BATTLE CREEK Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Battle Creek averaged
6.75%
for the week of 2023-06-01, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2023-05-25) was
6.53% and
one month ago for the week of 2023-04-27, the
average rate was 6.69%.
Battle Creek's average rate one year ago was 5.36%.
For refis of the same type during the week of 2023-06-01, the average rate
was 5.92%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-06-01 | 6.79% |
| Battle Creek 30 Year Fixed Rate | 2023-06-01 | 6.75% |
| Battle Creek 30 Year Fixed Rate Refi | 2023-06-01 | 5.92% |
| Battle Creek 15 Year Fixed Rate | 2023-06-01 | 6.12% |
| Battle Creek 15 Year Fixed Rate Refi | 2023-06-01 | 6.18% |
| Battle Creek 30 Year FHA | 2023-06-01 | -0.41% |
| Battle Creek 30 Year FHA Refi | 2023-06-01 | 0.2% |
| Battle Creek 30 Year USDA | 2023-06-01 | -0.2% |
| Battle Creek 30 Year USDA Refi | 2023-06-01 | 0.2% |
| Battle Creek 30 Year VA | 2023-06-01 | -0.16% |
| Battle Creek 30 Year VA Refi | 2023-06-01 | -0.2% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BATTLE CREEK, MI.
BATTLE CREEK Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the BATTLE CREEK, MI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
BATTLE CREEK Average Closing Costs & Other Stats
BATTLE CREEK, MI's 132 lenders originated 3,558
loans during 2022. The total origination value was $539,760,000, with an average loan value of
$151,703.
BATTLE CREEK's average closing costs are $3,732.
The top BATTLE CREEK lender as defined by loan originations is Kellogg Community Credit Union, with
134 loans originated. Their average total fees are
$2,360, which is $3,216
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee BATTLE CREEK lenders (with over 10 loans originated) are
CHERRY CREEK MORTGAGE, LLC ($564), MARSHALL COMMUNITY CREDIT UNION ($2,192), Honor Credit Union ($2,355), Kellogg Community Credit Union ($2,360) and FIRST CHOICE MH LLC ($2,549).
The lowest rate BATTLE CREEK lenders (with over 10 loans originated) are
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION (4.63%), JPMorgan Chase Bank (4.66%), County National Bank (4.70%), LAKE MICHIGAN CREDIT UNION (4.74%) and Neighborhood Loans, Inc. (4.76%).
BATTLE CREEK, MI Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $71,790,000 | $40,405,000 | -43.7% | 7.5% |
| Kellogg Community Credit Union | $56,850,000 | $36,870,000 | -35.1% | 6.8% |
| MARSHALL COMMUNITY CREDIT UNION | $58,440,000 | $34,930,000 | -40.2% | 6.5% |
| AMERIFIRST FINANCIAL CORPORATION | $39,005,000 | $28,125,000 | -27.9% | 5.2% |
| Fifth Third Bank | $31,700,000 | $20,965,000 | -33.9% | 3.9% |
| The Huntington National Bank | $13,865,000 | $19,655,000 | 41.8% | 3.6% |
| Sturgis Bank & Trust Company | $460,000 | $15,085,000 | 3,179.3% | 2.8% |
| MORTGAGE CENTER L.C | $14,060,000 | $14,410,000 | 2.5% | 2.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $22,555,000 | $13,610,000 | -39.7% | 2.5% |
| CONSUMERS | $14,285,000 | $13,345,000 | -6.6% | 2.5% |
| OAK MORTGAGE, LLC | $8,920,000 | $12,530,000 | 40.5% | 2.3% |
| Mortgage Research Center, LLC | $14,585,000 | $12,255,000 | -16.0% | 2.3% |
| Arbor Realty Trust, Inc. | $11,255,000 | n/a | 2.1% | |
| OMNI Community Credit Union | $15,535,000 | $10,230,000 | -34.1% | 1.9% |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $6,100,000 | $8,715,000 | 42.9% | 1.6% |
| Wintrust Bank, N.A. | $8,005,000 | $8,305,000 | 3.7% | 1.5% |
| UNION HOME MORTGAGE CORP. | $16,270,000 | $8,290,000 | -49.0% | 1.5% |
| Neighborhood Loans, Inc. | $9,170,000 | $8,270,000 | -9.8% | 1.5% |
