Forgotten Your Password?

Need to Register?

7/1 ARM Mortgage Rates in Michigan

Updated: September 18, 2018

Search Rates

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

PRODUCTS RATES +/-
30 Year Fixed 5.00%
15 Year Fixed 4.13%
5/1 ARM 3.88%
Tuesday, September 18, 2018

Get a Personalized Rate QuoteEasy & Accurate, Takes 45 Seconds

Mortgage rates for Michigan go up to 5.00%

Tuesday, September 18, 2018

Mortgage rates for Michigan on Lender411 for 30-year fixed-rate mortgages are at 5.00%. That increased from 4.77% to 5.00%. The 15-year fixed rates are now at 4.13%. The 5/1 ARM mortgage for Michigan is now at 3.88%.

7/1 ARM Mortgage Rate Explained

7/1 ARM is an adjustable rate mortgage where the interest rate on the loan remains constant for the first 7 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.