MICHIGAN CITY - LA PORTE Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Michigan City - La Porte averaged
7.44%
for the week of 2026-11-05, compared to the national average of
7.18% for the same period.
The average rate for the prior week (2026-10-29) was
7.6% and
one month ago for the week of 2026-10-01, the
average rate was 7.34%.
Michigan City - La Porte's average rate one year ago was 6.43%.
For refis of the same type during the week of 2026-11-05, the average rate
was 7.33%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2026-11-05 | 7.18% |
| Michigan City - La Porte 30 Year Fixed Rate | 2026-11-05 | 7.44% |
| Michigan City - La Porte 30 Year Fixed Rate Refi | 2026-11-05 | 7.33% |
| Michigan City - La Porte 15 Year Fixed Rate | 2026-11-05 | 6.57% |
| Michigan City - La Porte 15 Year Fixed Rate Refi | 2026-11-05 | 6.87% |
| Michigan City - La Porte 30 Year FHA | 2026-11-05 | 7.48% |
| Michigan City - La Porte 30 Year FHA Refi | 2026-11-05 | 6.83% |
| Michigan City - La Porte 30 Year USDA | 2026-11-05 | 7% |
| Michigan City - La Porte 30 Year USDA Refi | 2026-11-05 | 6.9% |
| Michigan City - La Porte 30 Year VA | 2026-11-05 | 6.73% |
| Michigan City - La Porte 30 Year VA Refi | 2026-11-05 | 6.76% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MICHIGAN CITY-LA PORTE, IN.
MICHIGAN CITY - LA PORTE 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 MICHIGAN CITY-LA PORTE, IN 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.).
MICHIGAN CITY - LA PORTE Average Closing Costs & Other Stats
MICHIGAN CITY-LA PORTE, IN's 120 lenders originated 2,546
loans during 2025. The total origination value was $526,770,000, with an average loan value of
$206,901.
MICHIGAN CITY - LA PORTE's average closing costs are $4,380.
The top MICHIGAN CITY - LA PORTE lender as defined by loan originations is Horizon Bank, with
73 loans originated. Their average total fees are
$2,945, which is $2,996
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee MICHIGAN CITY - LA PORTE lenders (with over 10 loans originated) are
Fifth Third Bank ($2,859), Horizon Bank ($2,945), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($2,978), Centier Bank ($3,157) and RUOFF MORTGAGE COMPANY, INC. ($3,239).
The lowest rate MICHIGAN CITY - LA PORTE lenders (with over 10 loans originated) are
JPMorgan Chase Bank (6.56%), GUARANTEED RATE, INC. (6.66%), TECH Credit Union (6.69%), QUICKEN LOANS, LLC (6.71%) and 1st Source Bank (6.71%).
MICHIGAN CITY-LA PORTE, IN 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 | 2024 Loan Value | 2025 Loan Value | % Change | 2025 Market Share |
|---|---|---|---|---|
| Horizon Bank | $40,390,000 | $64,000,000 | 58.5% | 12.1% |
| QUICKEN LOANS, LLC | $26,605,000 | $36,030,000 | 35.4% | 6.8% |
| Merchants Bank of Indiana | $25,340,000 | n/a | 4.8% | |
| Centier Bank | $14,980,000 | $19,510,000 | 30.2% | 3.7% |
| 1st Source Bank | $15,605,000 | $18,220,000 | 16.8% | 3.5% |
| JPMorgan Chase Bank | $10,660,000 | $13,815,000 | 29.6% | 2.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $6,240,000 | $13,265,000 | 112.6% | 2.5% |
| Fifth Third Bank | $15,715,000 | $12,675,000 | -19.3% | 2.4% |
| GUARANTEED RATE, INC. | $8,085,000 | $12,355,000 | 52.8% | 2.3% |
| Bridgewater Bank | $11,985,000 | n/a | 2.3% | |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $6,455,000 | $11,805,000 | 82.9% | 2.2% |
| FREEDOM MORTGAGE CORPORATION | $5,925,000 | $10,605,000 | 79.0% | 2.0% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $5,775,000 | $9,660,000 | 67.3% | 1.8% |
| Mortgage Research Center, LLC | $9,765,000 | $9,640,000 | -1.3% | 1.8% |
| RUOFF MORTGAGE COMPANY, INC. | $6,440,000 | $9,600,000 | 49.1% | 1.8% |
| CROSSCOUNTRY MORTGAGE, LLC | $3,785,000 | $9,060,000 | 139.4% | 1.7% |
| UNION HOME MORTGAGE CORP. | $6,820,000 | $8,415,000 | 23.4% | 1.6% |
| NAVY FEDERAL CREDIT UNION | $1,675,000 | $6,440,000 | 284.5% | 1.2% |
| INSPIRE HOME LOANS INC. | $9,340,000 | $6,420,000 | -31.3% | 1.2% |
| Ixonia Bank | $5,105,000 | $5,330,000 | 4.4% | 1.0% |
| TECH Credit Union | $4,335,000 | $5,270,000 | 21.6% | 1.0% |
| Farm Credit Mid-America, ACA | $5,475,000 | $5,260,000 | -3.9% | 1.0% |
| LOANDEPOT.COM, LLC | $8,050,000 | $5,230,000 | -35.0% | 1.0% |
| PNC Bank | $5,080,000 | $4,965,000 | -2.3% | 0.9% |
