WARREN - TROY - FARMINGTON HILLS Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Warren - Troy - Farmington Hills averaged
6.66%
for the week of 2025-05-01, compared to the national average of
6.76% for the same period.
The average rate for the prior week (2025-04-24) was
6.71% and
one month ago for the week of 2025-03-27, the
average rate was 6.65%.
Warren - Troy - Farmington Hills's average rate one year ago was 7.07%.
For refis of the same type during the week of 2025-05-01, the average rate
was 7.56%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-05-01 | 6.76% |
| Warren - Troy - Farmington Hills 30 Year Fixed Rate | 2025-05-01 | 6.66% |
| Warren - Troy - Farmington Hills 30 Year Fixed Rate Refi | 2025-05-01 | 7.56% |
| Warren - Troy - Farmington Hills 15 Year Fixed Rate | 2025-05-01 | 5.72% |
| Warren - Troy - Farmington Hills 15 Year Fixed Rate Refi | 2025-05-01 | 6.52% |
| Warren - Troy - Farmington Hills 30 Year FHA | 2025-05-01 | 6.61% |
| Warren - Troy - Farmington Hills 30 Year FHA Refi | 2025-05-01 | 6.51% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within WARREN-TROY-FARMINGTON HILLS, MI.
WARREN - TROY - FARMINGTON HILLS 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 WARREN-TROY-FARMINGTON HILLS, 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.).
| Name | # of Loans | 2024 Avg. 30yFix Rate | 2024 Avg. Closing Costs |
|---|
WARREN-TROY-FARMINGTON HILLS, 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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|
WARREN - TROY - FARMINGTON HILLS Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - WARREN - TROY - FARMINGTON HILLS (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 | $199,900 (7.3%) | $309,612 (5.3%) | 0.74 | 9,943 |
| 2018-02-01 | $205,995 (7.1%) | $318,931 (6.5%) | 0.75 | 9,273 |
| 2018-03-01 | $224,900 (5.9%) | $338,115 (8.3%) | 0.79 | 9,085 |
| 2018-04-01 | $242,450 (7.8%) | $343,602 (5.1%) | 0.82 | 9,494 |
| 2018-05-01 | $249,900 (6.6%) | $348,798 (3.2%) | 0.83 | 10,499 |
| 2018-06-01 | $252,900 (7.4%) | $353,472 (3.9%) | 0.84 | 11,784 |
| 2018-07-01 | $249,900 (6.3%) | $346,109 (2.7%) | 0.83 | 12,982 |
| 2018-08-01 | $244,950 (8.1%) | $336,207 (2.9%) | 0.82 | 14,306 |
| 2018-09-01 | $239,900 (6.6%) | $334,438 (2.9%) | 0.81 | 14,961 |
| 2018-10-01 | $231,200 (4.4%) | $326,445 (1.2%) | 0.78 | 14,884 |
| 2018-11-01 | $225,000 (4.1%) | $318,682 (0.1%) | 0.76 | 14,432 |
| 2018-12-01 | $219,900 (4.8%) | $314,529 (-0.2%) | 0.76 | 13,257 |
| 2019-01-01 | $218,750 (9.4%) | $313,352 (1.2%) | 0.76 | 12,164 |
