Compare Today’s Refinance Rates for Sterling Heights, Michigan

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Sterling Heights, Michigan 48313. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Sterling Heights and other areas of Macomb county, expected lifetime cash savings are $3,196 or $9 / month.

For Sterling Heights, Michigan 48313, Pureloan’s search engine analyzes all refi loan options including positive equity refinancing, short home refinancing, and HELOC.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Sterling Heights, Michigan 48313

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Sterling Heights, MI

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Sterling Heights, MI 48313, 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 Sterling Heights, MI

Refinance Rates for Sterling Heights, Michigan 48313 from 2013 - 2020

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

2013 2014 2015 2016 2017 2018 2019 2020
% 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 Sterling Heights, Michigan 48313

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Sterling Heights, Michigan 48313, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Lisa Doherty

Loan Officer

44444 Mound Rd.Suite 500

Sterling Heights, MI 48313

(586) 243-7716

ldoherty@huronvalleyfinancial.com

Dennis Bobby

Loan Officer

44444 Mound Rd.Suite 500

Sterling Heights, MI 48313

(586) 803-4151

dbobby@huronvalleyfinancial.com

Shari Cheick

Mortgage Banker

39900 Van Dyke

Sterling Heights, MI 48313

(58) 620-6318

shari.cheick@chase.com

Tracy ONeill

Mortgage Loan Originator

13900 Lakeside Circle, Ste. 201

Sterling Heights, MI 48313

(734) 422-5200

tracyo@glmf.com

Tracy Collins

Mortgage Loan Originator

13900 Lakeside Circle, Ste. 201

Sterling Heights, MI 48313

(58) 648-5577

tracy@glmf.com

Address

44444 Mound Rd.Suite 500

Sterling Heights, MI

Contact

(586) 243-7716

Fax (301) 639-0804

ldoherty@huronvalleyfinancial.com

Address

44444 Mound Rd.Suite 500

Sterling Heights, MI

Contact

(586) 803-4151

Fax (301) 639-0804

dbobby@huronvalleyfinancial.com

Address

39900 Van Dyke

Sterling Heights, MI

Contact

(58) 620-6318

Fax (301) 639-0804

shari.cheick@chase.com

Refinancing News for Sterling Heights, Michigan 48313