| AMERICAN FINANCIAL NETWORK, INC. | $4,195,000 | $4,750,000 | 13.2% | 0.9% |
| NEWREZ LLC | $5,285,000 | $4,620,000 | -12.6% | 0.9% |
| TEACHERS CREDIT UNION | $3,475,000 | $4,065,000 | 17.0% | 0.8% |
| GUILD MORTGAGE COMPANY | $13,970,000 | $3,845,000 | -72.5% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $3,300,000 | $3,735,000 | 13.2% | 0.7% |
| PURDUE FEDERAL CREDIT UNION | $4,900,000 | $3,505,000 | -28.5% | 0.7% |
| First Federal Savings Bank | $4,885,000 | $3,385,000 | -30.7% | 0.6% |
| LENDINGHOME FUNDING CORPORATION | $980,000 | $3,335,000 | 240.3% | 0.6% |
| LEADERONE FINANCIAL CORPORATION | $2,955,000 | $3,310,000 | 12.0% | 0.6% |
| Charles Schwab Bank, SSB | $1,610,000 | $3,225,000 | 100.3% | 0.6% |
| NEW DAY FINANCIAL, LLC | $915,000 | $2,960,000 | 223.5% | 0.6% |
| BROKER SOLUTIONS, INC. | $5,080,000 | $2,895,000 | -43.0% | 0.5% |
| GUARANTEED RATE AFFINITY, LLC | $2,675,000 | $2,600,000 | -2.8% | 0.5% |
| BMO Harris Bank | $1,390,000 | $2,585,000 | 86.0% | 0.5% |
| Barrington Bank & Trust Company, N.A. | $2,640,000 | $2,480,000 | -6.1% | 0.5% |
| Carrington Mortgage Services, LLC | $1,400,000 | $2,460,000 | 75.7% | 0.5% |
| The Huntington National Bank | $4,915,000 | $2,370,000 | -51.8% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $1,340,000 | $2,360,000 | 76.1% | 0.4% |
| Pacor Mortgage Corp | $1,925,000 | $2,290,000 | 19.0% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $1,220,000 | $2,280,000 | 86.9% | 0.4% |
| UNITED | $560,000 | $2,270,000 | 305.4% | 0.4% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $1,265,000 | $2,245,000 | 77.5% | 0.4% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,980,000 | n/a | 0.4% | |
| AmeriHome Mortgage Company, LLC | $1,470,000 | $1,970,000 | 34.0% | 0.4% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $815,000 | $1,945,000 | 138.7% | 0.4% |
| FIRST TRUST | $1,190,000 | $1,940,000 | 63.0% | 0.4% |
| Old National Bank | $2,500,000 | $1,800,000 | -28.0% | 0.3% |
| MOVEMENT MORTGAGE, LLC | $1,065,000 | $1,570,000 | 47.4% | 0.3% |
| Notre Dame Federal Credit Union Corporation | $1,665,000 | $1,535,000 | -7.8% | 0.3% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $2,900,000 | $1,455,000 | -49.8% | 0.3% |
| Bank of America | $4,400,000 | $1,440,000 | -67.3% | 0.3% |
| First Farmers Bank and Trust Company | $500,000 | $1,415,000 | 183.0% | 0.3% |
| Prosperity Home Mortgage, LLC | $360,000 | $1,360,000 | 277.8% | 0.3% |
| ZILLOW HOME LOANS, LLC | $845,000 | $1,340,000 | 58.6% | 0.3% |
| Honor Credit Union | $810,000 | $1,335,000 | 64.8% | 0.3% |
| LOANPAL, LLC | $1,800,000 | $1,295,000 | -28.1% | 0.2% |
| First National Bank of Brookfield | $1,290,000 | n/a | 0.2% | |
| The Federal Savings Bank | $800,000 | $1,280,000 | 60.0% | 0.2% |
| GREENSTATE CREDIT UNION | $600,000 | $1,260,000 | 110.0% | 0.2% |
| U.S. Bank | $1,435,000 | $1,255,000 | -12.5% | 0.2% |
| Peoples Bank | $480,000 | $1,220,000 | 154.2% | 0.2% |
| PROPER RATE, LLC | $4,940,000 | $1,205,000 | -75.6% | 0.2% |
| 21ST MORTGAGE CORPORATION | $840,000 | $1,200,000 | 42.9% | 0.2% |
| Flagstar Bank, FSB | $1,100,000 | $1,190,000 | 8.2% | 0.2% |
| Morgan Stanley Private Bank | $1,140,000 | $1,165,000 | 2.2% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $1,355,000 | $1,075,000 | -20.7% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $95,000 | $1,055,000 | 1,010.5% | 0.2% |
| Wells Fargo Bank | $1,380,000 | $1,040,000 | -24.6% | 0.2% |
| FIRST COMMUNITY MORTGAGE, INC. | $2,265,000 | $1,035,000 | -54.3% | 0.2% |
| INOVA FEDERAL CREDIT UNION | $1,970,000 | $1,020,000 | -48.2% | 0.2% |
| ALLIANT | $455,000 | $995,000 | 118.7% | 0.2% |
| PHH Mortgage Corporation | $730,000 | $995,000 | 36.3% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $990,000 | n/a | 0.2% | |
| First American Bank | $300,000 | $970,000 | 223.3% | 0.2% |
| DIRECT MORTGAGE LOANS, LLC | $1,175,000 | $965,000 | -17.9% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $205,000 | $960,000 | 368.3% | 0.2% |
| DAS Acquisition Company, LLC | $925,000 | n/a | 0.2% | |
| SPRING EQ, LLC | $130,000 | $920,000 | 607.7% | 0.2% |
| PLAZA HOME MORTGAGE, INC. | $1,160,000 | $890,000 | -23.3% | 0.2% |
| ENDEAVOR CAPITAL, LLC. | $145,000 | $880,000 | 506.9% | 0.2% |
| T2 FINANCIAL LLC | $870,000 | n/a | 0.2% | |
| CARDINAL FINANCIAL | $1,800,000 | $865,000 | -51.9% | 0.2% |
