Compare today's average mortgage rates in the state of Michigan. Bankrate aggregates mortgage rates from multiple sources to provide averages for Michigan.
| Term | Rate | Change | Last week |
|---|---|---|---|
| 30-year fixed mortgage rate | 4.66% | 0.16 | 4.50% |
| 15-year fixed mortgage rate | 3.98% | 0.08 | 3.90% |
| 5/1 ARM mortgage rate | 4.46% | 0.15 | 4.31% |
| 30-year fixed jumbo mortgage rate | 4.92% | 0.16 | 4.76% |
| 30-year fixed refinance rate | 4.61% | 0.07 | 4.54% |
Today's 30-year fixed rate:
4.66 %Current rates in Michigan are 4.66% for a 30-year fixed, 3.98% for a 15-year fixed, and 4.46% 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