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 | 3.49% | 0.04% | 3.45% |
| 15-year fixed mortgage rate | 2.84% | -- 0.00% | 2.84% |
| 5/1 ARM mortgage rate | 3.41% | -- 0.00% | 3.41% |
| 30-year fixed jumbo mortgage rate | 3.73% | 0.01% | 3.72% |
| 30-year fixed refinance rate | 3.52% | 0.09% | 3.43% |
Lenders nationwide provide weekday mortgage rates to our comprehensive national survey to help consumers in their mortgage process. To learn more about the different rate averages Bankrate publishes above, see Understanding Bankrate's Rate Averages.
Today's 30-year fixed rate:
3.49 %Current rates in Michigan are 3.49% for a 30-year fixed, 2.84% for a 15-year fixed, and 3.41% for a 5/1 adjustable-rate mortgage (ARM).
Learn more about today's mortgage rates.
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