| ADVIA | $4,770,000 | $7,510,000 | 57.4% | 1.4% |
| Flagstar Bank, FSB | $14,315,000 | $7,435,000 | -48.1% | 1.4% |
| Honor Credit Union | $17,510,000 | $7,425,000 | -57.6% | 1.4% |
| Southern Michigan Bank & Trust | $13,005,000 | $7,020,000 | -46.0% | 1.3% |
| Comerica Bank | $4,775,000 | $6,520,000 | 36.5% | 1.2% |
| Independent Bank | $5,990,000 | $6,335,000 | 5.8% | 1.2% |
| LAKE MICHIGAN CREDIT UNION | $10,210,000 | $6,305,000 | -38.2% | 1.2% |
| Capital One | $14,565,000 | $6,135,000 | -57.9% | 1.1% |
| CHERRY CREEK MORTGAGE, LLC | $5,845,000 | $5,520,000 | -5.6% | 1.0% |
| GVC MORTGAGE, INC. | $1,870,000 | $5,130,000 | 174.3% | 1.0% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $5,200,000 | $4,740,000 | -8.8% | 0.9% |
| Mr. Cooper ( Nationstar Mortgage ) | $6,575,000 | $4,380,000 | -33.4% | 0.8% |
| Homestead Savings Bank | $7,645,000 | $4,315,000 | -43.6% | 0.8% |
| CONTOUR MORTGAGE CORPORATION | $780,000 | $4,200,000 | 438.5% | 0.8% |
| GUARANTEED RATE, INC. | $6,515,000 | $4,110,000 | -36.9% | 0.8% |
| FREEDOM MORTGAGE CORPORATION | $12,800,000 | $3,680,000 | -71.3% | 0.7% |
| Highpoint Community Bank | $2,055,000 | $3,580,000 | 74.2% | 0.7% |
| ARBOR FINANCIAL CREDIT UNION | $4,115,000 | $3,575,000 | -13.1% | 0.7% |
| LOANDEPOT.COM, LLC | $7,100,000 | $3,330,000 | -53.1% | 0.6% |
| GreenStone Farm Credit Services, FLCA | $6,950,000 | $3,195,000 | -54.0% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $3,075,000 | $3,180,000 | 3.4% | 0.6% |
| CASE | $55,000 | $3,125,000 | 5,581.8% | 0.6% |
| County National Bank | $1,665,000 | $3,075,000 | 84.7% | 0.6% |
| FIRST CHOICE MH LLC | $1,120,000 | $2,855,000 | 154.9% | 0.5% |
| PNC Bank | $5,085,000 | $2,825,000 | -44.4% | 0.5% |
| SUCCESS MORTGAGE PARTNERS, INC. | $8,450,000 | $2,780,000 | -67.1% | 0.5% |
| The Dart Bank | $3,255,000 | $2,695,000 | -17.2% | 0.5% |
| RUOFF MORTGAGE COMPANY, INC. | $4,225,000 | $2,685,000 | -36.4% | 0.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $1,180,000 | $2,655,000 | 125.0% | 0.5% |
| Wells Fargo Bank | $6,320,000 | $2,625,000 | -58.5% | 0.5% |
| JPMorgan Chase Bank | $2,445,000 | $2,570,000 | 5.1% | 0.5% |
| USAA Federal Savings Bank | $3,100,000 | $2,485,000 | -19.8% | 0.5% |
| Old National Bank | $7,940,000 | $2,430,000 | -69.4% | 0.5% |
| MORTGAGE 1 INCORPORATED | $4,005,000 | $2,240,000 | -44.1% | 0.4% |
| Eaton Community Bank | $940,000 | $2,195,000 | 133.5% | 0.4% |
| MEMBER FIRST MORTGAGE, LLC | $2,370,000 | $2,165,000 | -8.6% | 0.4% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $1,770,000 | $2,110,000 | 19.2% | 0.4% |
| SUMMIT HOME MORTGAGE, LLC | $5,635,000 | $2,005,000 | -64.4% | 0.4% |
| NEWREZ LLC | $4,775,000 | $1,980,000 | -58.5% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $4,740,000 | $1,915,000 | -59.6% | 0.4% |
| Northpointe Bank | $1,810,000 | $1,895,000 | 4.7% | 0.4% |
| BROKER SOLUTIONS, INC. | $3,485,000 | $1,750,000 | -49.8% | 0.3% |
| Horizon Bank | $1,320,000 | $1,735,000 | 31.4% | 0.3% |
| EVERETT FINANCIAL, INC. | $105,000 | $1,715,000 | 1,533.3% | 0.3% |
| LAFCU | $100,000 | $1,705,000 | 1,605.0% | 0.3% |
| ORIX REAL ESTATE CAPITAL, LLC | $1,615,000 | n/a | 0.3% | |
| CALIBER HOME LOANS, INC. | $4,960,000 | $1,590,000 | -67.9% | 0.3% |
| Consumers Professional Credit Union | $1,365,000 | n/a | 0.3% | |
| NEW DAY FINANCIAL, LLC | $2,050,000 | $1,290,000 | -37.1% | 0.2% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,555,000 | $1,265,000 | -18.6% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $2,400,000 | $1,265,000 | -47.3% | 0.2% |
