Forgotten Your Password?

Need to Register?

5/1 ARM Mortgage Rates in Michigan

Updated: August 14, 2018

Search Rates

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

4.204%

APR
5 Year ARM
4.125% Rate $970/mo
  • Updated August 14, 2018
  • Welcome to Flagstar’s new online mortgage experience!
PRODUCTS RATES +/-
30 Year Fixed 4.80%
15 Year Fixed 3.63%
5/1 ARM 0.00%
Tuesday, August 14, 2018

Get a Personalized Rate QuoteEasy & Accurate, Takes 45 Seconds

Mortgage rates for Michigan go up to 4.80%

Tuesday, August 14, 2018

Mortgage rates for Michigan on Lender411 for 30-year fixed-rate mortgages are at 4.80%. That increased from 4.75% to 4.80%. The 15-year fixed rates are now at 3.63%. The 5/1 ARM mortgage for Michigan is now at 0.00%.

5/1 ARM Mortgage Rate Explained

5/1 ARM is an adjustable rate mortgage where the interest rate on the loan and hence the payment of the loan stays the same during the first 5 years. After that the rate will change based on its "margin" and "index" . Above you will find 5/1 ARM refinance rates for national and local lenders in Michigan. 

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

Subscribe to our news feed.