Compare today's average mortgage rates in the state of Michigan. Bankrate aggregates mortgage rates from multiple sources to provide averages for Michigan.
| Loan Term | Interest Rate | Change 1 Day | Rate Last Week |
|---|---|---|---|
| 30-year fixed mortgage rate | 4.79% | 0.08% | 4.87% |
| 15-year fixed mortgage rate | 4.04% | 0.14% | 4.18% |
| 5/1 ARM mortgage rate | 4.34% | 0.27% | 4.61% |
| 30-year fixed jumbo mortgage rate | 4.81% | 0.18% | 4.99% |
| 30-year fixed refinance rate | 4.80% | 0.07% | 4.87% |
Today's 30-year fixed rate:
4.79 %Current rates in Michigan are 4.79% for a 30-year fixed, 4.04% for a 15-year fixed, and 4.34% for a 5/1 adjustable-rate mortgage (ARM).
Compare and lock-in current mortgage rate quotes in Michigan from multiple lenders. Bankrate provides real-time rates with APR for 30-year fixed, 15-year fixed and more. For more information and reviews on Bankrate's best mortgage lenders, check out our top lenders page