| INLANTA MORTGAGE, INC. | $1,760,000 | $1,195,000 | -32.1% | 0.2% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $1,085,000 | n/a | 0.2% | |
| KALSEE CREDIT UNION | $2,490,000 | $1,070,000 | -57.0% | 0.2% |
| First Merchants Bank | $1,035,000 | n/a | 0.2% | |
| PENNYMAC LOAN SERVICES, LLC | $4,785,000 | $1,030,000 | -78.5% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $1,205,000 | $1,025,000 | -14.9% | 0.2% |
| HOME POINT FINANCIAL CORPORATION | $2,195,000 | $995,000 | -54.7% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $765,000 | $950,000 | 24.2% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $1,390,000 | $945,000 | -32.0% | 0.2% |
| NORTHERN MORTGAGE SERVICES, LLC | $1,565,000 | $930,000 | -40.6% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $65,000 | $860,000 | 1,223.1% | 0.2% |
| VAN DYK MORTGAGE CORPORATION | $1,215,000 | $860,000 | -29.2% | 0.2% |
| MICHIGAN MUTUAL, INC. | $1,515,000 | $850,000 | -43.9% | 0.2% |
| CMG MORTGAGE, INC. | $195,000 | $845,000 | 333.3% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $3,060,000 | $820,000 | -73.2% | 0.2% |
| Union Bank | $765,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $650,000 | $735,000 | 13.1% | 0.1% |
| Mercantile Bank of Michigan | $2,550,000 | $730,000 | -71.4% | 0.1% |
| Bank of America | $1,700,000 | $720,000 | -57.6% | 0.1% |
| ALLIED MORTGAGE GROUP, INC. | $710,000 | n/a | 0.1% | |
| Citizens Bank | $860,000 | $705,000 | -18.0% | 0.1% |
| FLAT BRANCH MORTGAGE, INC. | $645,000 | n/a | 0.1% | |
| TRIAD FINANCIAL SERVICES, INC. | $690,000 | $640,000 | -7.2% | 0.1% |
| Carrington Mortgage Services, LLC | $2,010,000 | $635,000 | -68.4% | 0.1% |
| PURDUE FEDERAL CREDIT UNION | $165,000 | $630,000 | 281.8% | 0.1% |
| UNIVERSITY LENDING GROUP, LLC | $145,000 | $600,000 | 313.8% | 0.1% |
| The Federal Savings Bank | $465,000 | $590,000 | 26.9% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $660,000 | $565,000 | -14.4% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $695,000 | $555,000 | -20.1% | 0.1% |
| 21ST MORTGAGE CORPORATION | $2,030,000 | $550,000 | -72.9% | 0.1% |
| GREENSTATE CREDIT UNION | $535,000 | n/a | 0.1% | |
| Wyndham Capital Mortgage, Inc. | $320,000 | $520,000 | 62.5% | 0.1% |
| Plains Commerce Bank | $515,000 | n/a | 0.1% | |
| SPRING EQ, LLC | $25,000 | $505,000 | 1,920.0% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $950,000 | $470,000 | -50.5% | 0.1% |
| Nations Lending Corporation | $570,000 | $465,000 | -18.4% | 0.1% |
| First Guaranty Mortgage Corporation | $700,000 | $440,000 | -37.1% | 0.1% |
| HALLMARK HOME MORTGAGE, LLC | $440,000 | n/a | 0.1% | |
| United Bay Community Credit Union | $255,000 | $440,000 | 72.5% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $340,000 | $415,000 | 22.1% | 0.1% |
| PLANET HOME LENDING, LLC | $535,000 | $410,000 | -23.4% | 0.1% |
| The State Bank | $410,000 | n/a | 0.1% | |
| BNC National Bank | $405,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $1,525,000 | $400,000 | -73.8% | 0.1% |
| KeyBank | $5,260,000 | $400,000 | -92.4% | 0.1% |
| BETTER MORTGAGE CORPORATION | $3,535,000 | $390,000 | -89.0% | 0.1% |
| GENEVA FINANCIAL, LLC | $200,000 | $375,000 | 87.5% | 0.1% |
| Low VA Rates, LLC | $510,000 | $370,000 | -27.5% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $645,000 | $360,000 | -44.2% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $1,540,000 | $350,000 | -77.3% | 0.1% |
| HomePromise Corporation | $345,000 | n/a | 0.1% | |
| GENISYS | $75,000 | $340,000 | 353.3% | 0.1% |
| MICHIGAN SCHOOLS AND GOVERNMENT | $235,000 | $335,000 | 42.6% | 0.1% |