| The National Bank of Indianapolis | $840,000 | n/a | 0.2% | |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $245,000 | $835,000 | 240.8% | 0.2% |
| CIBC Bank USA | $825,000 | n/a | 0.2% | |
| EVERETT FINANCIAL, INC. | $245,000 | $805,000 | 228.6% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $795,000 | n/a | 0.2% | |
| TOP FLITE FINANCIAL, INC. | $545,000 | $795,000 | 45.9% | 0.2% |
| UNITED MORTGAGE CORP | $775,000 | n/a | 0.1% | |
| First Merchants Bank | $320,000 | $765,000 | 139.1% | 0.1% |
| North Shore Trust and Savings | $2,005,000 | $765,000 | -61.8% | 0.1% |
| PLANET HOME LENDING, LLC | $560,000 | $765,000 | 36.6% | 0.1% |
| UNITED HOME LOANS, INC. | $1,770,000 | $765,000 | -56.8% | 0.1% |
| Citibank | $255,000 | $760,000 | 198.0% | 0.1% |
| RF Renovo Management Company, LLC | $145,000 | $745,000 | 413.8% | 0.1% |
| Bank of Pontiac | $735,000 | n/a | 0.1% | |
| Mortgage Assurance Inc. | $735,000 | n/a | 0.1% | |
| OCMBC, INC. | $400,000 | $725,000 | 81.3% | 0.1% |
| TOWNE MORTGAGE COMPANY | $710,000 | n/a | 0.1% | |
| COREVEST AMERICAN FINANCE LENDER LLC | $705,000 | n/a | 0.1% | |
| Figure Lending LLC | $400,000 | $700,000 | 75.0% | 0.1% |
| First Federal Bank | $385,000 | $700,000 | 81.8% | 0.1% |
| SELFRELIANCE | $1,300,000 | $695,000 | -46.5% | 0.1% |
| Bethpage Federal Credit Union | $685,000 | n/a | 0.1% | |
| First State Bank of Middlebury | $175,000 | $685,000 | 291.4% | 0.1% |
| The Loan Store, Inc. | $300,000 | $685,000 | 128.3% | 0.1% |
| Armed Forces Bank | $680,000 | n/a | 0.1% | |
| Wolfe Financial, Inc | $675,000 | n/a | 0.1% | |
| TRIAD FINANCIAL SERVICES, INC. | $75,000 | $660,000 | 780.0% | 0.1% |
| Northbrook Bank & Trust | $405,000 | $645,000 | 59.3% | 0.1% |
| Libertyville Bank & Trust | $635,000 | n/a | 0.1% | |
| LIMA ONE CAPITAL, LLC | $2,575,000 | $630,000 | -75.5% | 0.1% |
| MJW Financial LLC | $550,000 | $630,000 | 14.5% | 0.1% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $280,000 | $620,000 | 121.4% | 0.1% |
| Baxter Credit Union | $605,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $410,000 | $585,000 | 42.7% | 0.1% |
| BETTER MORTGAGE CORPORATION | $560,000 | n/a | 0.1% | |
| LAKEVIEW LOAN SERVICING, LLC | $785,000 | $550,000 | -29.9% | 0.1% |
| DeMotte State Bank | $545,000 | n/a | 0.1% | |
| First Financial Bank | $645,000 | $540,000 | -16.3% | 0.1% |
| Old Plank Trail Community Bank | $1,345,000 | $535,000 | -60.2% | 0.1% |
| RAPID MORTGAGE COMPANY | $535,000 | n/a | 0.1% | |
| UBS Bank USA | $535,000 | $535,000 | 0.0% | 0.1% |
| Coastal Community Bank | $530,000 | n/a | 0.1% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $520,000 | n/a | 0.1% | |
| Leader Bank | $515,000 | n/a | 0.1% | |
| CMG MORTGAGE, INC. | $505,000 | n/a | 0.1% | |
| Servion, Inc. | $450,000 | $505,000 | 12.2% | 0.1% |
| LENDINGONE, LLC | $210,000 | $495,000 | 135.7% | 0.1% |
| NFM, INC. | $495,000 | n/a | 0.1% | |
| Union Savings Bank | $245,000 | $495,000 | 102.0% | 0.1% |
| Loan Simple, Inc. | $245,000 | $490,000 | 100.0% | 0.1% |
| MICHIGAN MUTUAL, INC. | $3,645,000 | $490,000 | -86.6% | 0.1% |
| LAKE MICHIGAN CREDIT UNION | $475,000 | n/a | 0.1% | |
| POINT Mortgage | $1,285,000 | $475,000 | -63.0% | 0.1% |
| Marquette Bank | $540,000 | $465,000 | -13.9% | 0.1% |
| COUNTRYPLACE MORTGAGE, LTD. | $15,000 | $460,000 | 2,966.7% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $460,000 | n/a | 0.1% | |
| INDIANA MEMBERS CREDIT UNION | $455,000 | n/a | 0.1% | |
| VAN DYK MORTGAGE CORPORATION | $340,000 | $450,000 | 32.4% | 0.1% |
| THE ANDERSON FINANCIAL GROUP, INC. | $220,000 | $440,000 | 100.0% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $380,000 | $415,000 | 9.2% | 0.1% |
| IAA Credit Union | $405,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $405,000 | $400,000 | -1.2% | 0.1% |
| Discover Bank | $860,000 | $390,000 | -54.7% | 0.1% |
| Plains Commerce Bank | $390,000 | n/a | 0.1% | |
| Lake City Bank | $1,110,000 | $385,000 | -65.3% | 0.1% |
| COMPASS MORTGAGE, INC. | $175,000 | $370,000 | 111.4% | 0.1% |
| LENDSURE MORTGAGE CORP. | $165,000 | $370,000 | 124.2% | 0.1% |
| TJC Mortgage, Inc. | $355,000 | n/a | 0.1% | |
| TOWER | $45,000 | $355,000 | 688.9% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $125,000 | $350,000 | 180.0% | 0.1% |
