SAGINAW Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Saginaw averaged
6.58%
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
6.66% and
one month ago for the week of 2023-04-27, the
average rate was 6.32%.
Saginaw's average rate one year ago was 4.89%.
For refis of the same type during the week of 2023-06-01, the average rate
was 6.14%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-06-01 | 6.79% |
| Saginaw 30 Year Fixed Rate | 2023-06-01 | 6.58% |
| Saginaw 30 Year Fixed Rate Refi | 2023-06-01 | 6.14% |
| Saginaw 15 Year Fixed Rate | 2023-06-01 | 6.23% |
| Saginaw 15 Year Fixed Rate Refi | 2023-06-01 | 5.22% |
| Saginaw 30 Year FHA | 2023-06-01 | -0.1% |
| Saginaw 30 Year FHA Refi | 2023-06-01 | -0.2% |
| Saginaw 30 Year USDA | 2023-06-01 | -0.36% |
| Saginaw 30 Year USDA Refi | 2023-06-01 | -0.1% |
| Saginaw 30 Year VA | 2023-06-01 | -0.14% |
| Saginaw 30 Year VA Refi | 2023-06-01 | 0% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SAGINAW, MI.
SAGINAW 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 SAGINAW, 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.).
SAGINAW Average Closing Costs & Other Stats
SAGINAW, MI's 132 lenders originated 3,878
loans during 2022. The total origination value was $630,280,000, with an average loan value of
$162,527.
SAGINAW's average closing costs are $3,495.
The top SAGINAW lender as defined by loan originations is Frankenmuth Credit Union, with
202 loans originated. Their average total fees are
$1,932, which is $3,001
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee SAGINAW lenders (with over 10 loans originated) are
TEAM ONE CREDIT UNION ($882), Frankenmuth Credit Union ($1,932), Wanigas Credit Union ($2,144), Wildfire Credit Union ($2,172) and 1st State Financial, Ltd. ($2,261).
The lowest rate SAGINAW lenders (with over 10 loans originated) are
JPMorgan Chase Bank (4.61%), The Huntington National Bank (4.61%), PNC Bank (4.66%), 1st State Financial, Ltd. (4.69%) and Wildfire Credit Union (4.70%).
SAGINAW, 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 |
|---|---|---|---|---|
| Frankenmuth Credit Union | $120,235,000 | $72,150,000 | -40.0% | 11.4% |
| QUICKEN LOANS, LLC | $85,850,000 | $40,550,000 | -52.8% | 6.4% |
| Merchants Bank of Indiana | $31,745,000 | n/a | 5.0% | |
| The Huntington National Bank | $40,375,000 | $30,000,000 | -25.7% | 4.8% |
| Isabella Bank | $20,370,000 | $22,960,000 | 12.7% | 3.6% |
| LAKE MICHIGAN CREDIT UNION | $35,975,000 | $20,855,000 | -42.0% | 3.3% |
| UNITED WHOLESALE MORTGAGE, LLC | $29,605,000 | $19,515,000 | -34.1% | 3.1% |
| Wildfire Credit Union | $22,540,000 | $17,900,000 | -20.6% | 2.8% |
| 1st State Financial, Ltd. | $41,415,000 | $17,200,000 | -58.5% | 2.7% |
| WALKER & DUNLOP, LLC | $15,030,000 | n/a | 2.4% | |
| ACADEMY MORTGAGE CORPORATION | $16,045,000 | $14,875,000 | -7.3% | 2.4% |
| Independent Bank | $31,910,000 | $13,055,000 | -59.1% | 2.1% |
| DOW CHEMICAL EMPLOYEES' | $21,915,000 | $11,245,000 | -48.7% | 1.8% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $16,450,000 | $11,150,000 | -32.2% | 1.8% |
| GREYSTONE FUNDING COMPANY LLC | $10,745,000 | n/a | 1.7% | |
| MID AMERICA MORTGAGE, INC. | $13,765,000 | $10,730,000 | -22.0% | 1.7% |
| JOLT CREDIT UNION | $18,655,000 | $10,440,000 | -44.0% | 1.7% |
| J. VIRGIL, INC. | $11,355,000 | $10,300,000 | -9.3% | 1.6% |
| Mortgage Research Center, LLC | $10,185,000 | $9,440,000 | -7.3% | 1.5% |
| TEAM ONE CREDIT UNION | $13,670,000 | $8,210,000 | -39.9% | 1.3% |
| Fifth Third Bank | $8,680,000 | $8,065,000 | -7.1% | 1.3% |
| PNC Bank | $9,310,000 | $8,025,000 | -13.8% | 1.3% |
| HEALTH ADVANTAGE FEDERAL CREDIT UNION | $16,995,000 | $7,350,000 | -56.8% | 1.2% |
| Old National Bank | $9,580,000 | $7,130,000 | -25.6% | 1.1% |
| The State Bank | $5,520,000 | $6,955,000 | 26.0% | 1.1% |
| UNITED FINANCIAL Credit Union | $14,730,000 | $6,390,000 | -56.6% | 1.0% |
