East Lansing
Home Mortgage Loans
Get The Lowest Interest Rate On
East Lansing 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
East Lansing 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 East Lansing, 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.
East Lansing Michigan
Overview & Statistics
East Lansing Overview
As of 2007, East Lansing's population is 46,009 people. Since 2000, it has had a population growth of -1.11 percent.
The median home cost in East Lansing is $206,100. Home appreciation the last year has been 1.85 percent.
Compared to the rest of the country, East Lansing's cost of living is 15.56% Lower than the U.S. average.
East Lansing public schools spend $7,806 per student. The average school expenditure in the U.S. is $6,058. There are about 16 students per teacher in East Lansing.
The unemployment rate in East Lansing is 6.50 percent (U.S. avg. is 4.60%). Recent job growth is Negative. East Lansing jobs have Decreased by 0.15 percent.
East Lansing Climate
East Lansing, MI, gets 30 inches of rain per year. The US average is 37. Snowfall is 36 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 122.
On average, there are 174 sunny days per year in East Lansing, MI. The July high is around 82 degrees. The January low is 14. 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.
East Lansing Housing
The median home value in East Lansing, MI, is $206,100. Home appreciation is 1.85% over the last year. The median age of East Lansing, MI, real estate is 37 years.
East Lansing, MI Apartments and Rentals
Renters make up 64.20% of the East Lansing, MI, population. 5.87% of houses and apartments in East Lansing, MI, are unoccupied (vacancy rate).
East Lansing Crime
East Lansing, MI, violent crime, on a scale from 1 (low crime) to 10, is 3. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.
East Lansing, MI, property crime, on a scale from 1 (low) to 10, is 3. 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.cityofeastlansing.com
East Lansing Real Estate Agents
Michigan First Time Home
Buyers Grants
Michigan First Time Home Buyer
Programs
Michigan Home Mortgage Loans