| First National Bank of America | $350,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $2,260,000 | $345,000 | -84.7% | 0.1% |
| Regional Federal Credit Union | $130,000 | $340,000 | 161.5% | 0.1% |
| Equity Prime Mortgage LLC | $1,215,000 | $320,000 | -73.7% | 0.1% |
| STAR Financial Bank | $315,000 | n/a | 0.1% | |
| NETWORK CAPITAL FUNDING CORPORATION | $305,000 | $305,000 | 0.0% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $240,000 | $300,000 | 25.0% | 0.1% |
| RESIDENTIAL BANCORP | $300,000 | n/a | 0.1% | |
| Texana Bank | $275,000 | $295,000 | 7.3% | 0.1% |
| Flanagan State Bank | $105,000 | $290,000 | 176.2% | 0.1% |
| VERITAS FUNDING, LLC | $155,000 | $285,000 | 83.9% | 0.1% |
| USAA Federal Savings Bank | $725,000 | $280,000 | -61.4% | 0.1% |
| NexBank | $275,000 | n/a | 0.1% | |
| Park Lane Finance Solutions, LLC | $275,000 | n/a | 0.1% | |
| S1L, Inc. | $320,000 | $275,000 | -14.1% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $85,000 | $270,000 | 217.6% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $455,000 | $270,000 | -40.7% | 0.1% |
| MORTGAGE ACCESS CORP. | $265,000 | n/a | 0.1% | |
| MILEND, INC. | $250,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $275,000 | $245,000 | -10.9% | 0.0% |
| Regions Bank | $245,000 | n/a | 0.0% | |
| VILLAGE CAPITAL MORTGAGE | $750,000 | $245,000 | -67.3% | 0.0% |
| FIRST ALLIANCE HOME MORTGAGE, LLC | $235,000 | n/a | 0.0% | |
| Citizens Bank | $225,000 | $225,000 | 0.0% | 0.0% |
| GENEVA FINANCIAL, LLC | $195,000 | $225,000 | 15.4% | 0.0% |
| NBKC BANK | $295,000 | $205,000 | -30.5% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $1,250,000 | $200,000 | -84.0% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $175,000 | $200,000 | 14.3% | 0.0% |
| Community Mortgage Banc Corporation | $195,000 | n/a | 0.0% | |
| Preston Home Loans Inc | $195,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $190,000 | n/a | 0.0% | |
| BEACON CREDIT UNION | $185,000 | $185,000 | 0.0% | 0.0% |
| CIBM Bank | $175,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $135,000 | $175,000 | 29.6% | 0.0% |
| NEXERA HOLDING LLC | $175,000 | n/a | 0.0% | |
| MID AMERICA MORTGAGE, INC. | $300,000 | $170,000 | -43.3% | 0.0% |
| GVC MORTGAGE, INC. | $270,000 | $165,000 | -38.9% | 0.0% |
| POLARIS HOME FUNDING CORP. | $225,000 | $165,000 | -26.7% | 0.0% |
| OAKTREE FUNDING CORP. | $155,000 | n/a | 0.0% | |
| Alliance Bank | $135,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $135,000 | n/a | 0.0% | |
| LAFAYETTE FEDERAL CREDIT UNION | $135,000 | n/a | 0.0% | |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $135,000 | n/a | 0.0% | |
| A&D Mortgage LLC | $125,000 | n/a | 0.0% | |
| Bank First, N.A. | $125,000 | n/a | 0.0% | |
| Commerce Home Mortgage, Inc. | $125,000 | n/a | 0.0% | |
| Nations Lending Corporation | $400,000 | $125,000 | -68.8% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $175,000 | $125,000 | -28.6% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $325,000 | $115,000 | -64.6% | 0.0% |
| Independent Bank | $790,000 | $105,000 | -86.7% | 0.0% |
| INDIANA UNIVERSITY CREDIT UNION | $2,760,000 | $105,000 | -96.2% | 0.0% |
| MLD MORTGAGE INC. | $105,000 | n/a | 0.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $100,000 | n/a | 0.0% | |
| Northwest Bank | $15,000 | $85,000 | 466.7% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $135,000 | $75,000 | -44.4% | 0.0% |
| EVANSVILLE TEACHERS | $75,000 | n/a | 0.0% | |
| First Financial Bank | $645,000 | $65,000 | -89.9% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $225,000 | $55,000 | -75.6% | 0.0% |
| Transportation Federal Credit Union | $55,000 | n/a | 0.0% | |
| HealthCare Associates Credit Union | $25,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.0% | |
| First Savings Bank of Hegewisch | $15,000 | n/a | 0.0% |
MICHIGAN CITY - LA PORTE's top lender by overall market share is Horizon Bank, with 12.1% market share. In second place, with 6.8%, is QUICKEN LOANS, LLC, having originated $36,030,000 in loans. In third place, with 4.8%, is Merchants Bank of Indiana, having originated $25,340,000 in loans. In fourth place, with 3.7%, is Centier Bank, having originated $19,510,000 in loans. In fifth place, with 3.5%, is 1st Source Bank, having originated $18,220,000 in loans.
