Adjustable Mortgage Rates in Michigan
Updated: June 17, 2019
Search Rates
Displaying rates for Mortgage Refinance in MI for $200,000
|
3.975%APR  30 Year Fixed |
3.750% Rate | $926/mo |
|
||||
|
5.375%APR30 Year Fixed |
5.375% Rate | $1,120/mo |
|
||||
|
4.549%APR30 Year Fixed |
4.500% Rate | $1,014/mo |
|
||||
|
5.375%APR30 Year Fixed |
5.375% Rate | $1,120/mo |
|
||||
| PRODUCTS | RATES | +/- |
| 30 Year Fixed |
4.31%
|
|
| 15 Year Fixed |
3.50%
|
|
| 5/1 ARM |
4.17%
|
|
Get a Personalized Rate QuoteEasy & Accurate, Takes 45 Seconds
Secure Form Privacy Policy | Terms of Use.
Mortgage rates for Michigan go down to 4.31%
Monday, June 17, 2019
Mortgage rates for Michigan on Lender411 for 30-year fixed-rate mortgages are at 4.31%. That dropped from 4.31% to 4.31%. The 15-year fixed rates are now at 3.50%. The 5/1 ARM mortgage for Michigan is now at 4.17%.
ARM Rates in Michigan Today
Adjustable Rate Mortgages (ARM)'s are loans whose interest rate can vary during the loan's term. These loans usually have a fixed interest rate for an initial period of time (usually lower rates) and then can adjust based on current market conditions. Adjustable rate mortgages are usually amortized over a period of 30 years with the initial rate being fixed for anywhere from 1 month to 10 years.
If you are buying a home in Michigan or refinancing into an ARM loan, you can find the best rates on Lender411.com. Check out the main page on Adjustable Mortgage Rates.
Local Cities
Adrian | Alpena | Ann Arbor | Battle Creek | Bay City | Benton Harbor | Cadillac | Detroit | East Lansing | Flint | Grand Rapids | Ishpeming | Kalamazoo | Lansing | Lansing | Livonia | Marquette | Midland | Niles | Petoskey | Saginaw | Sterling Heights | Tecumseh | Traverse City | Warren
