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7/1 ARM Mortgage Rates in Michigan

Updated: April 25, 2017

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

3.513%

APR
7 Year ARM
3.500% Rate $899/mo
  • Low mortgage rates and an easy application process.

3.454%

APR
7 Year ARM
3.375% Rate $885/mo
  • Low Mortgage Rates. Everyday.

3.071%

APR
7 Year ARM
3.000% Rate $844/mo
  • Updated April 25, 2017
  • Certified Upfront Lender! Online Good Faith Est! Apply & Lock Rate 24/7!

3.331%

APR
7 Year ARM
3.250% Rate $871/mo
  • Updated April 25, 2017
  • Skip the salesman. Keep the commission! View and lock your rate online.

4.179%

APR
7 Year ARM
4.125% Rate $970/mo
  • Updated April 25, 2017
  • A+ Rating with the Better Business Bureau

3.693%

APR
7 Year ARM
3.250% Rate $870/mo
  • Updated April 25, 2017
  • Guaranteed Lender Fees/No Surprises
  • Personal Loan Advisor from Start to Finish
  • Quick Turn-Times

3.886%

APR
7 Year ARM
3.375% Rate $884/mo
  • Updated April 25, 2017
  • Direct Lender.
  • Get a free and no obligation rate quote in Michigan.
  • Call now and lock-in your low rate!

3.669%

APR
7 Year ARM
3.125% Rate $857/mo
  • Updated April 25, 2017
  • $1,000 Best Rate Guarantee
  • Get online rates, payments and a Good Faith Estimate
  • Skip the salesman. Keep the commission!
PRODUCTS RATES +/-
30 Year Fixed 4.12%
15 Year Fixed 3.29%
5/1 ARM 3.38%
Tuesday, April 25, 2017

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Mortgage rates for Michigan go up to 4.12%

Tuesday, April 25, 2017

Mortgage rates for Michigan on Lender411 for 30-year fixed-rate mortgages are at 4.12%. That increased from 4.11% to 4.12%. The 15-year fixed rates are now at 3.29%. The 5/1 ARM mortgage for Michigan is now at 3.38%.

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. 

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