MICHIGAN CITY - LA PORTE Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - MICHIGAN CITY - LA PORTE (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 | $179,900 (37.4%) | $285,635 (4.2%) | 0.00 | 316 |
| 2018-02-01 | $181,200 (24.8%) | $293,424 (2.8%) | 0.00 | 290 |
| 2018-03-01 | $209,950 (22.1%) | $314,589 (3.6%) | 0.00 | 293 |
| 2018-04-01 | $231,450 (25.2%) | $318,956 (2.6%) | 0.00 | 297 |
| 2018-05-01 | $245,450 (5.4%) | $323,876 (-3.8%) | 0.00 | 334 |
| 2018-06-01 | $249,900 (6.4%) | $343,073 (2.5%) | 0.00 | 353 |
| 2018-07-01 | $239,450 (4.2%) | $329,026 (-1.2%) | 0.00 | 378 |
| 2018-08-01 | $237,300 (1.0%) | $316,654 (-4.9%) | 0.00 | 381 |
| 2018-09-01 | $234,900 (5.0%) | $333,333 (2.7%) | 0.00 | 384 |
| 2018-10-01 | $216,763 (3.3%) | $320,587 (2.4%) | 0.00 | 390 |
| 2018-11-01 | $209,725 (12.7%) | $325,362 (8.9%) | 0.00 | 384 |
| 2018-12-01 | $199,900 (16.0%) | $325,333 (13.3%) | 0.00 | 357 |
| 2019-01-01 | $206,425 (14.7%) | $335,135 (17.3%) | 0.00 | 318 |
| 2019-02-01 | $216,675 (19.6%) | $359,656 (22.6%) | 0.00 | 294 |
| 2019-03-01 | $219,186 (4.4%) | $366,607 (16.5%) | 0.00 | 292 |
| 2019-04-01 | $251,550 (8.7%) | $373,919 (17.2%) | 0.00 | 283 |
| 2019-05-01 | $262,675 (7.0%) | $371,816 (14.8%) | 0.00 | 293 |
| 2019-06-01 | $277,900 (11.2%) | $367,416 (7.1%) | 0.00 | 330 |
| 2019-07-01 | $271,375 (13.3%) | $372,488 (13.2%) | 0.00 | 346 |
| 2019-08-01 | $255,155 (7.5%) | $343,514 (8.5%) | 0.00 | 353 |
| 2019-09-01 | $249,386 (6.2%) | $335,869 (0.8%) | 0.00 | 353 |
| 2019-10-01 | $247,216 (14.1%) | $332,195 (3.6%) | 0.00 | 349 |
| 2019-11-01 | $224,900 (7.2%) | $334,062 (2.7%) | 0.00 | 330 |
| 2019-12-01 | $204,800 (2.5%) | $314,634 (-3.3%) | 0.00 | 313 |
| 2020-01-01 | $227,050 (10.0%) | $327,416 (-2.3%) | 0.00 | 288 |
| 2020-02-01 | $245,000 (13.1%) | $339,543 (-5.6%) | 0.00 | 252 |
| 2020-03-01 | $267,975 (22.3%) | $367,218 (0.2%) | 0.00 | 247 |
| 2020-04-01 | $288,975 (14.9%) | $387,546 (3.6%) | 0.00 | 235 |
| 2020-05-01 | $288,900 (10.0%) | $378,959 (1.9%) | 0.00 | 222 |
| 2020-06-01 | $288,975 (4.0%) | $392,821 (6.9%) | 0.00 | 200 |
| 2020-07-01 | $269,500 (-0.7%) | $396,389 (6.4%) | 0.00 | 197 |
| 2020-08-01 | $259,000 (1.5%) | $414,608 (20.7%) | 0.00 | 176 |
| 2020-09-01 | $264,225 (6.0%) | $429,495 (27.9%) | 0.00 | 167 |
| 2020-10-01 | $261,950 (6.0%) | $430,142 (29.5%) | 0.00 | 176 |
| 2020-11-01 | $259,175 (15.2%) | $418,976 (25.4%) | 0.00 | 161 |
| 2020-12-01 | $239,900 (17.1%) | $403,883 (28.4%) | 0.00 | 149 |
| 2021-01-01 | $217,000 (-4.4%) | $367,492 (12.2%) | 0.00 | 159 |
| 2021-02-01 | $208,450 (-14.9%) | $413,293 (21.7%) | 0.00 | 84 |
| 2021-03-01 | $237,200 (-11.5%) | $447,474 (21.9%) | 0.00 | 87 |
| 2021-04-01 | $214,900 (-25.6%) | $409,252 (5.6%) | 0.00 | 97 |
| 2021-05-01 | $166,950 (-42.2%) | $349,013 (-7.9%) | 0.00 | 113 |
| 2021-06-01 | $177,450 (-38.6%) | $347,546 (-11.5%) | 0.00 | 147 |
| 2021-07-01 | $199,900 (-25.8%) | $391,854 (-1.1%) | 0.00 | 157 |
| 2021-08-01 | $186,375 (-28.0%) | $373,027 (-10.0%) | 0.00 | 174 |
| 2021-09-01 | $199,000 (-24.7%) | $386,831 (-9.9%) | 0.00 | 196 |
| 2021-10-01 | $217,400 (-17.0%) | $390,296 (-9.3%) | 0.00 | 196 |
| 2021-11-01 | $212,500 (-18.0%) | $383,201 (-8.5%) | 0.00 | 184 |
| 2021-12-01 | $210,000 (-12.5%) | $387,449 (-4.1%) | 0.00 | 154 |
| 2022-01-01 | $184,950 (-14.8%) | $345,723 (-5.9%) | 0.00 | 126 |
| 2022-02-01 | $188,500 (-9.6%) | $364,269 (-11.9%) | 0.00 | 107 |
| 2022-03-01 | $236,475 (-0.3%) | $408,194 (-8.8%) | 0.00 | 92 |
| 2022-04-01 | $294,450 (37.0%) | $482,428 (17.9%) | 0.00 | 80 |
| 2022-05-01 | $278,475 (66.8%) | $463,201 (32.7%) | 0.00 | 116 |