| 2019-02-01 | $219,950 (6.8%) | $317,074 (-0.6%) | 0.74 | 11,497 |
| 2019-03-01 | $232,814 (3.5%) | $329,700 (-2.5%) | 0.76 | 11,352 |
| 2019-04-01 | $250,400 (3.3%) | $345,434 (0.5%) | 0.80 | 11,489 |
| 2019-05-01 | $259,900 (4.0%) | $351,994 (0.9%) | 0.81 | 12,361 |
| 2019-06-01 | $262,000 (3.6%) | $350,214 (-0.9%) | 0.82 | 13,709 |
| 2019-07-01 | $259,900 (4.0%) | $344,100 (-0.6%) | 0.81 | 14,991 |
| 2019-08-01 | $253,355 (3.4%) | $337,148 (0.3%) | 0.80 | 15,527 |
| 2019-09-01 | $243,536 (1.5%) | $328,224 (-1.9%) | 0.78 | 15,830 |
| 2019-10-01 | $236,991 (2.5%) | $321,800 (-1.4%) | 0.76 | 15,906 |
| 2019-11-01 | $229,900 (2.2%) | $317,760 (-0.3%) | 0.75 | 14,872 |
| 2019-12-01 | $224,900 (2.3%) | $311,265 (-1.0%) | 0.75 | 13,036 |
| 2020-01-01 | $219,950 (0.6%) | $310,516 (-0.9%) | 0.74 | 11,629 |
| 2020-02-01 | $222,500 (1.2%) | $315,616 (-0.5%) | 0.73 | 10,735 |
| 2020-03-01 | $237,950 (2.2%) | $329,604 (0.0%) | 0.75 | 10,379 |
| 2020-04-01 | $244,018 (-2.6%) | $333,336 (-3.5%) | 0.76 | 9,897 |
| 2020-05-01 | $249,900 (-3.9%) | $338,741 (-3.8%) | 0.76 | 10,721 |
| 2020-06-01 | $272,725 (4.1%) | $365,221 (4.3%) | 0.80 | 10,264 |
| 2020-07-01 | $278,500 (7.2%) | $374,380 (8.8%) | 0.81 | 9,833 |
| 2020-08-01 | $274,900 (8.5%) | $373,983 (10.9%) | 0.79 | 9,310 |
| 2020-09-01 | $269,950 (10.9%) | $373,511 (13.8%) | 0.77 | 8,991 |
| 2020-10-01 | $265,000 (11.8%) | $373,840 (16.2%) | 0.76 | 8,483 |
| 2020-11-01 | $254,950 (10.9%) | $373,438 (17.5%) | 0.75 | 7,676 |
| 2020-12-01 | $249,950 (11.1%) | $370,831 (19.1%) | 0.74 | 6,753 |
| 2021-01-01 | $249,900 (13.6%) | $372,979 (20.1%) | 0.75 | 5,689 |
| 2021-02-01 | $250,000 (12.4%) | $388,722 (23.2%) | 0.73 | 4,730 |
| 2021-03-01 | $266,294 (11.9%) | $398,162 (20.8%) | 0.76 | 4,596 |
| 2021-04-01 | $269,950 (10.6%) | $405,925 (21.8%) | 0.73 | 4,725 |
| 2021-05-01 | $279,900 (12.0%) | $409,975 (21.0%) | 0.74 | 5,267 |
| 2021-06-01 | $276,575 (1.4%) | $396,675 (8.6%) | 0.73 | 6,498 |
| 2021-07-01 | $275,000 (-1.3%) | $391,506 (4.6%) | 0.73 | 7,192 |
| 2021-08-01 | $267,400 (-2.7%) | $383,727 (2.6%) | 0.71 | 7,991 |
| 2021-09-01 | $249,950 (-7.4%) | $370,605 (-0.8%) | 0.67 | 8,195 |
| 2021-10-01 | $242,990 (-8.3%) | $360,143 (-3.7%) | 0.65 | 7,880 |
| 2021-11-01 | $227,450 (-10.8%) | $348,427 (-6.7%) | 0.61 | 7,274 |
| 2021-12-01 | $216,950 (-13.2%) | $345,719 (-6.8%) | 0.59 | 6,293 |
| 2022-01-01 | $205,000 (-18.0%) | $341,364 (-8.5%) | 0.55 | 5,189 |
| 2022-02-01 | $216,100 (-13.6%) | $354,232 (-8.9%) | 0.56 | 4,625 |
| 2022-03-01 | $227,450 (-14.6%) | $360,375 (-9.5%) | 0.57 | 4,771 |
| 2022-04-01 | $249,900 (-7.4%) | $376,980 (-7.1%) | 0.60 | 5,012 |
