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Michigan Conventional Mortgage Rates

Updated: August 21, 2017

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Displaying rates for Mortgage Refinance in MI for $200,000

3.803%

APR
30 Year Fixed
3.750% Rate $927/mo
  • Updated August 21, 2017
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3.832%

APR
30 Year Fixed
3.750% Rate $927/mo
  • Updated August 21, 2017
  • Save when you borrow from PenFed!

4.245%

APR
30 Year Fixed
4.180% Rate $976/mo
  • Updated August 21, 2017
  • A+ Rating with the Better Business Bureau

3.896%

APR
30 Year Fixed
3.750% Rate $926/mo
  • Updated August 21, 2017
  • Get a free and no obligation rate quote in Michigan.
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  • Call now and lock-in your low rate!

4.343%

APR
30 Year Fixed
4.250% Rate $984/mo
  • Updated August 21, 2017
  • Refinance to a get a lower payment, cash back or a faster payoff.
  • Rates are still low, but they may rise. Lock your rate today.
  • We have the right loans for first-time and experienced home buyers.

4.217%

APR
30 Year Fixed
4.125% Rate $970/mo
  • Updated August 21, 2017
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PRODUCTS RATES +/-
30 Year Fixed 4.06%
15 Year Fixed 3.22%
5/1 ARM 3.21%
Monday, August 21, 2017

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Mortgage rates for Michigan go up to 4.06%

Monday, August 21, 2017

Mortgage rates for Michigan on Lender411 for 30-year fixed-rate mortgages are at 4.06%. That increased from 3.96% to 4.06%. The 15-year fixed rates are now at 3.22%. The 5/1 ARM mortgage for Michigan is now at 3.21%.

 

Conventional Mortgage Rates & Loan Limits in Michigan

A conventional mortgage loan is a home loan that is not backed directly by the federal government such as the FHA and VA loans. However, conforming conventional mortgage loans follow the terms and conditions set by the government sponsored enterprises (GSEs): Freddie Mac and Fannie Mae. When buying a home in Michigan or refinancing your existing mortgage, a conventional mortgage should definitey be an option. Conventional mortgages  have low closing costs and flexible payment options. Check out our main page on Conventional Home Mortgage Rates.

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