Mortgage lending in Michigan City-La Porte, IN
2,547 mortgages were originated in the Michigan City-La Porte, IN area in 2025, and here is what they cost.
30-year fixed, this week
6.58%
Freddie Mac’s survey average for the week of July 23, 2026 — a year earlier it was 6.75%, and the past year ranged 5.98–6.72%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 2,547
- Median rate
- 6.875%
- Median lender fees
- $4,259
- Median loan amount
- $155,000
- Median spread over APOR
- 0.546
- Paid discount points
- 33.8%
- Received lender credits
- 19.6%
- Purchases / refinances
- 42.7% / 34.7%
- Conventional / FHA / VA
- 78.1% / 14.8% / 6.5%
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 63.9% of loans here — see methodology.
Who lent here
Lenders with at least 50 loans in the Michigan City-La Porte, IN area, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Horizon Bank | 378 | $2,741 | 6.000% |
| Rocket Mortgage, LLC | 208 | $5,559 | 6.625% |
| 1st Source Bank | 120 | — | 7.500% |
| Centier Bank | 104 | — | 8.500% |
| Fifth Third Bank, National Association | 101 | — | 7.750% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 57 | — | 6.550% |
| Fairway Independent Mortgage Corporation | 57 | — | 6.875% |
| GUARANTEED RATE, INC. | 55 | — | 6.750% |