| 2022-05-01 | $274,000 (-2.1%) | $384,646 (-6.2%) | 0.63 | 6,342 |
| 2022-06-01 | $279,950 (1.2%) | $388,407 (-2.1%) | 0.62 | 7,666 |
| 2022-07-01 | $279,900 (1.8%) | $381,907 (-2.5%) | 0.63 | 9,284 |
| 2022-08-01 | $272,350 (1.9%) | $370,524 (-3.4%) | 0.63 | 9,869 |
| 2022-09-01 | $263,908 (5.6%) | $366,211 (-1.2%) | 0.62 | 9,756 |
| 2022-10-01 | $250,000 (2.9%) | $355,627 (-1.3%) | 0.59 | 9,856 |
| 2022-11-01 | $247,000 (8.6%) | $347,736 (-0.2%) | 0.59 | 9,743 |
| 2022-12-01 | $230,000 (6.0%) | $341,684 (-1.2%) | 0.57 | 8,673 |
| 2023-01-01 | $227,250 (10.9%) | $343,293 (0.6%) | 0.56 | 7,432 |
| 2023-02-01 | $229,450 (6.2%) | $347,618 (-1.9%) | 0.55 | 6,513 |
| 2023-03-01 | $236,950 (4.2%) | $362,607 (0.6%) | 0.56 | 5,939 |
| 2023-04-01 | $250,000 (0.0%) | $384,503 (2.0%) | 0.58 | 5,885 |
| 2023-05-01 | $267,450 (-2.4%) | $399,456 (3.9%) | 0.61 | 6,035 |
| 2023-06-01 | $270,000 (-3.6%) | $402,227 (3.6%) | 0.61 | 6,449 |
| 2023-07-01 | $269,000 (-3.9%) | $393,640 (3.1%) | 0.61 | 6,991 |
| 2023-08-01 | $272,400 (0.0%) | $389,943 (5.2%) | 0.63 | 7,451 |
| 2023-09-01 | $262,500 (-0.5%) | $386,071 (5.4%) | 0.61 | 7,663 |
| 2023-10-01 | $252,450 (1.0%) | $382,614 (7.6%) | 0.59 | 7,910 |
| 2023-11-01 | $247,250 (0.1%) | $373,072 (7.3%) | 0.59 | 8,119 |
| 2023-12-01 | $235,900 (2.6%) | $366,002 (7.1%) | 0.58 | 7,359 |
| 2024-01-01 | $229,575 (1.0%) | $363,506 (5.9%) | 0.56 | 6,427 |
| 2024-02-01 | $229,450 (0.0%) | $368,098 (5.9%) | 0.55 | 6,204 |
| 2024-03-01 | $239,900 (1.2%) | $380,002 (4.8%) | 0.56 | 6,153 |
| 2024-04-01 | $250,000 (0.0%) | $387,719 (0.8%) | 0.58 | 6,146 |
| 2024-05-01 | $261,950 (-2.1%) | $407,746 (2.1%) | 0.60 | 6,542 |
| 2024-06-01 | $274,900 (1.8%) | $420,987 (4.7%) | 0.62 | 7,088 |
| 2024-07-01 | $279,900 (4.1%) | $430,572 (9.4%) | 0.64 | 7,736 |
| 2024-08-01 | $279,900 (2.8%) | $417,041 (7.0%) | 0.65 | 8,525 |
| 2024-09-01 | $277,000 (5.5%) | $407,313 (5.5%) | 0.65 | 8,921 |
| 2024-10-01 | $271,200 (7.4%) | $399,253 (4.4%) | 0.64 | 8,920 |
| 2024-11-01 | $260,000 (5.2%) | $388,539 (4.2%) | 0.62 | 8,789 |
| 2024-12-01 | $249,900 (5.9%) | $382,461 (4.5%) | 0.62 | 7,942 |
| 2025-01-01 | $239,950 (4.5%) | $376,317 (3.5%) | 0.60 | 7,125 |
| 2025-02-01 | $239,900 (4.6%) | $378,684 (2.9%) | 0.58 | 6,587 |
| 2025-03-01 | $245,000 (2.1%) | $385,499 (1.5%) | 0.58 | 6,735 |
| 2025-04-01 | $253,575 (1.4%) | $403,421 (4.1%) | 0.00 | 7,173 |
WARREN - TROY - FARMINGTON HILLS's median listing price for 2025-04-01 was $253,575, a difference of
$3,575
(1.4%) versus the prior year and
$8,575 versus the prior month.
