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October 16th, 2006 by Lending CenterHome Mortgages in Michigan - With one of the lowest priced housing markets nationwide, the homeownership rate in Michigan is nearly 75%, and continues to increase each year. This situation is ideal for first time homebuyers or person wanting to relocate to a less expensive region. Even though affording a home in Michigan is easy, getting approved for a loan may be difficult for some applicants. Fortunately, Michigan mortgage lenders have loans for all kinds of buyers: bad credit, no credit history, self-employed, etc.
Auto Loans in Michigan - Auto loan rates in the state of Michigan vary. In most cases, car buyers who have a down payment or an excellent credit history receive prime rates. The typical prime rate for an auto loan is 6.8%. However, some lenders may charge a person with superb credit as high as 8%. Consequently, it is very important to shop around and compare rates from different lending institutions.
Debt Consolidation in Michigan - Debt consolidation loans are also of interest among Michigan residents. Because the state has recently witnessed a rapid appreciation of home prices, many people are using this as the opportunity to cash-out their home’s equity and payoff debts. Home equity loans and mortgage refinances are a quick means for acquiring extra cash without selling your home.
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