| JPMorgan Chase Bank | $10,215,000 | $6,100,000 | -40.3% | 1.0% |
| Citizens Bank | $6,325,000 | $6,065,000 | -4.1% | 1.0% |
| Horizon Bank | $1,460,000 | $5,935,000 | 306.5% | 0.9% |
| MORTGAGE 1 INCORPORATED | $7,320,000 | $5,800,000 | -20.8% | 0.9% |
| ADVIA | $5,730,000 | n/a | 0.9% | |
| Mercantile Bank of Michigan | $24,165,000 | $5,085,000 | -79.0% | 0.8% |
| Wanigas Credit Union | $24,260,000 | $5,060,000 | -79.1% | 0.8% |
| ENVOY MORTGAGE, LTD | $9,975,000 | $5,050,000 | -49.4% | 0.8% |
| Preston Home Loans Inc | $1,975,000 | $5,050,000 | 155.7% | 0.8% |
| Comerica Bank | $165,000 | $4,945,000 | 2,897.0% | 0.8% |
| CALIBER HOME LOANS, INC. | $3,735,000 | $4,605,000 | 23.3% | 0.7% |
| LEGEND LENDING CORPORATION | $4,580,000 | n/a | 0.7% | |
| FINANCIAL PLUS CREDIT UNION | $2,580,000 | $4,440,000 | 72.1% | 0.7% |
| Lake Huron Credit Union | $7,900,000 | $4,315,000 | -45.4% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $9,120,000 | $4,075,000 | -55.3% | 0.6% |
| Wells Fargo Bank | $7,950,000 | $4,070,000 | -48.8% | 0.6% |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $1,930,000 | $4,045,000 | 109.6% | 0.6% |
| Flagstar Bank, FSB | $4,740,000 | $3,605,000 | -23.9% | 0.6% |
| Bank of America | $4,435,000 | $3,580,000 | -19.3% | 0.6% |
| LOANDEPOT.COM, LLC | $4,955,000 | $3,015,000 | -39.2% | 0.5% |
| AMERIFIRST FINANCIAL CORPORATION | $6,300,000 | $2,745,000 | -56.4% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $12,470,000 | $2,515,000 | -79.8% | 0.4% |
| GreenStone Farm Credit Services, FLCA | $5,840,000 | $2,465,000 | -57.8% | 0.4% |
| STAUNTON FINANCIAL, INC. | $240,000 | $2,380,000 | 891.7% | 0.4% |
| UNION HOME MORTGAGE CORP. | $9,435,000 | $2,360,000 | -75.0% | 0.4% |
| NAVY FEDERAL CREDIT UNION | $3,865,000 | $2,260,000 | -41.5% | 0.4% |
| PENNYMAC LOAN SERVICES, LLC | $3,030,000 | $2,255,000 | -25.6% | 0.4% |
| CREDIT UNION ONE | $230,000 | $2,000,000 | 769.6% | 0.3% |
| The Dart Bank | $580,000 | $1,985,000 | 242.2% | 0.3% |
| ELGA CREDIT UNION | $3,490,000 | $1,935,000 | -44.6% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $3,240,000 | $1,865,000 | -42.4% | 0.3% |
| PLAZA HOME MORTGAGE, INC. | $480,000 | $1,750,000 | 264.6% | 0.3% |
| USAA Federal Savings Bank | $2,610,000 | $1,745,000 | -33.1% | 0.3% |
| BROKER SOLUTIONS, INC. | $2,895,000 | $1,700,000 | -41.3% | 0.3% |
| HOME POINT FINANCIAL CORPORATION | $2,320,000 | $1,680,000 | -27.6% | 0.3% |
| NEWREZ LLC | $5,160,000 | $1,620,000 | -68.6% | 0.3% |
| ChoiceOne Bank | $355,000 | $1,610,000 | 353.5% | 0.3% |
| First Merchants Bank | $1,450,000 | n/a | 0.2% | |
| GENEVA FINANCIAL, LLC | $1,685,000 | $1,450,000 | -13.9% | 0.2% |
| SECURITY CREDIT UNION | $1,830,000 | $1,430,000 | -21.9% | 0.2% |
| GUARANTEED RATE, INC. | $1,680,000 | $1,425,000 | -15.2% | 0.2% |
| Carrington Mortgage Services, LLC | $3,280,000 | $1,395,000 | -57.5% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,040,000 | $1,355,000 | -33.6% | 0.2% |
| NEW DAY FINANCIAL, LLC | $1,445,000 | $1,285,000 | -11.1% | 0.2% |
| MICHIGAN MUTUAL, INC. | $1,715,000 | $1,260,000 | -26.5% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $855,000 | $1,200,000 | 40.4% | 0.2% |
| Dort Financial Credit Union | $2,725,000 | $1,130,000 | -58.5% | 0.2% |
| Tri-County Bank | $35,000 | $1,095,000 | 3,028.6% | 0.2% |
| MORTGAGE CENTER L.C | $770,000 | $1,070,000 | 39.0% | 0.2% |
| U.S. Bank | $1,420,000 | $1,050,000 | -26.1% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $2,400,000 | $975,000 | -59.4% | 0.2% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $1,010,000 | $945,000 | -6.4% | 0.1% |
| TOWNE MORTGAGE COMPANY | $1,185,000 | $935,000 | -21.1% | 0.1% |
| SOUTHWEST FUNDING, LP | $840,000 | $920,000 | 9.5% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $930,000 | $915,000 | -1.6% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $1,400,000 | $910,000 | -35.0% | 0.1% |
| ROSS MORTGAGE CORPORATION | $1,085,000 | $910,000 | -16.1% | 0.1% |