| 2022-06-01 | $324,950 (83.1%) | $474,094 (36.4%) | 0.00 | 131 |
| 2022-07-01 | $324,900 (62.5%) | $513,238 (31.0%) | 0.00 | 163 |
| 2022-08-01 | $283,700 (52.2%) | $462,423 (24.0%) | 0.00 | 199 |
| 2022-09-01 | $287,000 (44.2%) | $474,880 (22.8%) | 0.00 | 209 |
| 2022-10-01 | $289,900 (33.4%) | $474,792 (21.7%) | 0.00 | 206 |
| 2022-11-01 | $267,000 (25.7%) | $425,900 (11.1%) | 0.00 | 221 |
| 2022-12-01 | $277,000 (31.9%) | $431,698 (11.4%) | 0.00 | 192 |
| 2023-01-01 | $257,722 (39.4%) | $431,014 (24.7%) | 0.00 | 165 |
| 2023-02-01 | $271,950 (44.3%) | $433,692 (19.1%) | 0.00 | 157 |
| 2023-03-01 | $284,450 (20.3%) | $430,264 (5.4%) | 0.00 | 151 |
| 2023-04-01 | $302,400 (2.7%) | $479,579 (-0.6%) | 0.00 | 123 |
| 2023-05-01 | $288,175 (3.5%) | $430,454 (-7.1%) | 0.00 | 146 |
| 2023-06-01 | $275,575 (-15.2%) | $407,444 (-14.1%) | 0.00 | 170 |
| 2023-07-01 | $294,950 (-9.2%) | $426,669 (-16.9%) | 0.00 | 188 |
| 2023-08-01 | $299,450 (5.6%) | $468,313 (1.3%) | 0.00 | 206 |
| 2023-09-01 | $322,495 (12.4%) | $475,026 (0.0%) | 0.00 | 201 |
| 2023-10-01 | $290,000 (0.0%) | $466,162 (-1.8%) | 0.00 | 205 |
| 2023-11-01 | $269,675 (1.0%) | $450,223 (5.7%) | 0.00 | 222 |
| 2023-12-01 | $253,490 (-8.5%) | $430,190 (-0.4%) | 0.00 | 218 |
| 2024-01-01 | $250,995 (-2.6%) | $407,383 (-5.5%) | 0.00 | 196 |
| 2024-02-01 | $249,490 (-8.3%) | $411,452 (-5.1%) | 0.00 | 185 |
| 2024-03-01 | $250,000 (-12.1%) | $425,879 (-1.0%) | 0.00 | 203 |
| 2024-04-01 | $296,500 (-2.0%) | $475,282 (-0.9%) | 0.00 | 177 |
| 2024-05-01 | $299,675 (4.0%) | $475,761 (10.5%) | 0.00 | 200 |
| 2024-06-01 | $309,900 (12.5%) | $463,668 (13.8%) | 0.00 | 206 |
| 2024-07-01 | $306,500 (3.9%) | $447,911 (5.0%) | 0.00 | 219 |
| 2024-08-01 | $299,000 (-0.2%) | $418,920 (-10.6%) | 0.00 | 238 |
| 2024-09-01 | $293,500 (-9.0%) | $417,617 (-12.1%) | 0.00 | 238 |
| 2024-10-01 | $292,750 (1.0%) | $415,899 (-10.8%) | 0.00 | 234 |
| 2024-11-01 | $289,900 (7.5%) | $411,332 (-8.6%) | 0.00 | 232 |
| 2024-12-01 | $279,675 (10.3%) | $397,740 (-7.5%) | 0.00 | 221 |
| 2025-01-01 | $259,450 (3.4%) | $351,532 (-13.7%) | 0.00 | 212 |
| 2025-02-01 | $256,000 (2.6%) | $342,213 (-16.8%) | 0.00 | 219 |
| 2025-03-01 | $289,900 (16.0%) | $427,058 (0.3%) | 0.00 | 200 |
| 2025-04-01 | $294,900 (-0.5%) | $437,970 (-7.9%) | 0.00 | 203 |
| 2025-05-01 | $325,900 (8.8%) | $465,738 (-2.1%) | 0.00 | 226 |
| 2025-06-01 | $328,200 (5.9%) | $482,103 (4.0%) | 0.00 | 241 |
| 2025-07-01 | $327,000 (6.7%) | $475,247 (6.1%) | 0.00 | 264 |
| 2025-08-01 | $320,000 (7.0%) | $465,278 (11.1%) | 0.00 | 277 |
| 2025-09-01 | $299,950 (2.2%) | $446,443 (6.9%) | 0.00 | 304 |
| 2025-10-01 | $299,250 (2.2%) | $420,872 (1.2%) | 0.00 | 301 |
| 2025-11-01 | $298,000 (2.8%) | $402,772 (-2.1%) | 0.00 | 280 |
| 2025-12-01 | $282,100 (0.9%) | $376,642 (-5.3%) | 0.00 | 255 |
| 2026-01-01 | $291,950 (12.5%) | $378,768 (7.8%) | 0.00 | 235 |
| 2026-02-01 | $285,000 (11.3%) | $381,898 (11.6%) | 0.00 | 227 |
| 2026-03-01 | $298,250 (2.9%) | $388,273 (-9.1%) | 0.00 | 207 |
| 2026-04-01 | $304,500 (3.3%) | $399,748 (-8.7%) | 0.00 | 232 |
| 2026-05-01 | $304,900 (-6.4%) | $410,273 (-11.9%) | 0.00 | 249 |
| 2026-06-01 | $311,000 (-5.2%) | $413,325 (-14.3%) | 0.00 | 281 |
| 2026-07-01 | $312,000 (-4.6%) | $394,370 (-17.0%) | 0.00 | 283 |
| 2026-08-01 | $319,900 (0.0%) | $403,952 (-13.2%) | 0.00 | 291 |
| 2026-09-01 | $318,675 (6.2%) | $399,093 (-10.6%) | 0.00 | 300 |
| 2026-10-01 | $317,000 (5.9%) | $407,385 (-3.2%) | 0.00 | 312 |
MICHIGAN CITY - LA PORTE's median listing price for 2026-10-01 was $317,000, a difference of
$17,750
(5.9%) versus the prior year and
$-1,675 versus the prior month.