| United Bank of Michigan | $85,000 | $330,000 | 288.2% | 0.1% |
| U.S. Bank | $1,480,000 | $330,000 | -77.7% | 0.1% |
| THE MORTGAGE FIRM, INC. | $315,000 | n/a | 0.1% | |
| FINANCE OF AMERICA MORTGAGE LLC | $1,510,000 | $310,000 | -79.5% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $585,000 | $300,000 | -48.7% | 0.1% |
| Figure Lending LLC | $555,000 | $295,000 | -46.8% | 0.1% |
| NFM, INC. | $295,000 | n/a | 0.1% | |
| Equity Prime Mortgage LLC | $290,000 | n/a | 0.1% | |
| HOMESIDE FINANCIAL, LLC | $1,660,000 | $290,000 | -82.5% | 0.1% |
| Hometown Lenders, Inc. | $500,000 | $285,000 | -43.0% | 0.1% |
| DATA MORTGAGE, INC. | $280,000 | n/a | 0.1% | |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $280,000 | n/a | 0.1% | |
| INB | $275,000 | n/a | 0.1% | |
| DOW CHEMICAL EMPLOYEES' | $85,000 | $270,000 | 217.6% | 0.1% |
| PLUS RELOCATION MORTGAGE, LLC | $205,000 | $265,000 | 29.3% | 0.0% |
| CLEARPATH LENDING | $1,745,000 | $255,000 | -85.4% | 0.0% |
| Regions Bank | $250,000 | n/a | 0.0% | |
| Associated Bank | $55,000 | $235,000 | 327.3% | 0.0% |
| West Michigan Credit Union | $235,000 | n/a | 0.0% | |
| UNITED | $355,000 | $230,000 | -35.2% | 0.0% |
| PFCU | $145,000 | $225,000 | 55.2% | 0.0% |
| Wanigas Credit Union | $225,000 | n/a | 0.0% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $850,000 | $215,000 | -74.7% | 0.0% |
| NBKC BANK | $215,000 | n/a | 0.0% | |
| ZILLOW HOME LOANS, LLC | $275,000 | $215,000 | -21.8% | 0.0% |
| Hometown Equity Mortgage, LLC | $210,000 | n/a | 0.0% | |
| Crossroads Bank | $205,000 | n/a | 0.0% | |
| Discover Bank | $275,000 | $205,000 | -25.5% | 0.0% |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $205,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $205,000 | n/a | 0.0% | |
| UNIVERSITY OF MICHIGAN CREDIT UNION | $590,000 | $200,000 | -66.1% | 0.0% |
| AMERICAN ADVISORS GROUP | $70,000 | $195,000 | 178.6% | 0.0% |
| DELMAR FINANCIAL COMPANY | $195,000 | n/a | 0.0% | |
| Old Second National Bank | $195,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $125,000 | $190,000 | 52.0% | 0.0% |
| Farmers State Bank | $185,000 | n/a | 0.0% | |
| Frankenmuth Credit Union | $580,000 | $185,000 | -68.1% | 0.0% |
| MY MORTGAGE, INC. | $185,000 | n/a | 0.0% | |
| The Farmers & Merchants State Bank | $185,000 | n/a | 0.0% | |
| BAY EQUITY LLC | $175,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $235,000 | $175,000 | -25.5% | 0.0% |
| Residential Mortgage Solutions, Inc. | $175,000 | n/a | 0.0% | |
| Texana Bank | $175,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $95,000 | $175,000 | 84.2% | 0.0% |
| Bank of England | $125,000 | $165,000 | 32.0% | 0.0% |
| BIRMINGHAM-BLOOMFIELD Credit Union | $165,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $165,000 | n/a | 0.0% | |
| First Farmers Bank and Trust Company | $165,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $160,000 | n/a | 0.0% | |
| MICHIGAN FIRST CREDIT UNION | $170,000 | $160,000 | -5.9% | 0.0% |
| ARC HOME LLC | $245,000 | $155,000 | -36.7% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $155,000 | n/a | 0.0% | |
| First Federal Bank | $280,000 | $155,000 | -44.6% | 0.0% |
| First National Bank of America | $95,000 | $155,000 | 63.2% | 0.0% |
| LEADERONE FINANCIAL CORPORATION | $155,000 | n/a | 0.0% | |
| NATIONS DIRECT MORTGAGE, LLC | $425,000 | $155,000 | -63.5% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $450,000 | $145,000 | -67.8% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $145,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $360,000 | $145,000 | -59.7% | 0.0% |
