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Current Mortgage Rates in Michigan

Time Range: 3m 6m 1y Looking for other products?

30-Year Fixed
15-Year Fixed
5/1 ARM

Mortgage Rates for Aug. 28 - Sep. 04 , 2015*

Product Interest Rate Points National Average
30 Year Fixed Rate Mortgage 3.96% 0.06 3.97%
15 Year Fixed Rate Mortgage 3.28% 0.13 3.28%
30 Year 5/1 ARM 2.96% 0.11 2.97%
*weekly rolling averages

Hide graph data
3/15 4/15 5/15 6/15 7/15 8/15 9/15
30-Year Fixed 3.97 3.82 4.00 4.16 4.20 4.06 3.96
15-Year Fixed 3.33 3.17 3.32 3.46 3.48 3.39 3.28
5/1 ARM 3.29 2.98 3.08 3.15 3.13 3.11 2.96

Current Mortgage Rates in Michigan

 
  • Loans for Military & Veterans Only
  • Reduced Interest Rates & Fees
  • 100% Financing Available
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Mortgage Refinance rates in Michigan

Matching Lender Ads

4.000% Rate

30 Yr. Fixed

4.227% APR

$955 / month (est)

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Updated 9/2/2015

Immediate Rate LockLow FeesExtended Support HoursOffers HARP LoansNational Lender
  • Get a customized quote in minutes
  • Free 60-day rate lock and no application fee
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4.050% Rate

30 Yr. Fixed

4.246% APR

$961 / month (est)

Learn More

Updated 9/3/2015

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4.375% Rate

30 Yr. Fixed

4.602% APR

$999 / month (est)

Learn More

Updated 9/3/2015

Member of BBBNational LenderExtended Support HoursVA Approved LenderFHA Approved Lender
  • We close our loans FAST - many in 30 days or less!
  • Rates are still historically low! Lock in a low rate and payment today.
  • Why pay more for your home than you have to? Check out rates now.
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4.000% Rate

30 Yr. Fixed

4.039% APR

$955 / month (est)

Learn More

Updated 9/1/2015

National LenderMember of BBBFHA Approved LenderOffers HARP LoansVA Approved Lender
  • DIRECT LENDER. We can approve and fund loans in less than 30 days.
  • Get a free and no obligation rate quote in Michigan.
  • These rates won't last. Call now and lock-in your low rate!
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Mortgage Rates From 2.5% (2.92% APR)
  • $200k Loan for Under $790/Month
  • Free Home Mortgage Rate Quotes.
  • Compare Rates from Up to 5 Lenders.
  • Lock in Your Low Rate Today!
Learn More
VA Loans For Veterans
  • VA Loans = No Mortgage Insurance
  • 100% Financing, No Down Payment
  • Active or Retired VA Status Ok
Learn More
Other lenders for Mortgage Refinance of $200,000 in Michigan

3.625% Rate

30 Yr. Fixed

3.846% APR

$912 / month (est)

Updated 9/2/2015

  • Low Mortgage Rates. Everyday.
  • Application to Closing in under 30 days
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To promote rates on your site, contact mortgagerates@quinstreet.com

Mortgage Trends in Michigan

Popular Property Types
 

Single-Family Homes

90.5%
*Single-Family Homes make up 90.5% of purchased or refinanced homes
 

Condominiums

8.9%
*Condominiums make up 8.9% of purchased or refinanced homes
 

PUD Homes

0.5%
*PUD or Planned Unit Development homes make up 0.5% of purchased or refinanced homes
 

Townhomes

0.1%
*Townhomes make up 0.1% of purchased or refinanced homes

Average Property Value

Average Annual Property Taxes

Average Mortgage Balance

Data source: CoreLogic

Popular Mortgage and Refinance Types

Find Our Best Mortgage Rates

Type of Loan
Mortgage Refinance
Home Equity Loan or Line
Debt Consolidation
New Home Loan
Property Type:
Property State:
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