Compare Today’s Refinance Rates for De Tour Village, Michigan 49725
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in De Tour Village, Michigan 49725.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $8,565 over the lifetime of your mortgage, which translates to a monthly savings of $24 in De Tour Village and other areas of Chippewa county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in De Tour Village, Michigan 49725
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Interactive Refinance Rate Projections for De Tour Village, Michigan 49725
Pureloan has developed an interactive chart to monitor the five largest local lenders in De Tour Village, MI 49725, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.
Historical Refinance Rates in De Tour Village, Michigan 49725 from 2024 - 2016
The following historical data provides insights into refinancing trends in De Tour Village, Michigan and the surrounding Chippewa county, based on factors such as loan type, credit score, LTV, and other parameters. This data is derived from actual closed home refinancings.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| % 30 year fixed refinance | 87.50% | 47.41% | 44.03% | 44.26% | 62.44% | 51.88% | 50.23% | 46.45% | 51.87% |
| avg refi rate | 6.44% | 3.75% | 3.00% | 3.26% | 4.32% | 4.58% | 4.08% | 3.92% | 4.08% |
| % 15 year fixed refinance | 12.50% | 40.09% | 37.96% | 40.50% | 27.92% | 32.33% | 38.50% | 38.06% | 39.18% |
| avg refi rate | 5.81% | 2.82% | 2.45% | 2.62% | 3.55% | 3.88% | 3.36% | 3.10% | 3.22% |
| Avg credit score | 741.19 | 747.88 | 755.90 | 763.31 | 755.71 | 752.35 | 751.25 | 753.57 | 756.56 |
| Avg LTV (loan to value) | 61.94% | 54.02% | 61.05% | 64.61% | 68.14% | 63.70% | 68.88% | 68.40% | 69.57% |
| Avg DTI (debt to income) | 33.81 | 33.55 | 32.33 | 31.47 | 33.31 | 33.23 | 32.23 | 32.05 | 31.78 |
| Avg refinance insurance % | 3.88% | 0.71% | 1.79% | 2.05% | 2.96% | 2.55% | 2.85% | 3.89% | 3.50% |
Best Refinance Brokers around De Tour Village, Michigan 49725
If you are considering refinancing your mortgage or obtaining a cash-out refinance in De Tour Village, Michigan 49725, we have compiled a list of top refinance brokers to assist you in the process.
Brian Hervey
Loan Originator
138 N. Otsego
Gaylord, MI 49725
(231) 218-0407
bhervey@amerifirst.com
Penny Shumaker
Mortgage Lenders
1000 Wisconsin Avenue
Gaylord, MI 49725
(989) 786-9114
penny@first-federal.com
Carin Andersson
Branch Manager
11501 N. Straits Hwy., PO Box 344
Cheboygan, MI 49725
(231) 627-5000
candersson@amerifirst.com
Marlene K Curtis
Sr. Loan Originator
11501 N. Straits Highway, PO Box 344
Cheboygan, MI 49725
(269) 324-4120 Ext. 10335
mcurtis@amerifirst.com
Sherry A Duntley
Loan Originator
11501 N. Straits Highway, PO Box 344
Cheboygan, MI 49725
(231) 620-6207
sduntley@amerifirst.com
Address
138 N. Otsego
Gaylord, MI
Contact
(231) 218-0407
Fax (301) 639-0804
bhervey@amerifirst.com
Address
1000 Wisconsin Avenue
Gaylord, MI
Contact
(989) 786-9114
Fax (301) 639-0804
penny@first-federal.com
Address
11501 N. Straits Hwy., PO Box 344
Cheboygan, MI
Contact
(231) 627-5000
Fax (301) 639-0804
candersson@amerifirst.com