| Lakeview Community Capital, LLC | $145,000 | n/a | 0.0% | |
| ONE NEVADA CREDIT UNION | $145,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $115,000 | $140,000 | 21.7% | 0.0% |
| ChoiceOne Bank | $45,000 | $135,000 | 200.0% | 0.0% |
| Ixonia Bank | $135,000 | n/a | 0.0% | |
| Sunflower Bank | $175,000 | $135,000 | -22.9% | 0.0% |
| ENVOY MORTGAGE, LTD | $335,000 | $125,000 | -62.7% | 0.0% |
| The State Bank and Trust Company | $135,000 | $120,000 | -11.1% | 0.0% |
| INTERRA CREDIT UNION | $115,000 | n/a | 0.0% | |
| Preston Home Loans Inc | $380,000 | $115,000 | -69.7% | 0.0% |
| Macatawa Bank | $105,000 | n/a | 0.0% | |
| Meijer Credit Union | $105,000 | n/a | 0.0% | |
| MIDWEST LOAN SOLUTIONS, INC. | $105,000 | n/a | 0.0% | |
| NATIONS RELIABLE LENDING, LLC | $125,000 | $105,000 | -16.0% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $105,000 | n/a | 0.0% | |
| COMMUNITY CHOICE CREDIT UNION | $45,000 | $100,000 | 122.2% | 0.0% |
| AmeriHome Mortgage Company, LLC | $450,000 | $95,000 | -78.9% | 0.0% |
| CIVIC FINANCIAL SERVICES, LLC | $95,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $95,000 | n/a | 0.0% | |
| Secured Investment Corp. | $95,000 | n/a | 0.0% | |
| Truist | $95,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $85,000 | n/a | 0.0% | |
| HAMILTON HOME LOANS, INC. | $85,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $240,000 | $85,000 | -64.6% | 0.0% |
| CREDIT UNION ONE | $45,000 | $65,000 | 44.4% | 0.0% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $65,000 | n/a | 0.0% | |
| INOVA FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| ADVANTAGE ONE Credit Union | $45,000 | n/a | 0.0% | |
| REVERSE MORTGAGE FUNDING LLC | $45,000 | n/a | 0.0% | |
| PENTAGON FEDERAL CREDIT UNION | $635,000 | $25,000 | -96.1% | 0.0% |
| Public Service Credit Union | $15,000 | n/a | 0.0% |
BATTLE CREEK's top lender by overall market share is QUICKEN LOANS, LLC, with 7.5% market share. In second place, with 6.8%, is Kellogg Community Credit Union, having originated $36,870,000 in loans. In third place, with 6.5%, is MARSHALL COMMUNITY CREDIT UNION, having originated $34,930,000 in loans. In fourth place, with 5.2%, is AMERIFIRST FINANCIAL CORPORATION, having originated $28,125,000 in loans. In fifth place, with 3.9%, is Fifth Third Bank, having originated $20,965,000 in loans.
BATTLE CREEK Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - BATTLE CREEK (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $99,925 (5.3%) | $163,215 (19.6%) | 0.37 | 401 |
| 2018-02-01 | $98,650 (-0.7%) | $163,315 (17.9%) | 0.36 | 363 |
| 2018-03-01 | $99,950 (1.0%) | $171,913 (21.5%) | 0.38 | 331 |
| 2018-04-01 | $126,900 (20.9%) | $180,830 (6.8%) | 0.43 | 345 |
| 2018-05-01 | $143,225 (22.0%) | $188,387 (10.3%) | 0.49 | 373 |
| 2018-06-01 | $144,900 (16.5%) | $192,222 (13.1%) | 0.48 | 422 |
| 2018-07-01 | $142,750 (14.3%) | $188,845 (8.8%) | 0.47 | 450 |
| 2018-08-01 | $139,950 (12.1%) | $186,153 (6.0%) | 0.47 | 477 |
| 2018-09-01 | $139,250 (18.0%) | $187,088 (10.6%) | 0.46 | 495 |
| 2018-10-01 | $139,900 (22.2%) | $187,668 (12.6%) | 0.47 | 467 |
| 2018-11-01 | $132,400 (20.4%) | $176,290 (5.9%) | 0.45 | 454 |
| 2018-12-01 | $135,000 (22.8%) | $177,668 (9.0%) | 0.46 | 443 |
| 2019-01-01 | $130,575 (30.7%) | $173,629 (6.4%) | 0.46 | 402 |
| 2019-02-01 | $134,975 (36.8%) | $177,770 (8.9%) | 0.45 | 373 |
| 2019-03-01 | $136,611 (36.7%) | $180,673 (5.1%) | 0.44 | 366 |
| 2019-04-01 | $141,830 (11.8%) | $193,742 (7.1%) | 0.43 | 369 |