WARREN - TROY - FARMINGTON HILLS's median listing price comes in at 0% of the national average.
WARREN - TROY - FARMINGTON HILLS's average listing price for 2025-04-01 was $403,421, a difference of $15,702 (4.1%) versus the prior year and $17,922 versus the prior month.
For the 2025-04-01 period, WARREN - TROY - FARMINGTON HILLS had 7,173 MLS listings, a difference of 438 listings (7%) versus the prior month and 1,027 listings (17%) versus the prior year.
WARREN - TROY - FARMINGTON HILLS's median listing price comes in at 0% of the national average.
WARREN - TROY - FARMINGTON HILLS's average listing price for 2025-04-01 was $403,421, a difference of $15,702 (4.1%) versus the prior year and $17,922 versus the prior month.
For the 2025-04-01 period, WARREN - TROY - FARMINGTON HILLS had 7,173 MLS listings, a difference of 438 listings (7%) versus the prior month and 1,027 listings (17%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - WARREN - TROY - FARMINGTON HILLS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 63 days | 1,578 sqft |
| 2018-02-01 | 58 days | 1,581 sqft |
| 2018-03-01 | 45 days | 1,644 sqft |
| 2018-04-01 | 36 days | 1,686 sqft |
| 2018-05-01 | 33 days | 1,713 sqft |
| 2018-06-01 | 33 days | 1,734 sqft |
| 2018-07-01 | 36 days | 1,723 sqft |
| 2018-08-01 | 35 days | 1,700 sqft |
| 2018-09-01 | 40 days | 1,692 sqft |
| 2018-10-01 | 43 days | 1,642 sqft |
| 2018-11-01 | 46 days | 1,613 sqft |
| 2018-12-01 | 56 days | 1,585 sqft |
| 2019-01-01 | 61 days | 1,582 sqft |
| 2019-02-01 | 60 days | 1,596 sqft |
| 2019-03-01 | 45 days | 1,632 sqft |
| 2019-04-01 | 36 days | 1,684 sqft |
| 2019-05-01 | 34 days | 1,717 sqft |
| 2019-06-01 | 36 days | 1,728 sqft |
| 2019-07-01 | 37 days | 1,724 sqft |
| 2019-08-01 | 40 days | 1,706 sqft |
| 2019-09-01 | 43 days | 1,675 sqft |
| 2019-10-01 | 45 days | 1,651 sqft |
| 2019-11-01 | 51 days | 1,624 sqft |
| 2019-12-01 | 62 days | 1,598 sqft |
| 2020-01-01 | 69 days | 1,584 sqft |
| 2020-02-01 | 58 days | 1,586 sqft |
| 2020-03-01 | 47 days | 1,605 sqft |
| 2020-04-01 | 59 days | 1,620 sqft |
| 2020-05-01 | 65 days | 1,640 sqft |
| 2020-06-01 | 38 days | 1,725 sqft |
| 2020-07-01 | 37 days | 1,740 sqft |
| 2020-08-01 | 33 days | 1,710 sqft |
| 2020-09-01 | 36 days | 1,669 sqft |
| 2020-10-01 | 36 days | 1,641 sqft |
| 2020-11-01 | 40 days | 1,600 sqft |
| 2020-12-01 | 48 days | 1,576 sqft |
| 2021-01-01 | 51 days | 1,557 sqft |
| 2021-02-01 | 39 days | 1,562 sqft |
| 2021-03-01 | 28 days | 1,577 sqft |
| 2021-04-01 | 22 days | 1,595 sqft |
