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10 Year Fixed Mortgage Rates in Michigan

Updated: July 22, 2017

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

2.825%

APR
10 Year Fixed
2.750% Rate $1,909/mo
  • Updated July 22, 2017
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3.689%

APR
10 Year Fixed
3.500% Rate $1,978/mo
  • Updated July 22, 2017
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3.500%

APR
10 Year Fixed
3.125% Rate $1,943/mo
  • Updated July 22, 2017
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PRODUCTS RATES +/-
30 Year Fixed 4.05%
15 Year Fixed 3.20%
5/1 ARM 3.31%
Saturday, July 22, 2017

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Mortgage rates for Michigan go up to 4.05%

Saturday, July 22, 2017

Mortgage rates for Michigan on Lender411 for 30-year fixed-rate mortgages are at 4.05%. That increased from 4.02% to 4.05%. The 15-year fixed rates are now at 3.20%. The 5/1 ARM mortgage for Michigan is now at 3.31%.

10 Year Fixed Mortgage Rate Explained

10 year fixed mortgage program is a shorter term fixed mortgage rate loan program where the monthly payment (principal and interest) of the loan does not change during the 10 year life of the loan. Like the 30, 20, and 15 year, and the loan is "amortized" so that it will be completely paid off by the end of 10 years. Below you will find 10-year fixed refinance rates for national and local lenders in Michigan.  

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