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Gratiot
CITIMORTGAGE, INC
153 EAST 53RD STREET, 20TH FLOOR
NEW YORK, 10022
2008 Mortgage Research
Gratiot
Michigan
US
Total Applications
38
15,961
574,073
Average Loan
$101.4k
$151.1k
$234.8k
Loan to Income Ratio
1.76
1.81
2.16
Subprime Loans
5.26%
1.64%
1.31%
Refinancing Loans
78.95%
63.47%
54.16%
Principal Dwellings
92.11%
87.96%
88.06%
Rejected Applications
5.26%
14.02%
11.20%
MICHIGAN Mortgage Rates
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30 Years Fixed
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5/1 ARM
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