| CONSUMERS | $145,000 | $905,000 | 524.1% | 0.1% |
| Goldman Sachs Bank USA | $885,000 | n/a | 0.1% | |
| Thumb Bank and Trust | $35,000 | $850,000 | 2,328.6% | 0.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,480,000 | $845,000 | -42.9% | 0.1% |
| AMERICAN FINANCING CORPORATION | $1,060,000 | $810,000 | -23.6% | 0.1% |
| ARBOR FINANCIAL CREDIT UNION | $255,000 | $785,000 | 207.8% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $200,000 | $775,000 | 287.5% | 0.1% |
| UNIVERSITY OF MICHIGAN CREDIT UNION | $145,000 | $700,000 | 382.8% | 0.1% |
| GENISYS | $2,000,000 | $670,000 | -66.5% | 0.1% |
| First Dakota National Bank | $665,000 | n/a | 0.1% | |
| Neighborhood Loans, Inc. | $105,000 | $665,000 | 533.3% | 0.1% |
| The Federal Savings Bank | $275,000 | $665,000 | 141.8% | 0.1% |
| United Bay Community Credit Union | $1,975,000 | $665,000 | -66.3% | 0.1% |
| 21ST MORTGAGE CORPORATION | $665,000 | $640,000 | -3.8% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $610,000 | $640,000 | 4.9% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $410,000 | $635,000 | 54.9% | 0.1% |
| MEMBERS FIRST Credit Union | $2,000,000 | $620,000 | -69.0% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $385,000 | $610,000 | 58.4% | 0.1% |
| Discover Bank | $580,000 | n/a | 0.1% | |
| BLG HOLDINGS, INC. | $1,000,000 | $565,000 | -43.5% | 0.1% |
| BETTER MORTGAGE CORPORATION | $2,075,000 | $560,000 | -73.0% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $1,085,000 | $515,000 | -52.5% | 0.1% |
| First State Bank | $345,000 | $470,000 | 36.2% | 0.1% |
| DAS Acquisition Company, LLC | $320,000 | $445,000 | 39.1% | 0.1% |
| EVERETT FINANCIAL, INC. | $430,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $175,000 | $395,000 | 125.7% | 0.1% |
| VAN DYK MORTGAGE CORPORATION | $785,000 | $390,000 | -50.3% | 0.1% |
| The Central Trust Bank | $345,000 | $375,000 | 8.7% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $235,000 | $370,000 | 57.4% | 0.1% |
| M&T Bank | $425,000 | $365,000 | -14.1% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $1,390,000 | $360,000 | -74.1% | 0.1% |
| COPOCO Community Credit Union | $1,035,000 | $355,000 | -65.7% | 0.1% |
| CLEARPATH LENDING | $675,000 | $350,000 | -48.1% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $345,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $680,000 | $340,000 | -50.0% | 0.1% |
| BAYSHORE MORTGAGE FUNDING, LLC | $210,000 | $335,000 | 59.5% | 0.1% |
| RUOFF MORTGAGE COMPANY, INC. | $1,095,000 | $330,000 | -69.9% | 0.1% |
| CMG MORTGAGE, INC. | $185,000 | $320,000 | 73.0% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $310,000 | n/a | 0.0% | |
| Citibank | $105,000 | $305,000 | 190.5% | 0.0% |
| VIBE CREDIT UNION | $95,000 | $305,000 | 221.1% | 0.0% |
| MICHIGAN SCHOOLS AND GOVERNMENT | $765,000 | $295,000 | -61.4% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $285,000 | n/a | 0.0% | |
| FinancialEdge Community Credit Union | $1,800,000 | $285,000 | -84.2% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $560,000 | $280,000 | -50.0% | 0.0% |
| First Guaranty Mortgage Corporation | $2,225,000 | $275,000 | -87.6% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $490,000 | $270,000 | -44.9% | 0.0% |
| HOMESITE MORTGAGE, LLC | $270,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $665,000 | $265,000 | -60.2% | 0.0% |
| NEW ENGLAND FEDERAL CREDIT UNION | $265,000 | n/a | 0.0% | |
| OAKTREE FUNDING CORP. | $265,000 | n/a | 0.0% | |
| Wyndham Capital Mortgage, Inc. | $145,000 | $265,000 | 82.8% | 0.0% |
| COMMUNITY FINANCIAL CREDIT UNION | $430,000 | $255,000 | -40.7% | 0.0% |
| Figure Lending LLC | $325,000 | $255,000 | -21.5% | 0.0% |
| Midwest BankCentre | $255,000 | n/a | 0.0% | |
| Paramount Residential Mortgage Group, Inc. | $1,040,000 | $255,000 | -75.5% | 0.0% |
| Ally Bank | $1,315,000 | $240,000 | -81.7% | 0.0% |
| Servion, Inc. | $290,000 | $240,000 | -17.2% | 0.0% |
