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30 Year Fixed Mortgage Rates in Michigan

Updated: March 23, 2019

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

3.894%

APR
30 Year Fixed
3.750% Rate $926/mo
  • Updated March 23, 2019
  • $0 down payment option for Veterans
  • Veterans get cash up to 100% of the value of the home
  • A+ rating with the Better Business Bureau

4.609%

APR
30 Year Fixed
4.560% Rate $1,021/mo
  • Updated March 23, 2019
  • We close our loans FAST - many in 30 days or less!
  • Rates are still low, but they may rise. Lock your rate today.
  • We have the right loans for first-time and experienced home buyers.
PRODUCTS RATES +/-
30 Year Fixed 4.03%
15 Year Fixed 3.67%
5/1 ARM 4.17%
Saturday, March 23, 2019

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Mortgage rates for Michigan go up to 4.03%

Saturday, March 23, 2019

Mortgage rates for Michigan on Lender411 for 30-year fixed-rate mortgages are at 4.03%. That increased from 4.02% to 4.03%. The 15-year fixed rates are now at 3.67%. The 5/1 ARM mortgage for Michigan is now at 4.17%.

30 Year Fixed Mortgage Rate Explained

30 year fixed mortgage is probably the most popular fixed rate loan available. The monthly principal and interest payments of this type of loan never change during its life and the loan is "amortized" so that it will be completely paid off by the end of the loan term. Above you will find 30-year fixed refinance rates for national and local lenders in Michigan.  

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