| 2019-05-01 | $152,450 (6.4%) | $209,273 (11.1%) | 0.46 | 378 |
| 2019-06-01 | $169,900 (17.3%) | $228,611 (18.9%) | 0.51 | 368 |
| 2019-07-01 | $169,900 (19.0%) | $227,655 (20.6%) | 0.50 | 401 |
| 2019-08-01 | $169,509 (21.1%) | $222,209 (19.4%) | 0.51 | 424 |
| 2019-09-01 | $161,348 (15.9%) | $210,995 (12.8%) | 0.50 | 437 |
| 2019-10-01 | $155,907 (11.4%) | $203,519 (8.5%) | 0.50 | 437 |
| 2019-11-01 | $149,900 (13.2%) | $201,436 (14.3%) | 0.49 | 393 |
| 2019-12-01 | $146,722 (8.7%) | $190,706 (7.3%) | 0.49 | 360 |
| 2020-01-01 | $145,000 (11.1%) | $185,471 (6.8%) | 0.48 | 340 |
| 2020-02-01 | $143,000 (6.0%) | $190,437 (7.1%) | 0.45 | 323 |
| 2020-03-01 | $145,973 (6.9%) | $202,831 (12.3%) | 0.46 | 274 |
| 2020-04-01 | $139,800 (-1.4%) | $198,170 (2.3%) | 0.44 | 270 |
| 2020-05-01 | $149,900 (-1.7%) | $206,896 (-1.1%) | 0.46 | 265 |
| 2020-06-01 | $172,450 (1.5%) | $229,298 (0.3%) | 0.51 | 250 |
| 2020-07-01 | $193,450 (13.9%) | $245,000 (7.6%) | 0.55 | 227 |
| 2020-08-01 | $198,000 (16.8%) | $234,670 (5.6%) | 0.56 | 230 |
| 2020-09-01 | $164,900 (2.2%) | $212,997 (1.0%) | 0.47 | 243 |
| 2020-10-01 | $160,000 (2.6%) | $224,258 (10.2%) | 0.46 | 237 |
| 2020-11-01 | $159,950 (6.7%) | $217,989 (8.2%) | 0.46 | 229 |
| 2020-12-01 | $154,025 (5.0%) | $210,136 (10.2%) | 0.45 | 229 |
| 2021-01-01 | $150,000 (3.5%) | $208,524 (12.4%) | 0.46 | 206 |
| 2021-02-01 | $154,100 (7.8%) | $232,360 (22.0%) | 0.45 | 153 |
| 2021-03-01 | $177,400 (21.5%) | $256,039 (26.2%) | 0.48 | 114 |
| 2021-04-01 | $180,000 (28.8%) | $273,645 (38.1%) | 0.48 | 103 |
| 2021-05-01 | $185,000 (23.4%) | $269,882 (30.4%) | 0.47 | 119 |
| 2021-06-01 | $174,950 (1.5%) | $266,853 (16.4%) | 0.43 | 170 |
| 2021-07-01 | $159,950 (-17.3%) | $269,977 (10.2%) | 0.40 | 209 |
| 2021-08-01 | $167,400 (-15.5%) | $254,645 (8.5%) | 0.43 | 233 |
| 2021-09-01 | $158,000 (-4.2%) | $250,827 (17.8%) | 0.42 | 224 |
| 2021-10-01 | $159,900 (-0.1%) | $245,684 (9.6%) | 0.41 | 218 |
| 2021-11-01 | $171,925 (7.5%) | $270,447 (24.1%) | 0.45 | 187 |
| 2021-12-01 | $159,900 (3.8%) | $281,529 (34.0%) | 0.43 | 156 |
| 2022-01-01 | $159,950 (6.6%) | $267,866 (28.5%) | 0.41 | 141 |
| 2022-02-01 | $164,900 (7.0%) | $294,943 (26.9%) | 0.41 | 117 |
| 2022-03-01 | $194,900 (9.9%) | $320,116 (25.0%) | 0.48 | 115 |
| 2022-04-01 | $199,900 (11.1%) | $328,948 (20.2%) | 0.47 | 122 |
| 2022-05-01 | $222,500 (20.3%) | $317,788 (17.8%) | 0.50 | 171 |
| 2022-06-01 | $215,500 (23.2%) | $308,827 (15.7%) | 0.47 | 208 |
| 2022-07-01 | $198,500 (24.1%) | $289,316 (7.2%) | 0.44 | 254 |
| 2022-08-01 | $199,975 (19.5%) | $282,110 (10.8%) | 0.47 | 256 |
| 2022-09-01 | $197,425 (25.0%) | $255,429 (1.8%) | 0.00 | 271 |
| 2022-10-01 | $185,000 (15.7%) | $247,659 (0.8%) | 0.00 | 277 |
| 2022-11-01 | $188,200 (9.5%) | $251,686 (-6.9%) | 0.00 | 283 |
| 2022-12-01 | $192,450 (20.4%) | $244,807 (-13.0%) | 0.00 | 249 |
| 2023-01-01 | $189,900 (18.7%) | $233,548 (-12.8%) | 0.00 | 199 |
| 2023-02-01 | $182,450 (10.6%) | $218,362 (-26.0%) | 0.00 | 168 |
| 2023-03-01 | $195,000 (0.1%) | $265,729 (-17.0%) | 0.00 | 161 |
| 2023-04-01 | $234,500 (17.3%) | $288,619 (-12.3%) | 0.00 | 146 |
| 2023-05-01 | $249,925 (12.3%) | $298,362 (-6.1%) | 0.00 | 166 |
BATTLE CREEK's median listing price for 2023-05-01 was $249,925, a difference of
$27,425
(12.3%) versus the prior year and
$15,425 versus the prior month.
BATTLE CREEK's median listing price comes in at 0% of the national average.
BATTLE CREEK's average listing price for 2023-05-01 was $298,362, a difference of $-19,426 (-6.1%) versus the prior year and $9,743 versus the prior month.