MICHIGAN CITY - LA PORTE's median listing price comes in at 0% of the national average.
MICHIGAN CITY - LA PORTE's average listing price for 2026-10-01 was $407,385, a difference of $-13,487 (-3.2%) versus the prior year and $8,292 versus the prior month.
For the 2026-10-01 period, MICHIGAN CITY - LA PORTE had 312 MLS listings, a difference of 12 listings (4%) versus the prior month and 11 listings (4%) versus the prior year.
MICHIGAN CITY - LA PORTE's median listing price comes in at 0% of the national average.
MICHIGAN CITY - LA PORTE's average listing price for 2026-10-01 was $407,385, a difference of $-13,487 (-3.2%) versus the prior year and $8,292 versus the prior month.
For the 2026-10-01 period, MICHIGAN CITY - LA PORTE had 312 MLS listings, a difference of 12 listings (4%) versus the prior month and 11 listings (4%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - MICHIGAN CITY - LA PORTE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,862 sqft |
| 2018-02-01 | 0 days | 1,808 sqft |
| 2018-03-01 | 0 days | 1,885 sqft |
| 2018-04-01 | 0 days | 1,900 sqft |
| 2018-05-01 | 0 days | 1,951 sqft |
| 2018-06-01 | 0 days | 2,002 sqft |
| 2018-07-01 | 0 days | 2,020 sqft |
| 2018-08-01 | 0 days | 1,953 sqft |
| 2018-09-01 | 0 days | 1,968 sqft |
| 2018-10-01 | 0 days | 1,956 sqft |
| 2018-11-01 | 0 days | 1,952 sqft |
| 2018-12-01 | 0 days | 1,890 sqft |
| 2019-01-01 | 0 days | 1,928 sqft |
| 2019-02-01 | 0 days | 1,868 sqft |
| 2019-03-01 | 0 days | 1,864 sqft |
| 2019-04-01 | 0 days | 1,882 sqft |
| 2019-05-01 | 0 days | 1,927 sqft |
| 2019-06-01 | 0 days | 1,983 sqft |
| 2019-07-01 | 0 days | 1,989 sqft |
| 2019-08-01 | 0 days | 1,939 sqft |
| 2019-09-01 | 0 days | 1,919 sqft |
| 2019-10-01 | 0 days | 1,913 sqft |
| 2019-11-01 | 0 days | 1,862 sqft |
| 2019-12-01 | 0 days | 1,806 sqft |
| 2020-01-01 | 0 days | 1,868 sqft |
| 2020-02-01 | 0 days | 1,886 sqft |
| 2020-03-01 | 0 days | 1,909 sqft |
| 2020-04-01 | 0 days | 1,998 sqft |
| 2020-05-01 | 0 days | 1,860 sqft |
| 2020-06-01 | 0 days | 1,860 sqft |
| 2020-07-01 | 0 days | 1,851 sqft |
| 2020-08-01 | 0 days | 1,936 sqft |
| 2020-09-01 | 0 days | 1,896 sqft |
| 2020-10-01 | 0 days | 1,880 sqft |
| 2020-11-01 | 0 days | 1,806 sqft |
| 2020-12-01 | 0 days | 1,764 sqft |
| 2021-01-01 | 0 days | 1,782 sqft |
| 2021-02-01 | 0 days | 1,768 sqft |
| 2021-03-01 | 0 days | 1,790 sqft |
| 2021-04-01 | 0 days | 1,781 sqft |
| 2021-05-01 | 0 days | 1,705 sqft |
| 2021-06-01 | 0 days | 1,763 sqft |
| 2021-07-01 | 0 days | 1,808 sqft |
| 2021-08-01 | 0 days | 1,780 sqft |
| 2021-09-01 | 0 days | 1,835 sqft |
| 2021-10-01 | 0 days | 1,839 sqft |
| 2021-11-01 | 0 days | 1,807 sqft |
| 2021-12-01 | 0 days | 1,793 sqft |
| 2022-01-01 | 0 days | 1,746 sqft |
| 2022-02-01 | 0 days | 1,701 sqft |
| 2022-03-01 | 0 days | 1,768 sqft |
| 2022-04-01 | 0 days | 1,934 sqft |
| 2022-05-01 | 0 days | 1,894 sqft |
| 2022-06-01 | 0 days | 1,910 sqft |
| 2022-07-01 | 0 days | 1,928 sqft |
| 2022-08-01 | 0 days | 1,916 sqft |
| 2022-09-01 | 0 days | 2,020 sqft |
| 2022-10-01 | 0 days | 2,006 sqft |
| 2022-11-01 | 0 days | 1,955 sqft |
| 2022-12-01 | 0 days | 1,979 sqft |
| 2023-01-01 | 0 days | 1,938 sqft |
| 2023-02-01 | 0 days | 2,015 sqft |
| 2023-03-01 | 0 days | 2,014 sqft |
| 2023-04-01 | 0 days | 2,014 sqft |
| 2023-05-01 | 0 days | 2,015 sqft |
| 2023-06-01 | 0 days | 1,982 sqft |
| 2023-07-01 | 0 days | 2,011 sqft |
| 2023-08-01 | 0 days | 2,046 sqft |
| 2023-09-01 | 0 days | 2,108 sqft |
| 2023-10-01 | 0 days | 2,018 sqft |
| 2023-11-01 | 0 days | 1,956 sqft |
