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Michigan went through difficult times when the Detroit auto industry faltered, but they have been on a steady comeback trail. In fact, the state has been number one for growth of jobs and industry for the past 5 years in a row. The population is just under 10 million and the states $44,000 per capita income puts it very high on the national list. House prices have actually been falling in Michigan and the median is now around $120,000. Buyers are delighted to find much more value for what they might have spent in other parts of the country. This is an excellent time to go for the Michigan mortgage loan that is perfect for your pocket.

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