| STOCKTON MORTGAGE CORPORATION | $575,000 | $230,000 | -60.0% | 0.0% |
| AMERICAN ADVISORS GROUP | $240,000 | $225,000 | -6.3% | 0.0% |
| Northstar Bank | $300,000 | $225,000 | -25.0% | 0.0% |
| UBS Bank USA | $225,000 | n/a | 0.0% | |
| VILLAGE CAPITAL MORTGAGE | $1,450,000 | $225,000 | -84.5% | 0.0% |
| First Savings Bank | $1,025,000 | $215,000 | -79.0% | 0.0% |
| Bethpage Federal Credit Union | $205,000 | n/a | 0.0% | |
| Low VA Rates, LLC | $125,000 | $205,000 | 64.0% | 0.0% |
| NBKC BANK | $95,000 | $195,000 | 105.3% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $175,000 | n/a | 0.0% | |
| LOANPAL, LLC | $175,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $265,000 | $175,000 | -34.0% | 0.0% |
| SUNRISE FAMILY CREDIT UNION | $830,000 | $175,000 | -78.9% | 0.0% |
| Bank of England | $320,000 | $170,000 | -46.9% | 0.0% |
| Great Southern Bank | $165,000 | n/a | 0.0% | |
| UNIVERSITY LENDING GROUP, LLC | $160,000 | n/a | 0.0% | |
| MORTGAGE ACCESS CORP. | $155,000 | n/a | 0.0% | |
| NORTHERN MORTGAGE SERVICES, LLC | $265,000 | $155,000 | -41.5% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $310,000 | $145,000 | -53.2% | 0.0% |
| GUILD MORTGAGE COMPANY | $145,000 | n/a | 0.0% | |
| FAY SERVICING, LLC | $140,000 | n/a | 0.0% | |
| LAFCU | $35,000 | $140,000 | 300.0% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $1,600,000 | $135,000 | -91.6% | 0.0% |
| North American Savings Bank, F.S.B. | $135,000 | n/a | 0.0% | |
| Sunflower Bank | $1,665,000 | $135,000 | -91.9% | 0.0% |
| THE ANDERSON FINANCIAL GROUP, INC. | $205,000 | $135,000 | -34.1% | 0.0% |
| Consumers Professional Credit Union | $130,000 | n/a | 0.0% | |
| Arvest Bank | $125,000 | $125,000 | 0.0% | 0.0% |
| Secured Investment Corp. | $125,000 | n/a | 0.0% | |
| ARC HOME LLC | $115,000 | n/a | 0.0% | |
| First National Bank of America | $415,000 | $115,000 | -72.3% | 0.0% |
| Hometown Lenders, Inc. | $55,000 | $115,000 | 109.1% | 0.0% |
| V.I.P. MORTGAGE, INC. | $115,000 | n/a | 0.0% | |
| Northpointe Bank | $270,000 | $110,000 | -59.3% | 0.0% |
| AMERICAN MORTGAGE SERVICE COMPANY | $375,000 | $105,000 | -72.0% | 0.0% |
| GUARANTY HOME MORTGAGE CORPORATION | $105,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $55,000 | $105,000 | 90.9% | 0.0% |
| Magnolia Bank | $315,000 | $105,000 | -66.7% | 0.0% |
| PHH Mortgage Corporation | $460,000 | $105,000 | -77.2% | 0.0% |
| RBC Bank, (Georgia) | $105,000 | n/a | 0.0% | |
| State Department Federal Credit Union | $105,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $340,000 | $105,000 | -69.1% | 0.0% |
| MMS MORTGAGE SERVICES, LTD. | $170,000 | $85,000 | -50.0% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $85,000 | n/a | 0.0% | |
| BM Real Estate Services, Inc. | $145,000 | $75,000 | -48.3% | 0.0% |
| Cornerstone First Mortgage, Inc | $75,000 | n/a | 0.0% | |
| MICHIGAN FIRST CREDIT UNION | $70,000 | n/a | 0.0% | |
| TEACHERS CREDIT UNION | $65,000 | n/a | 0.0% | |
| Commercial Bank | $435,000 | $55,000 | -87.4% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $55,000 | n/a | 0.0% | |
| PFCU | $95,000 | $45,000 | -52.6% | 0.0% |
| PLANET HOME LENDING, LLC | $310,000 | $45,000 | -85.5% | 0.0% |
| Lake Trust Credit Union | $70,000 | $35,000 | -50.0% | 0.0% |
| Christian Financial Credit Union | $25,000 | n/a | 0.0% | |
| COMMUNITY CHOICE CREDIT UNION | $25,000 | n/a | 0.0% | |
| Meijer Credit Union | $15,000 | n/a | 0.0% |
SAGINAW's top lender by overall market share is Frankenmuth Credit Union, with 11.4% market share. In second place, with 6.4%, is QUICKEN LOANS, LLC, having originated $40,550,000 in loans. In third place, with 5.0%, is Merchants Bank of Indiana, having originated $31,745,000 in loans. In fourth place, with 4.8%, is The Huntington National Bank, having originated $30,000,000 in loans. In fifth place, with 3.6%, is Isabella Bank, having originated $22,960,000 in loans.