For the 2023-05-01 period, BATTLE CREEK had 166 MLS listings, a difference of 20 listings (14%) versus the prior month and -5 listings (-3%) versus the prior year.
BATTLE CREEK's median listing price comes in at 0% of the national average.
BATTLE CREEK's average listing price for 2023-05-01 was $298,362, a difference of $-19,426 (-6.1%) versus the prior year and $9,743 versus the prior month.
For the 2023-05-01 period, BATTLE CREEK had 166 MLS listings, a difference of 20 listings (14%) versus the prior month and -5 listings (-3%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - BATTLE CREEK (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 78 days | 1,566 sqft |
| 2018-02-01 | 72 days | 1,578 sqft |
| 2018-03-01 | 61 days | 1,637 sqft |
| 2018-04-01 | 50 days | 1,677 sqft |
| 2018-05-01 | 45 days | 1,746 sqft |
| 2018-06-01 | 42 days | 1,800 sqft |
| 2018-07-01 | 45 days | 1,697 sqft |
| 2018-08-01 | 43 days | 1,722 sqft |
| 2018-09-01 | 45 days | 1,719 sqft |
| 2018-10-01 | 54 days | 1,701 sqft |
| 2018-11-01 | 60 days | 1,661 sqft |
| 2018-12-01 | 69 days | 1,662 sqft |
| 2019-01-01 | 72 days | 1,628 sqft |
| 2019-02-01 | 65 days | 1,581 sqft |
| 2019-03-01 | 57 days | 1,587 sqft |
| 2019-04-01 | 51 days | 1,613 sqft |
| 2019-05-01 | 45 days | 1,630 sqft |
| 2019-06-01 | 50 days | 1,697 sqft |
| 2019-07-01 | 51 days | 1,737 sqft |
| 2019-08-01 | 52 days | 1,773 sqft |
| 2019-09-01 | 52 days | 1,764 sqft |
| 2019-10-01 | 56 days | 1,762 sqft |
| 2019-11-01 | 57 days | 1,679 sqft |
| 2019-12-01 | 68 days | 1,742 sqft |
| 2020-01-01 | 73 days | 1,682 sqft |
| 2020-02-01 | 66 days | 1,620 sqft |
| 2020-03-01 | 62 days | 1,690 sqft |
| 2020-04-01 | 62 days | 1,636 sqft |
| 2020-05-01 | 72 days | 1,710 sqft |
| 2020-06-01 | 58 days | 1,768 sqft |
| 2020-07-01 | 52 days | 1,754 sqft |
| 2020-08-01 | 53 days | 1,674 sqft |
| 2020-09-01 | 49 days | 1,558 sqft |
| 2020-10-01 | 49 days | 1,556 sqft |
| 2020-11-01 | 57 days | 1,556 sqft |
| 2020-12-01 | 60 days | 1,568 sqft |
| 2021-01-01 | 71 days | 1,556 sqft |
| 2021-02-01 | 86 days | 1,556 sqft |
| 2021-03-01 | 84 days | 1,556 sqft |
| 2021-04-01 | 53 days | 1,596 sqft |
| 2021-05-01 | 42 days | 1,616 sqft |
| 2021-06-01 | 34 days | 1,616 sqft |
| 2021-07-01 | 35 days | 1,616 sqft |
| 2021-08-01 | 37 days | 1,591 sqft |
| 2021-09-01 | 46 days | 1,528 sqft |
| 2021-10-01 | 49 days | 1,579 sqft |
| 2021-11-01 | 53 days | 1,608 sqft |
| 2021-12-01 | 61 days | 1,605 sqft |
| 2022-01-01 | 67 days | 1,578 sqft |
| 2022-02-01 | 76 days | 1,526 sqft |
| 2022-03-01 | 59 days | 1,575 sqft |
| 2022-04-01 | 42 days | 1,616 sqft |
| 2022-05-01 | 32 days | 1,609 sqft |
| 2022-06-01 | 35 days | 1,595 sqft |
| 2022-07-01 | 42 days | 1,616 sqft |
| 2022-08-01 | 43 days | 1,586 sqft |
| 2022-09-01 | 0 days | 1,623 sqft |
| 2022-10-01 | 0 days | 1,616 sqft |
| 2022-11-01 | 0 days | 1,571 sqft |
| 2022-12-01 | 0 days | 1,616 sqft |
| 2023-01-01 | 0 days | 1,587 sqft |
| 2023-02-01 | 0 days | 1,616 sqft |
| 2023-03-01 | 0 days | 1,616 sqft |
| 2023-04-01 | 0 days | 1,616 sqft |
| 2023-05-01 | 0 days | 1,616 sqft |
BATTLE CREEK's median listing age (time on market) for 2023-05-01 was 0 days.
This
is -100%
shorter
than the same period one year ago.
BATTLE CREEK's median square footage for active listings during the 2023-05-01 period was 1,616 sqft. One year prior, the average listing was 1,609 sqft.
