Mortgage Rates in Sterling Heights MI

Review the latest mortgage rates in Sterling Heights MI from regional mortgage lenders serving the area. The local mortgage lenders serving Sterling Heights and the surrounding communities offer a variety low rate and low cost home loans for new purchases and refinances. New home loan borrowers will find an assortment of fixed rate mortgages, adjustable rate mortgages, jumbo mortgages with fixed and adjustable rates, FHA mortgages with low down payments, VA loans, rural loans, and first time home buyer loans.

The 30 year fixed rate mortgage provides borrowers with the stability of being able to budget their finances. 30 year fixed rate home loans are one of the most widely used loans in Sterling Heights and throughout Eastern Michigan. When it comes to buying or refinancing a home, the low fixed rate 30 year loan is the choice for most new borrowers.

Compare 30 year mortgage rates and terms in Sterling Heights from a variety of local mortgage lenders from the list below to get the best mortgage loan at the lowest cost.

Mortgage Rates in Sterling Heights MI
Sterling Heights MI Mortgage Lender Mortgage Rate Points APR
Chemical Bank Mortgage Rates
chemicalbankmi.com
800-867-9757
3.625 0.500 3.702
Huntington Bank Mortgage Rates
huntington.com
866-917-4351
3.250 1.500 3.468
First Merit Mortgage Rates
firstmerit.com
800-562-6694
4.375 0.000 4.452
Wells Fargo Mortgage Rates
wellsfargo.com
877-937-9357
3.500 0.000 3.572
Citizens Bank Mortgage Rates
citizensbank.com
888-514-2300
3.625 0.000 3.668
Comerica Bank Mortgage Rates
comericamortgage.com
866-476-6520
3.610 0.000 3.659


Along with the 30 year fixed rate mortgages, the local Sterling Heights MI mortgage lenders offer several other loan options. Borrowers can select shorter term fixed rate mortgages that have lower costs, build equity faster and frequently have lower interest rates. 10, 15, and 20 year terms are available.

A number of adjustable rate mortgages in Sterling Heights can be obtained with 30 year terms and low monthly payments. The adjustable rate mortgages promoted by the local lenders are fixed for a period of time, providing a low monthly mortgage payment with some stability, and can adjust thereafter.

The FHA mortgages in the metropolitan region of Sterling Heights have low down payment requirements and less restrictive underwriting criteria. These loans are ideal for almost any borrower from first time home buyers to those stepping up to a new home or refinancing an existing loan.

The local mortgage lenders offering loans in Sterling Heights are a local resource that can assist applicants in determining which mortgage program will best fit their needs. These mortgage lenders are familiar with the Sterling Heights housing market and the local financing needs.

The mortgage rates listed for Sterling Heights and neighboring communities are subject to change. The local Sterling Heights mortgage rates and Annual Percentage Rates for individual loan requests may vary depending from the rates listed due to specific loan details, such as the points paid, loan amount, loan to value, the credit history and credit score of the borrower, property type, and occupancy.

The mortgage information posted is based on sources deemed reliable, but no warranty or guarantee is made as to its accuracy or completeness. Please contact the individual mortgage lenders to verify current loan rates in Sterling Heights and receive additional information on their mortgage requirements and conditions.

Competitive mortgage rates are available throughout the Sterling Heights area including the towns and cities surrounding surround. Consumers in the nearby communities of Berkley, Birmingham, Clawson, Eastpointe, Ferndale, Fraser, Hazel Park, Madison Heights, Mount Clemens, Troy, Rochester, Roseville, Royal Oak, and Warren, MI will find low rates with low costs from the mortgage lenders listed above.

It may surprise you to know that ATM machines were not popular when they first appeared. Consumers were wary of letting a machine handle their money, and they greatly preferred face-to-face interactions. But ATMs are much more profitable for banks as they don’t require paying a friendly smiling face to greet customers.
As the markets absorb the new Fed policy to buy long term bonds, referred to as operation Twist, certificate of deposit rates continue to press on to lower levels.  This week, CD interest rates reacted to the Fed’s desire to drive long term rates lower with CD rates experiencing yet another down week.  Unfortunately, it
When individuals wish to guarantee payment to someone they think of these three types of checks but often don’t know one from another. Let’s attempt to set them straight. A Certified Check is a type of check where the issuing bank guarantees the recipient of the check that there is enough cash available in the