SAGINAW Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - SAGINAW (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 | $89,450 (-6.4%) | $128,582 (-0.3%) | 0.33 | 563 |
| 2018-02-01 | $86,225 (-10.6%) | $129,103 (0.7%) | 0.31 | 543 |
| 2018-03-01 | $87,063 (-3.2%) | $130,981 (1.5%) | 0.31 | 517 |
| 2018-04-01 | $98,900 (8.4%) | $136,482 (3.8%) | 0.34 | 491 |
| 2018-05-01 | $107,400 (4.9%) | $148,504 (7.3%) | 0.36 | 478 |
| 2018-06-01 | $112,450 (6.4%) | $153,051 (9.9%) | 0.38 | 514 |
| 2018-07-01 | $117,075 (6.5%) | $154,973 (12.5%) | 0.39 | 539 |
| 2018-08-01 | $114,900 (4.5%) | $150,892 (8.8%) | 0.38 | 570 |
| 2018-09-01 | $119,900 (9.1%) | $156,322 (10.5%) | 0.40 | 601 |
| 2018-10-01 | $123,125 (22.6%) | $156,617 (13.8%) | 0.42 | 590 |
| 2018-11-01 | $122,250 (23.2%) | $153,680 (13.7%) | 0.41 | 567 |
| 2018-12-01 | $119,900 (27.6%) | $151,128 (14.9%) | 0.41 | 540 |
| 2019-01-01 | $116,125 (29.8%) | $147,294 (14.6%) | 0.40 | 480 |
| 2019-02-01 | $119,900 (39.1%) | $149,555 (15.8%) | 0.41 | 425 |
| 2019-03-01 | $122,900 (41.2%) | $157,765 (20.5%) | 0.40 | 382 |
| 2019-04-01 | $128,400 (29.8%) | $164,605 (20.6%) | 0.41 | 358 |
| 2019-05-01 | $132,113 (23.0%) | $173,453 (16.8%) | 0.41 | 394 |
| 2019-06-01 | $129,900 (15.5%) | $165,738 (8.3%) | 0.41 | 460 |
| 2019-07-01 | $129,250 (10.4%) | $172,181 (11.1%) | 0.40 | 477 |
| 2019-08-01 | $127,882 (11.3%) | $170,431 (13.0%) | 0.41 | 511 |
| 2019-09-01 | $126,205 (5.3%) | $165,642 (6.0%) | 0.40 | 526 |
| 2019-10-01 | $125,086 (1.6%) | $162,502 (3.8%) | 0.40 | 535 |
| 2019-11-01 | $119,950 (-1.9%) | $156,573 (1.9%) | 0.39 | 522 |
| 2019-12-01 | $119,900 (0.0%) | $154,498 (2.2%) | 0.40 | 459 |
| 2020-01-01 | $116,749 (0.5%) | $150,676 (2.3%) | 0.39 | 403 |
| 2020-02-01 | $107,700 (-10.2%) | $145,034 (-3.0%) | 0.35 | 368 |
| 2020-03-01 | $109,400 (-11.0%) | $152,429 (-3.4%) | 0.34 | 306 |
| 2020-04-01 | $119,900 (-6.6%) | $156,642 (-4.8%) | 0.38 | 290 |
| 2020-05-01 | $124,900 (-5.5%) | $166,473 (-4.0%) | 0.38 | 262 |
| 2020-06-01 | $130,425 (0.4%) | $182,082 (9.9%) | 0.38 | 212 |
| 2020-07-01 | $129,650 (0.3%) | $184,224 (7.0%) | 0.38 | 204 |
| 2020-08-01 | $139,900 (9.4%) | $195,366 (14.6%) | 0.40 | 215 |
| 2020-09-01 | $131,650 (4.3%) | $196,092 (18.4%) | 0.38 | 249 |
| 2020-10-01 | $130,900 (4.7%) | $205,458 (26.4%) | 0.38 | 262 |
| 2020-11-01 | $132,400 (10.4%) | $187,504 (19.8%) | 0.39 | 240 |
| 2020-12-01 | $124,400 (3.8%) | $178,749 (15.7%) | 0.37 | 211 |
| 2021-01-01 | $102,400 (-12.3%) | $171,314 (13.7%) | 0.31 | 162 |