| 2021-05-01 | 18 days | 1,604 sqft |
| 2021-06-01 | 19 days | 1,600 sqft |
| 2021-07-01 | 22 days | 1,590 sqft |
| 2021-08-01 | 24 days | 1,558 sqft |
| 2021-09-01 | 30 days | 1,514 sqft |
| 2021-10-01 | 31 days | 1,493 sqft |
| 2021-11-01 | 36 days | 1,451 sqft |
| 2021-12-01 | 43 days | 1,421 sqft |
| 2022-01-01 | 52 days | 1,406 sqft |
| 2022-02-01 | 34 days | 1,416 sqft |
| 2022-03-01 | 25 days | 1,441 sqft |
| 2022-04-01 | 22 days | 1,486 sqft |
| 2022-05-01 | 20 days | 1,537 sqft |
| 2022-06-01 | 23 days | 1,559 sqft |
| 2022-07-01 | 28 days | 1,551 sqft |
| 2022-08-01 | 32 days | 1,531 sqft |
| 2022-09-01 | 39 days | 1,522 sqft |
| 2022-10-01 | 39 days | 1,500 sqft |
| 2022-11-01 | 43 days | 1,484 sqft |
| 2022-12-01 | 52 days | 1,453 sqft |
| 2023-01-01 | 62 days | 1,443 sqft |
| 2023-02-01 | 55 days | 1,455 sqft |
| 2023-03-01 | 46 days | 1,473 sqft |
| 2023-04-01 | 37 days | 1,508 sqft |
| 2023-05-01 | 30 days | 1,530 sqft |
| 2023-06-01 | 31 days | 1,536 sqft |
| 2023-07-01 | 32 days | 1,531 sqft |
| 2023-08-01 | 36 days | 1,522 sqft |
| 2023-09-01 | 40 days | 1,508 sqft |
| 2023-10-01 | 40 days | 1,480 sqft |
| 2023-11-01 | 41 days | 1,461 sqft |
| 2023-12-01 | 50 days | 1,445 sqft |
| 2024-01-01 | 50 days | 1,457 sqft |
| 2024-02-01 | 46 days | 1,447 sqft |
| 2024-03-01 | 42 days | 1,462 sqft |
| 2024-04-01 | 39 days | 1,479 sqft |
| 2024-05-01 | 34 days | 1,497 sqft |
| 2024-06-01 | 35 days | 1,511 sqft |
| 2024-07-01 | 37 days | 1,521 sqft |
| 2024-08-01 | 36 days | 1,519 sqft |
| 2024-09-01 | 39 days | 1,510 sqft |
| 2024-10-01 | 40 days | 1,504 sqft |
| 2024-11-01 | 44 days | 1,514 sqft |
| 2024-12-01 | 50 days | 1,487 sqft |
| 2025-01-01 | 57 days | 1,447 sqft |
| 2025-02-01 | 52 days | 1,447 sqft |
| 2025-03-01 | 42 days | 1,454 sqft |
| 2025-04-01 | 0 days | 1,483 sqft |
WARREN - TROY - FARMINGTON HILLS's median listing age (time on market) for 2025-04-01 was 0 days.
This
is -100%
shorter
than the same period one year ago.
WARREN - TROY - FARMINGTON HILLS's median square footage for active listings during the 2025-04-01 period was 1,483 sqft. One year prior, the average listing was 1,479 sqft.
WARREN - TROY - FARMINGTON HILLS's median square footage for active listings during the 2025-04-01 period was 1,483 sqft. One year prior, the average listing was 1,479 sqft.
WARREN-TROY-FARMINGTON HILLS, MI Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|
Loan Sizing (WARREN-TROY-FARMINGTON HILLS, MI MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|