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VA Mortgage Rates in Michigan

Updated: October 18, 2019

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

3.665%

APR
30 Year Fixed
3.625% Rate $913/mo
  • Updated October 18, 2019
  • Internet direct lender since 1998. View rates & fees, apply/lock online 24/7

3.778%

APR
30 Year Fixed
3.750% Rate $927/mo
  • Excellent Service, Great Rates and Convenience

4.000%

APR
30 Year Fixed
4.000% Rate $955/mo
  • Updated October 18, 2019
  • Historically Low Interest Rates - $100 Billion Funded
  • Cash-Out and Debt Consolidation Options
  • No Lender Closing Cost Options Available

3.721%

APR
30 Year Fixed
3.500% Rate $898/mo
  • Updated October 18, 2019
  • Skip the salesman. Keep the commission!
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  • $1,000 Best Rate Guarantee

3.538%

APR
30 Year Fixed
3.500% Rate $898/mo
  • Updated October 18, 2019
  • Compare up to 5 Offers, Against a Network of 1000s of Lenders
  • 3.75% APR
  • Fixed Rate 15yr
PRODUCTS RATES +/-
30 Year Fixed 3.72%
15 Year Fixed 3.40%
5/1 ARM 4.22%
Friday, October 18, 2019

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Mortgage rates for Michigan go up to 3.72%

Friday, October 18, 2019

Mortgage rates for Michigan on Lender411 for 30-year fixed-rate mortgages are at 3.72%. That increased from 3.70% to 3.72%. The 15-year fixed rates are now at 3.40%. The 5/1 ARM mortgage for Michigan is now at 4.22%.

VA Mortgage Rates & Loan Limits in Michigan

A VA mortgage loan is a home loan guaranteed by Veteran Affairs, available to certain members of the military. This initiative was designed to smooth the transition of military members from service to homeownership by making mortgage loans more affordable and accessible for veterans. For military-affiliated homebuyers in Michigan, VA loans can be an excellent option; VA loans have many advantages over other loan programs, such as no required down payment or mortgage insurance, lenient credit requirements, and no prepayment penalties.

While VA mortgage rates are relatively low compared to other loan programs, it is always wise to compare rates and shop around before committing to a mortgage. Check out our main page on VA mortgage rates for more information.

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