| 2021-02-01 | $113,600 (5.5%) | $188,343 (29.9%) | 0.33 | 140 |
| 2021-03-01 | $105,250 (-3.8%) | $173,697 (14.0%) | 0.30 | 125 |
| 2021-04-01 | $112,300 (-6.3%) | $187,637 (19.8%) | 0.30 | 114 |
| 2021-05-01 | $137,450 (10.1%) | $214,484 (28.8%) | 0.37 | 135 |
| 2021-06-01 | $137,150 (5.2%) | $202,650 (11.3%) | 0.36 | 191 |
| 2021-07-01 | $139,900 (7.9%) | $196,172 (6.5%) | 0.37 | 231 |
| 2021-08-01 | $141,900 (1.4%) | $192,856 (-1.3%) | 0.38 | 282 |
| 2021-09-01 | $117,475 (-10.8%) | $174,006 (-11.3%) | 0.31 | 297 |
| 2021-10-01 | $119,900 (-8.4%) | $181,138 (-11.8%) | 0.32 | 303 |
| 2021-11-01 | $122,400 (-7.6%) | $179,884 (-4.1%) | 0.33 | 312 |
| 2021-12-01 | $114,800 (-7.7%) | $177,845 (-0.5%) | 0.31 | 281 |
| 2022-01-01 | $99,900 (-2.4%) | $170,594 (-0.4%) | 0.27 | 220 |
| 2022-02-01 | $105,325 (-7.3%) | $181,830 (-3.5%) | 0.27 | 194 |
| 2022-03-01 | $116,200 (10.4%) | $187,473 (7.9%) | 0.29 | 182 |
| 2022-04-01 | $146,400 (30.4%) | $210,864 (12.4%) | 0.35 | 166 |
| 2022-05-01 | $145,925 (6.2%) | $198,236 (-7.6%) | 0.33 | 178 |
| 2022-06-01 | $148,650 (8.4%) | $207,046 (2.2%) | 0.33 | 216 |
| 2022-07-01 | $166,500 (19.0%) | $227,832 (16.1%) | 0.38 | 256 |
| 2022-08-01 | $159,675 (12.5%) | $216,297 (12.2%) | 0.37 | 321 |
| 2022-09-01 | $155,000 (31.9%) | $206,203 (18.5%) | 0.36 | 318 |
| 2022-10-01 | $159,900 (33.4%) | $207,741 (14.7%) | 0.38 | 309 |
| 2022-11-01 | $139,900 (14.3%) | $198,285 (10.2%) | 0.34 | 313 |
| 2022-12-01 | $149,900 (30.6%) | $202,487 (13.9%) | 0.37 | 266 |
| 2023-01-01 | $147,400 (47.6%) | $201,289 (18.0%) | 0.37 | 235 |
| 2023-02-01 | $131,225 (24.6%) | $202,041 (11.1%) | 0.32 | 209 |
| 2023-03-01 | $127,400 (9.6%) | $207,008 (10.4%) | 0.30 | 190 |
| 2023-04-01 | $149,000 (1.8%) | $219,364 (4.0%) | 0.35 | 185 |
| 2023-05-01 | $143,250 (-1.8%) | $214,033 (8.0%) | 0.32 | 197 |
SAGINAW's median listing price for 2023-05-01 was $143,250, a difference of
$-2,675
(-1.8%) versus the prior year and
$-5,750 versus the prior month.
SAGINAW's median listing price comes in at 32% of the national average.
SAGINAW's average listing price for 2023-05-01 was $214,033, a difference of $15,797 (8.0%) versus the prior year and $-5,331 versus the prior month.
For the 2023-05-01 period, SAGINAW had 197 MLS listings, a difference of 12 listings (6%) versus the prior month and 19 listings (11%) versus the prior year.
SAGINAW's median listing price comes in at 32% of the national average.
SAGINAW's average listing price for 2023-05-01 was $214,033, a difference of $15,797 (8.0%) versus the prior year and $-5,331 versus the prior month.
