Mortgage lending in Detroit-Dearborn-Livonia, MI
33,676 mortgages were originated in the Detroit-Dearborn-Livonia, MI area in 2025, and here is what they cost.
30-year fixed, this week
6.71%
Freddie Mac's survey average for the week of September 3, 2026 — a year earlier it was 6.56%, and the past year ranged 5.98–6.71%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 33,676
- Median rate
- 6.875%
- Median lender fees
- $4,495
The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.
- Median loan amount
- $155,000
- Above the going rate (spread over APOR)
- 0.501
- Paid discount points
- 34.1%
- Received lender credits
- 21.7%
- Purchases / refinances
- 48% / 32%
- Conventional / FHA / VA
- 82.3% / 13.8% / 3.8%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 67.2% of loans here — see methodology.
Who lent here
Lenders with at least 50 loans in the Detroit-Dearborn-Livonia, MI area, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| United Shore Financial Services, LLC | 5,312 | $5,795 | 6.625% |
| Rocket Mortgage, LLC | 4,686 | $4,230 | 6.750% |
| Dfcu Financial | 1,390 | $3,775 | 6.250% |
| Citizens Bank, National Association | 1,137 | $4,018 | 7.650% |
| The Huntington National Bank | 958 | $3,975 | 7.000% |
| Kiavi Funding, Inc. | 675 | — | 9.500% |
| Flagstar Bank, N.A. | 561 | $4,001 | 6.625% |
| JPMorgan Chase Bank, National Association | 552 | $3,088 | 6.625% |
| Staunton Financial, Inc. | 520 | $4,390 | 6.625% |
| Community Financial Credit Union | 486 | $10 | 7.250% |