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 | 4.42% | 0.12 | 4.30% |
| 15-year fixed mortgage rate | 3.85% | 0.09 | 3.76% |
| 5/1 ARM mortgage rate | 4.26% | 0.16 | 4.10% |
| 30-year fixed jumbo mortgage rate | 4.64% | 0.09 | 4.55% |
| 30-year fixed refinance rate | 4.39% | 0.11 | 4.28% |
Today's 30-year fixed rate:
4.42 %Current rates in Michigan are 4.42% for a 30-year fixed, 3.85% for a 15-year fixed, and 4.26% 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.