For the 2023-05-01 period, SAGINAW had 197 MLS listings, a difference of 12 listings (6%) versus the prior month and 19 listings (11%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - SAGINAW (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 81 days | 1,451 sqft |
| 2018-02-01 | 81 days | 1,429 sqft |
| 2018-03-01 | 68 days | 1,448 sqft |
| 2018-04-01 | 64 days | 1,460 sqft |
| 2018-05-01 | 49 days | 1,481 sqft |
| 2018-06-01 | 45 days | 1,512 sqft |
| 2018-07-01 | 48 days | 1,539 sqft |
| 2018-08-01 | 45 days | 1,508 sqft |
| 2018-09-01 | 51 days | 1,469 sqft |
| 2018-10-01 | 51 days | 1,536 sqft |
| 2018-11-01 | 59 days | 1,532 sqft |
| 2018-12-01 | 73 days | 1,520 sqft |
| 2019-01-01 | 80 days | 1,479 sqft |
| 2019-02-01 | 83 days | 1,519 sqft |
| 2019-03-01 | 72 days | 1,521 sqft |
| 2019-04-01 | 59 days | 1,535 sqft |
| 2019-05-01 | 40 days | 1,530 sqft |
| 2019-06-01 | 37 days | 1,521 sqft |
| 2019-07-01 | 44 days | 1,575 sqft |
| 2019-08-01 | 48 days | 1,563 sqft |
| 2019-09-01 | 50 days | 1,545 sqft |
| 2019-10-01 | 53 days | 1,533 sqft |
| 2019-11-01 | 58 days | 1,520 sqft |
| 2019-12-01 | 71 days | 1,531 sqft |
| 2020-01-01 | 78 days | 1,508 sqft |
| 2020-02-01 | 74 days | 1,453 sqft |
| 2020-03-01 | 61 days | 1,472 sqft |
| 2020-04-01 | 73 days | 1,480 sqft |
| 2020-05-01 | 74 days | 1,456 sqft |
| 2020-06-01 | 39 days | 1,539 sqft |
| 2020-07-01 | 32 days | 1,547 sqft |
| 2020-08-01 | 29 days | 1,578 sqft |
| 2020-09-01 | 26 days | 1,561 sqft |
| 2020-10-01 | 31 days | 1,568 sqft |
| 2020-11-01 | 37 days | 1,521 sqft |
| 2020-12-01 | 45 days | 1,489 sqft |
| 2021-01-01 | 47 days | 1,422 sqft |
| 2021-02-01 | 44 days | 1,434 sqft |
| 2021-03-01 | 37 days | 1,390 sqft |
| 2021-04-01 | 25 days | 1,396 sqft |
| 2021-05-01 | 17 days | 1,486 sqft |
| 2021-06-01 | 22 days | 1,460 sqft |
| 2021-07-01 | 24 days | 1,418 sqft |
| 2021-08-01 | 28 days | 1,469 sqft |
| 2021-09-01 | 35 days | 1,399 sqft |
| 2021-10-01 | 39 days | 1,404 sqft |
| 2021-11-01 | 46 days | 1,385 sqft |
| 2021-12-01 | 54 days | 1,367 sqft |
| 2022-01-01 | 66 days | 1,317 sqft |
| 2022-02-01 | 69 days | 1,353 sqft |
| 2022-03-01 | 40 days | 1,364 sqft |
| 2022-04-01 | 30 days | 1,454 sqft |
| 2022-05-01 | 24 days | 1,419 sqft |
| 2022-06-01 | 26 days | 1,450 sqft |
| 2022-07-01 | 30 days | 1,522 sqft |
| 2022-08-01 | 31 days | 1,498 sqft |
| 2022-09-01 | 42 days | 1,456 sqft |
| 2022-10-01 | 46 days | 1,493 sqft |
| 2022-11-01 | 45 days | 1,473 sqft |
| 2022-12-01 | 53 days | 1,472 sqft |
| 2023-01-01 | 54 days | 1,494 sqft |
| 2023-02-01 | 61 days | 1,483 sqft |
| 2023-03-01 | 58 days | 1,462 sqft |
| 2023-04-01 | 54 days | 1,552 sqft |
| 2023-05-01 | 35 days | 1,549 sqft |
SAGINAW's median listing age (time on market) for 2023-05-01 was 35 days.
This
is 46%
longer
than the same period one year ago.
SAGINAW's median square footage for active listings during the 2023-05-01 period was 1,549 sqft. One year prior, the average listing was 1,419 sqft.
SAGINAW's median square footage for active listings during the 2023-05-01 period was 1,549 sqft. One year prior, the average listing was 1,419 sqft.
