Ann Arbor
Home Mortgage Loans
Get The Lowest Interest Rate On
Ann Arbor Home Loans.
Whether you are a first time home buyer or
trading up to a larger home, we work to find the best home loan solution for
you. Constantly surveying the hundreds of mortgage lenders as well as
anonymously testing their staff, we are always aware of the conditions of the
home loan market as well as the lenders involved in it.
Best Lender For
Ann Arbor Home Loans
Unfortunately, the subprime mortgage
crisis has caused dramatic changes in the lending climate. Many lending
institutions have suffered tremendous losses and as a result have
tightened their lending standards drastically. Whereas it used to be
very, very easy to meet the requirements in order to get approved, it is
now much more difficult with most lenders.
When searching for a mortgage lender
in Ann Arbor, it is important to
find one that not only offers the lowest rates, but also has not
tightened lending standards to the point that only a tiny percentage of
applicants will qualify.
Ann Arbor Michigan
Overview & Statistics
Ann Arbor Overview
As of 2007, Ann Arbor's population is 113,206 people. Since 2000, it has had a population growth of -0.72 percent.
The median home cost in Ann Arbor is $312,200. Home appreciation the last year has been 0.81 percent.
Compared to the rest of the country, Ann Arbor's cost of living is 1.26% Lower than the U.S. average.
Ann Arbor public schools spend $7,786 per student. The average school expenditure in the U.S. is $6,058. There are about 16 students per teacher in Ann Arbor.
The unemployment rate in Ann Arbor is 4.80 percent (U.S. avg. is 4.60%). Recent job growth is Negative. Ann Arbor jobs have Decreased by 0.70 percent.
Ann Arbor Climate
Ann Arbor, MI, gets 32 inches of rain per year. The US average is 37. Snowfall is 40 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 128.
On average, there are 178 sunny days per year in Ann Arbor, MI. The July high is around 84 degrees. The January low is 17. Our comfort index, which is based on humidity during the hot months, is a 51 out of 100, where higher is more comfortable. The US average on the comfort index is 44.
Ann Arbor Housing
The median home value in Ann Arbor, MI, is $312,200. Home appreciation is 0.81% over the last year. The median age of Ann Arbor, MI, real estate is 37 years.
Ann Arbor, MI Apartments and Rentals
Renters make up 53.67% of the Ann Arbor, MI, population. 3.19% of houses and apartments in Ann Arbor, MI, are unoccupied (vacancy rate).
Ann Arbor Crime
Ann Arbor, MI, violent crime, on a scale from 1 (low crime) to 10, is 5. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.
Ann Arbor, MI, property crime, on a scale from 1 (low) to 10, is 6. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.
For related resources see also:
www.a2gov.org
Ann Arbor Real Estate Agents
Michigan First Time Home
Buyers Grants
Michigan First Time Home Buyer
Programs
Michigan Home Mortgage Loans
