Home Mortgage Loan Ratesin Michigan

Planning on purchasing a new home? Use ERATE®'s rate chart to compare today's top rates in Michigan and find a lender that's the best fit for you. We recommend that you reach out to at least 2 to 3 mortgage lenders for your home loan to ensure you get the best rate and pricing.

(Last Updated: 05/17/2026)
Lender
APR
Rate
Payment
Points
Fees
Loan Type
 Contact details
6.267% APR 6.124% Rate 15 day rate lock $1,945 Payment per month
0.909 Points$2,909 Points Fee
$4,904 Total Fees$1,995 Lender Fees
 30 Years Fixed
6.302% APR 6.250% Rate 30 day rate lock $1,971 Payment per month
0.550 Points$1,760 Points Fee
$1,760 Total Fees$0 Lender Fees
 30 Years Fixed
6.328% APR 6.250% Rate 30 day rate lock $1,971 Payment per month
0.500 Points$1,600 Points Fee
$2,650 Total Fees$1,050 Lender Fees
 30 Years Fixed
6.379% APR 6.125% Rate 30 day rate lock $1,945 Payment per month
0.782 Points$2,502 Points Fee
$8,702 Total Fees$6,200 Lender Fees
 30 Years Fixed
6.489% APR 6.375% Rate 30 day rate lock $1,997 Payment per month
0.733 Points$2,346 Points Fee
$3,840 Total Fees$1,494 Lender Fees
 30 Years Fixed
6.494% APR 6.375% Rate 45 day rate lock $1,997 Payment per month
0.625 Points$2,000 Points Fee
$3,995 Total Fees$1,995 Lender Fees
 30 Years Fixed
6.716% APR 6.625% Rate 30 day rate lock $2,049 Payment per month
0.942 Points$3,014 Points Fee
$3,014 Total Fees$0 Lender Fees
 30 Years Fixed
Numbers you can trust
As low as 0% down options & down payment assistance
Veterans: Use your VA benefit to buy with 0% down
6.332% APR 6.250% Rate 30 day rate lock $1,971 Payment per month
0.867 Points$2,774 Points Fee
$2,774 Total Fees$0 Lender Fees
 30 Years Fixed
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Rate data provided by RateUpdate.com. Displayed by Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details.
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