| 2023-12-01 | 0 days | 1,845 sqft |
| 2024-01-01 | 0 days | 1,774 sqft |
| 2024-02-01 | 0 days | 1,769 sqft |
| 2024-03-01 | 0 days | 1,774 sqft |
| 2024-04-01 | 0 days | 1,978 sqft |
| 2024-05-01 | 0 days | 1,886 sqft |
| 2024-06-01 | 0 days | 2,014 sqft |
| 2024-07-01 | 0 days | 2,015 sqft |
| 2024-08-01 | 0 days | 2,009 sqft |
| 2024-09-01 | 0 days | 2,002 sqft |
| 2024-10-01 | 0 days | 1,925 sqft |
| 2024-11-01 | 0 days | 1,873 sqft |
| 2024-12-01 | 0 days | 1,834 sqft |
| 2025-01-01 | 0 days | 1,665 sqft |
| 2025-02-01 | 0 days | 1,593 sqft |
| 2025-03-01 | 0 days | 1,730 sqft |
| 2025-04-01 | 0 days | 1,763 sqft |
| 2025-05-01 | 0 days | 1,808 sqft |
| 2025-06-01 | 0 days | 1,815 sqft |
| 2025-07-01 | 0 days | 1,853 sqft |
| 2025-08-01 | 0 days | 1,804 sqft |
| 2025-09-01 | 0 days | 1,850 sqft |
| 2025-10-01 | 0 days | 1,808 sqft |
| 2025-11-01 | 0 days | 1,800 sqft |
| 2025-12-01 | 0 days | 1,781 sqft |
| 2026-01-01 | 0 days | 1,762 sqft |
| 2026-02-01 | 0 days | 1,714 sqft |
| 2026-03-01 | 0 days | 1,857 sqft |
| 2026-04-01 | 0 days | 1,824 sqft |
| 2026-05-01 | 0 days | 1,837 sqft |
| 2026-06-01 | 0 days | 1,880 sqft |
| 2026-07-01 | 0 days | 1,894 sqft |
| 2026-08-01 | 0 days | 1,930 sqft |
| 2026-09-01 | 0 days | 1,884 sqft |
| 2026-10-01 | 0 days | 1,939 sqft |
MICHIGAN CITY - LA PORTE's median listing age (time on market) for 2026-10-01 was 0 days.
MICHIGAN CITY - LA PORTE's median square footage for active listings during the 2026-10-01 period was 1,939 sqft. One year prior, the average listing was 1,808 sqft.
MICHIGAN CITY - LA PORTE's median square footage for active listings during the 2026-10-01 period was 1,939 sqft. One year prior, the average listing was 1,808 sqft.
MICHIGAN CITY-LA PORTE, IN Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,087 | $257,595,000 | $236,978 |
| Cash Out Refi | 445 | $79,705,000 | $179,112 |
| Refi | 437 | $138,075,000 | $315,961 |
| Home Improvement | 327 | $29,005,000 | $88,700 |
| Other | 248 | $22,110,000 | $89,153 |
| NA | 2 | $280,000 | $140,000 |
Michigan City - La Porte's most frequently cited loan purpose was Home Purchase, with 1,087 originations. The 2nd most popular reason was Cash Out Refi, with 445 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 951 | $259,755,000 | $273,139 |
| 7-8% | 574 | $101,050,000 | $176,045 |
| Over 8% | 481 | $43,695,000 | $90,842 |
| 5-6% | 461 | $92,455,000 | $200,553 |
| 4-5% | 21 | $6,105,000 | $290,714 |
| <2.5% | 13 | $115,000 | $8,846 |
| 2.5-3% | 9 | $625,000 | $69,444 |
| 3-4% | 2 | $340,000 | $170,000 |
During 2025, Michigan City - La Porte's most frequently originated rate bucket was 6-7%, with 951 originations.
Loan Sizing (MICHIGAN CITY-LA PORTE, IN MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 811 | $119,835,000 | $147,762 |
| $100,000 or less | 798 | $43,080,000 | $53,985 |
| $200k-400k | 743 | $202,515,000 | $272,564 |
| $400k-600k | 121 | $57,665,000 | $476,570 |
| $600k-1000k | 51 | $37,425,000 | $733,824 |
| $Over $1MM | 22 | $66,250,000 | $3,011,364 |
MICHIGAN CITY - LA PORTE's loan sizing saw the bucket of loans from $100k-200k with 811 originations, totaling $119,835,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 829 | $200,965,000 | $242,419 |
| 60-80% | 568 | $170,940,000 | $300,951 |
| 20-40% | 405 | $41,505,000 | $102,481 |
| Under 20% | 377 | $17,125,000 | $45,424 |
| 40-60% | 262 | $51,010,000 | $194,695 |
| Over 100% | 24 | $8,540,000 | $355,833 |
MICHIGAN CITY - LA PORTE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 829 originations, totaling $200,965,000 in origination value.