Michigan Mortgage
Refinance
Mortgage Refinance and
Refinance Rates in
Michigan
Most mortgage experts will tell you that before making
your ultimate mortgage purchase decision, you should
compare offers from multiple lenders. It pays to compare
Michigan mortgage loans before you buy regardless of
what mortgage loan type you are looking for (ex. 2nd
mortgage, mortgage refinance, home equity loan, or
simply a mortgage loan to finance the purchase of your
new home). BillCut.com can help you find the best
Mortgages from across the state of Michigan including
Ann Arbor, Battle, Detroit, Lansing, Travers City and
all places in-between.
About the Michigan Housing Market
In 2002, there were an estimated 4.3 Million housing
units in Michigan, 3.85 million of which were occupied.
Michigan ranked 4th in the country for the number of
units, 74%, which were owner-occupied in 2002. About
70.4% of all units were single-family, detached homes.
The average household size was 2.55 people. (continued
below)
To find the best Michigan Mortgages, simply select your
residential mortgage loan type (upper left) to begin the
process of having leading mortgage lenders compete for
your business. You will receive as many as 5 free
Michigan mortgage loan quotes from leading lenders,
brokers and national mortgage companies serving your
area. It's easy!
In 2002, nearly 50,000 privately owned units were
authorized for construction in Michigan. The median home
value was $133,270. The median monthly cost for mortgage
owners was $1,085. Renters paid a median of $585 per
month. During 2002, Michigan received over $244.6
million in community planning and development aid from
the US Department of Housing and Urban Development. A
limited amount of state aid for low-income housing is
available through the State Housing Development
Authority. |
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