Mortgage lending in Saginaw, MI
3,516 mortgages were originated in the Saginaw, 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
- 3,516
- Median rate
- 6.750%
- Median lender fees
- $3,684
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
- $135,000
- Above the going rate (spread over APOR)
- 0.540
- Paid discount points
- 31.3%
- Received lender credits
- 22.7%
- Purchases / refinances
- 51.6% / 27.1%
- Conventional / FHA / VA
- 78.8% / 13.5% / 7%
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 75.3% of loans here — see methodology.
Who lent here
Lenders with at least 50 loans in the Saginaw, MI area, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Frankenmuth Credit Union | 336 | $2,393 | 7.125% |
| Rocket Mortgage, LLC | 297 | $4,670 | 6.875% |
| The Huntington National Bank | 258 | $3,582 | 7.590% |
| United Shore Financial Services, LLC | 240 | $5,514 | 6.500% |
| Lake Michigan Credit Union | 118 | $3,437 | 6.625% |
| Staunton Financial, Inc. | 97 | $5,819 | 6.625% |
| Wildfire Credit Union | 94 | — | — |
| Independent Bank | 92 | $3,757 | 6.625% |
| Financial Plus Credit Union | 92 | $794 | 7.240% |
| Isabella Bank | 84 | — | 6.737% |