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Buying a home for the holidays, and hoping for a bargain? Learn the pros and cons of buying a home during the winter months.

Buying a home for the holidays, and hoping for a bargain? Learn the pros and cons of buying a home during the winter months.

Today's Michigan Mortgage Rates in the HSH Lender Showcase

Michigan Mortgages

Michigan offers diverse real estate opportunities, with bargain home sales as well as rising home equity values in some suburban markets. HSH.com offers localized information on Michigan mortgage rates to help you navigate home financing, whether you're looking to land a good deal in a market of declining home prices or to take out a home equity loan.

HSH.com's rich resources give you a comprehensive understanding of your mortgage options in Michigan:

  • Check out current MI mortgage rates.
  • Evaluate the numbers using a mortgage calculator, which helps you anticipate monthly payments, your income eligibility, and more.
  • Finally, contact a Michigan mortgage lender to explore purchase, refinance, or home equity loan options

Together, these MI mortgage rates and resources offer a solid basis for your home financing decisions.

Michigan Conventional Mortgage

A conventional mortgage loan is generally a loan made using private mortgage money and not backed by a government entity, such as FHA, VA or USDA. Conventional mortgages are available in fixed rate and adjustable rate varieties and with a wide range of terms. A conventional loan that meets a number of specific criteria can be sold to Fannie Mae or Freddie Mac and is known as conventional conforming mortgage.

2024 Conforming loan limits for Michigan

Select County
County Name One Family Two Family Three Family Four Family
Alcona County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Alger County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Allegan County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Alpena County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Antrim County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Arenac County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Baraga County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Barry County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Bay County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Benzie County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Berrien County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Branch County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Calhoun County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Cass County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Charlevoix County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Cheboygan County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Chippewa County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Clare County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Clinton County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Crawford County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Delta County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Dickinson County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Eaton County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Emmet County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Genesee County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Gladwin County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Gogebic County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Grand Traverse County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Gratiot County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Hillsdale County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Houghton County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Huron County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Ingham County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Ionia County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Iosco County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Iron County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Isabella County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Jackson County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Kalamazoo County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Kalkaska County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Kent County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Keweenaw County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Lake County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Lapeer County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Leelanau County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Lenawee County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Livingston County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Luce County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Mackinac County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Macomb County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Manistee County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Marquette County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Mason County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Mecosta County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Menominee County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Midland County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Missaukee County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Monroe County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Montcalm County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Montmorency County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Muskegon County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Newaygo County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Oakland County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Oceana County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Ogemaw County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Ontonagon County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Osceola County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Oscoda County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Otsego County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Ottawa County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Presque Isle County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Roscommon County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Saginaw County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Sanilac County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Schoolcraft County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Shiawassee County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
St. Clair County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
St. Joseph County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Tuscola County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Van Buren County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Washtenaw County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Wayne County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250
Wexford County One Family$806,500 Two Family$1,032,650 Three Family$1,248,150 Four Family$1,551,250

Mortgage Rates by State

Mortgage rates by loan term and type

Today's Mortgage Rates
30-year fixed mortgage rates
15-year fixed mortgage rates
20-year fixed mortgage rates
10-year fixed mortgage rates
5/1 Adjustable Rate Mortgage Rates
7/1 Adjustable Rate Mortgage Rates
10/1 Adjustable Rate Mortgage Rates
VA mortgage rates
FHA mortgage rates
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