BATTLE CREEK's median square footage for active listings during the 2023-05-01 period was 1,616 sqft. One year prior, the average listing was 1,609 sqft.
BATTLE CREEK, MI Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 48813 | Battle Creek, MI | $670 | $700 | $860 | $1,110 | $1,170 |
| 49011 | Battle Creek, MI | $650 | $720 | $910 | $1,180 | $1,280 |
| 49012 | Battle Creek, MI | $590 | $680 | $840 | $1,110 | $1,200 |
| 49014 | Battle Creek, MI | $640 | $710 | $890 | $1,150 | $1,250 |
| 49015 | Battle Creek, MI | $680 | $760 | $950 | $1,230 | $1,340 |
| 49016 | Battle Creek, MI | $600 | $670 | $840 | $1,090 | $1,180 |
| 49017 | Battle Creek, MI | $620 | $680 | $860 | $1,120 | $1,210 |
| 49021 | Battle Creek, MI | $670 | $710 | $870 | $1,120 | $1,190 |
| 49029 | Battle Creek, MI | $540 | $600 | $760 | $980 | $1,070 |
| 49033 | Battle Creek, MI | $630 | $700 | $880 | $1,140 | $1,240 |
| 49034 | Battle Creek, MI | $560 | $640 | $800 | $1,060 | $1,140 |
| 49037 | Battle Creek, MI | $570 | $640 | $800 | $1,040 | $1,130 |
| 49051 | Battle Creek, MI | $740 | $820 | $1,030 | $1,340 | $1,450 |
| 49052 | Battle Creek, MI | $560 | $640 | $800 | $1,060 | $1,140 |
| 49068 | Battle Creek, MI | $580 | $650 | $810 | $1,050 | $1,140 |
| 49076 | Battle Creek, MI | $640 | $670 | $820 | $1,060 | $1,140 |
| 49092 | Battle Creek, MI | $590 | $650 | $820 | $1,060 | $1,150 |
| 49094 | Battle Creek, MI | $540 | $600 | $760 | $980 | $1,070 |
| 49224 | Battle Creek, MI | $570 | $640 | $780 | $1,010 | $1,100 |
| 49237 | Battle Creek, MI | $580 | $690 | $810 | $1,060 | $1,190 |
| 49245 | Battle Creek, MI | $570 | $640 | $790 | $1,020 | $1,110 |
| 49252 | Battle Creek, MI | $570 | $650 | $770 | $1,010 | $1,130 |
| 49284 | Battle Creek, MI | $680 | $790 | $950 | $1,240 | $1,370 |
2022 Average & Median Rent Data Statistics
BATTLE CREEK, MI average 1BR rent: $680, median: $670
BATTLE CREEK, MI average 2BR rent: $843, median: $820
BATTLE CREEK, MI average 3BR rent: $1,097, median: $1,060
BATTLE CREEK, MI Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,744 | $306,220,000 | $175,585 |
| Cash Out Refi | 681 | $107,075,000 | $157,232 |
| Refi | 603 | $93,785,000 | $155,531 |
| Home Improvement | 333 | $17,765,000 | $53,348 |
| Other | 197 | $14,915,000 | $75,711 |
Battle Creek's most frequently cited loan purpose was Home Purchase, with 1,744 originations. The 2nd most popular reason was Cash Out Refi, with 681 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 939 | $143,355,000 | $152,668 |
| 4-5% | 767 | $112,795,000 | $147,060 |
| 3-4% | 669 | $107,945,000 | $161,353 |
| 6-7% | 479 | $67,835,000 | $141,618 |
| 2.5-3% | 187 | $26,225,000 | $140,241 |
| Over 8% | 160 | $9,750,000 | $60,938 |
| 7-8% | 160 | $17,320,000 | $108,250 |
| <2.5% | 87 | $11,615,000 | $133,506 |
During 2022, Battle Creek's most frequently originated rate bucket was 5-6%, with 939 originations.
Loan Sizing (BATTLE CREEK, MI MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 1,482 | $212,230,000 | $143,205 |
| $100,000 or less | 1,390 | $82,220,000 | $59,151 |
| $200k-400k | 608 | $158,300,000 | $260,362 |
| $400k-600k | 53 | $24,675,000 | $465,566 |
| $600k-1000k | 13 | $8,955,000 | $688,846 |
| $Over $1MM | 12 | $53,380,000 | $4,448,333 |
BATTLE CREEK's loan sizing saw the bucket of loans from $100k-200k with 1,482 originations, totaling $212,230,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,447 | $256,675,000 | $177,384 |
| 60-80% | 918 | $150,970,000 | $164,455 |
| 40-60% | 388 | $46,900,000 | $120,876 |
| 20-40% | 370 | $25,800,000 | $69,730 |
| Under 20% | 284 | $12,120,000 | $42,676 |
| Over 100% | 23 | $6,635,000 | $288,478 |
BATTLE CREEK's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,447 originations, totaling $256,675,000 in origination value.