SAGINAW, MI Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 48415 | Saginaw, MI | $570 | $650 | $860 | $1,070 | $1,170 |
| 48417 | Saginaw, MI | $680 | $780 | $1,020 | $1,270 | $1,380 |
| 48420 | Saginaw, MI | $500 | $600 | $760 | $950 | $1,030 |
| 48457 | Saginaw, MI | $550 | $640 | $820 | $1,030 | $1,110 |
| 48460 | Saginaw, MI | $550 | $580 | $760 | $990 | $1,070 |
| 48601 | Saginaw, MI | $510 | $590 | $770 | $960 | $1,040 |
| 48602 | Saginaw, MI | $520 | $600 | $790 | $990 | $1,070 |
| 48603 | Saginaw, MI | $640 | $730 | $960 | $1,200 | $1,300 |
| 48604 | Saginaw, MI | $600 | $680 | $900 | $1,130 | $1,220 |
| 48605 | Saginaw, MI | $550 | $630 | $830 | $1,040 | $1,130 |
| 48606 | Saginaw, MI | $550 | $630 | $830 | $1,040 | $1,130 |
| 48607 | Saginaw, MI | $520 | $600 | $790 | $990 | $1,070 |
| 48608 | Saginaw, MI | $550 | $630 | $830 | $1,040 | $1,130 |
| 48609 | Saginaw, MI | $500 | $580 | $760 | $950 | $1,030 |
| 48614 | Saginaw, MI | $600 | $690 | $910 | $1,140 | $1,230 |
| 48616 | Saginaw, MI | $520 | $580 | $760 | $950 | $1,030 |
| 48623 | Saginaw, MI | $700 | $800 | $1,060 | $1,330 | $1,450 |
| 48626 | Saginaw, MI | $500 | $580 | $760 | $1,060 | $1,190 |
| 48637 | Saginaw, MI | $560 | $640 | $850 | $1,070 | $1,190 |
| 48638 | Saginaw, MI | $550 | $630 | $830 | $1,040 | $1,130 |
| 48649 | Saginaw, MI | $540 | $620 | $810 | $1,010 | $1,100 |
| 48655 | Saginaw, MI | $520 | $600 | $790 | $990 | $1,070 |
| 48708 | Saginaw, MI | $500 | $590 | $760 | $1,000 | $1,080 |
| 48722 | Saginaw, MI | $500 | $580 | $760 | $950 | $1,030 |
| 48724 | Saginaw, MI | $580 | $660 | $860 | $1,080 | $1,170 |
| 48734 | Saginaw, MI | $500 | $580 | $760 | $950 | $1,030 |
| 48747 | Saginaw, MI | $630 | $740 | $950 | $1,240 | $1,350 |
| 48757 | Saginaw, MI | $500 | $580 | $760 | $950 | $1,030 |
| 48768 | Saginaw, MI | $550 | $630 | $830 | $1,040 | $1,130 |
| 48807 | Saginaw, MI | $640 | $670 | $820 | $1,060 | $1,140 |
| 48831 | Saginaw, MI | $640 | $670 | $830 | $1,070 | $1,140 |
| 48841 | Saginaw, MI | $650 | $750 | $990 | $1,230 | $1,350 |
| 48867 | Saginaw, MI | $570 | $580 | $760 | $1,010 | $1,090 |
2022 Average & Median Rent Data Statistics
SAGINAW, MI average 1BR rent: $639, median: $630
SAGINAW, MI average 2BR rent: $834, median: $820
SAGINAW, MI average 3BR rent: $1,055, median: $1,040
SAGINAW, MI Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,108 | $394,270,000 | $187,035 |
| Cash Out Refi | 748 | $95,380,000 | $127,513 |
| Refi | 423 | $98,055,000 | $231,809 |
| Home Improvement | 376 | $24,400,000 | $64,894 |
| Other | 221 | $18,115,000 | $81,968 |
| NA | 2 | $60,000 | $30,000 |
Saginaw's most frequently cited loan purpose was Home Purchase, with 2,108 originations. The 2nd most popular reason was Cash Out Refi, with 748 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 1,058 | $165,640,000 | $156,560 |
| 4-5% | 815 | $164,745,000 | $202,141 |
| 3-4% | 774 | $143,000,000 | $184,755 |
| 6-7% | 560 | $79,520,000 | $142,000 |
| 7-8% | 225 | $24,045,000 | $106,867 |
| 2.5-3% | 180 | $28,540,000 | $158,556 |
| <2.5% | 120 | $13,290,000 | $110,750 |
| Over 8% | 97 | $6,145,000 | $63,351 |
During 2022, Saginaw's most frequently originated rate bucket was 5-6%, with 1,058 originations.
Loan Sizing (SAGINAW, MI MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 1,599 | $93,205,000 | $58,290 |
| $100k-200k | 1,545 | $217,585,000 | $140,832 |
| $200k-400k | 601 | $159,715,000 | $265,749 |
| $400k-600k | 86 | $41,020,000 | $476,977 |
| $600k-1000k | 25 | $18,165,000 | $726,600 |
| $Over $1MM | 22 | $100,590,000 | $4,572,273 |
SAGINAW's loan sizing saw the bucket of loans from $100,000 or less with 1,599 originations, totaling $93,205,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,737 | $294,285,000 | $169,421 |
| 60-80% | 994 | $227,230,000 | $228,602 |
| 40-60% | 392 | $51,860,000 | $132,296 |
| 20-40% | 379 | $29,375,000 | $77,507 |
| Under 20% | 274 | $8,750,000 | $31,934 |
| Over 100% | 38 | $7,590,000 | $199,737 |
SAGINAW's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,737 originations, totaling $294,285,000 in origination value.