1.87% 2.20% 4.51% 4.80% 4.13% 3.63%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Ann Arbor, Michigan 48103

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Ann Arbor, Michigan 48103, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Steve Scott

Loan Officer

2395 Oak Valley Dr., Ste. 200

Ann Arbor, MI 48103

(734) 634-6069

sscott@huronvalleyfinancial.com

Ron Odenwald

Loan Officer

2395 Oak Valley Dr., Ste. 200

Ann Arbor, MI 48103

(734) 669-4284

rodenwald@huronvalleyfinancial.com

Joan Hillman

Loan Officer

2395 Oak Valley Dr., Ste. 200

Ann Arbor, MI 48103

(843) 227-2433

jhillman@huronvalleyfinancial.com

Paul Herndon

Loan Officer

2395 Oak Valley Dr., Ste. 200

Ann Arbor, MI 48103

(734) 994-5290

pherndon@huronvalleyfinancial.com

Mike Gruley

Loan Officer

2395 Oak Valley Dr., Ste. 200

Ann Arbor, MI 48103

(800) 720-7003

mgruley@huronvalleyfinancial.com

Address

2395 Oak Valley Dr., Ste. 200

Ann Arbor, MI

Contact

(734) 634-6069

Fax (301) 639-0804

sscott@huronvalleyfinancial.com

Address

2395 Oak Valley Dr., Ste. 200

Ann Arbor, MI

Contact

(734) 669-4284

Fax (301) 639-0804

rodenwald@huronvalleyfinancial.com

Address

2395 Oak Valley Dr., Ste. 200

Ann Arbor, MI

Contact

(843) 227-2433

Fax (301) 639-0804

jhillman@huronvalleyfinancial.com

Refinancing News for Ann Arbor, Michigan 48103