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Current mortgage rates in Michigan

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Michigan Real Estate Market Reflects Stagnant Economy
A quick search of Michigan's newspapers and business blogs confirms that its economy is extremely troubled, following as it does the fortunes of Detroit's massive automotive industry. In October, Comerica Bank's Michigan Business Activity Index fell 2 points to its lowest level in over 14 years. However, the bright spot for those who have steady jobs is that Michigan is quite affordable--its wages are higher than the national average and its housing costs considerably lower, making homeownership more accessible.

Refinancing in Michigan
Mortgage companies in Michigan are offering the lowest rates in many years. And, unlike many areas in the country, Michigan didn't experience the crazy run-up of home prices and the subsequent crash.

Michigan Mortgage Trends

Time Range: 6m | 1y | 3y
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Compare Mortgage Rates in Michigan

Displaying results for Mortgage Refinance of $200,000 at 15 Yr. Fixed in Michigan

3.257%APR

Rates updated: 8/18/2017

15 Yr. Fixed

More from the lender:

  • Get a free and no obligation rate quote in Michigan.
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  • Call now and lock-in your low rate!

3.787%APR

Rates updated: 8/20/2017

15 Yr. Fixed

More from the lender:

  • Refinance to a get a lower payment, cash back or a faster payoff.
  • Rates are still low, but they may rise. Lock your rate today.
  • We have the right loans for first-time and experienced home buyers.

3.535%APR

Rates updated: 8/20/2017

15 Yr. Fixed

More from the lender:

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  • $42,000 In VA Housing Benefits That 89% Haven't Redeemed
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  • Veterans Hit The Jackpot In 2017!
  • Tip To Vets: Get $53,000 Before It's Too Late
The rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the HSH quotes. Annual percentage rate in ARM products may increase after the loan is closed. More Information. These quotes are from banks, thrifts and brokers who have paid for a link to their website in the listings above and you can find additional information about their loan programs on their websites.
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