Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
33,878
# of User Comments
Market Data Center » Michigan Mortgage Rates
National Average Mortgage Rates
  Rate Points Change
30 Yr. Fixed 4.31% 0.40 -0.10%
15 Yr. Fixed 3.76% 0.40 -0.07%
1 Yr. ARM 2.68% 0.20 0.01%
5/1 Yr. ARM 3.84% 0.30 -0.03%
Michigan Housing Statistics
Index Value MOM Change YOY Change
Home Value Index $99300 -0.4% -9.29%
Median Value per sq. ft. ($) $70 -1.41% -14.63%
Home For Sale 133427 2.18% 20.56%
Median List Price ($) $119900 -0.08% -4.08%
Median List Price per sq. ft. ($) $84 -0.75% -7.71%
Median Sale Price ($) $115000 -1.46% -10.86%
Median Sale Price per sq. ft. ($) $77 -0.76% -12.27%
Listings with Price Cut (%) 22.93% -2.24% -14.57%
Median Price Cut (%) 10.34% 0.29% -3.59%
Sold for loss(%) 25.89% 1.66% 4.32%
Median Days Listed 123 10.81% -0.81%
Homes Foreclosed (%) --- --- ---
Foreclosure Re-Sales (%) --- --- ---
Latest Rate Commentary
Michigan  
Sr. Loan Officer, American Portfolio Mortgage Corporation
VP of Mortgage Lending - NMLS #163813
Mortgage Consultant, Treadstone Funding
, mikepaige
Originator / LO, Victory Home Loans
Mortgage Loan Originator, AAA Banking/Auto Club Trust, FSB
Regional Vice President- Internet Lending, Northpointe Bank
Mortgage Loan Officer, Bank of Ann Arbor
Mortgage Banker, Level One Bank
Founder, Lender Insider
Sr Loan Officer, American Portfolio Mortgage Corporation
Mortgage Loan Originator, CoVantage Credit Union
View More  | 
 

More From MND

Mortgage Rates:
  • 30 Yr FRM 4.40%
  • |
  • 15 Yr FRM 3.98%
  • |
  • Jumbo 30 Year Fixed 4.20%
MBS Prices:
  • 30YR FNMA 4.5 103-26 (0-01)
  • |
  • 30YR FNMA 5.0 105-03 (0-02)
  • |
  • 30YR FNMA 5.5 106-11 (0-03)
Recent Housing Data:
  • Mortgage Apps -2.47%
  • |
  • Refinance Index -2.02%
  • |
  • Purchase Index -2.63%