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: 10/23/2025)
Lender
APR
Rate
Payment
Points
Fees
Loan Type
 Contact details
5.716% APR 5.625% Rate 30 day rate lock $1,843 Payment per month
1.000 Points$3,200 Points Fee
$3,200 Total Fees$0 Lender Fees
 30 Years Fixed
5.841% APR 5.750% Rate 30 day rate lock $1,868 Payment per month
0.995 Points$3,184 Points Fee
$3,184 Total Fees$0 Lender Fees
 30 Years Fixed
5.860% APR 5.750% Rate 30 day rate lock $1,868 Payment per month
0.875 Points$2,800 Points Fee
$3,850 Total Fees$1,050 Lender Fees
 30 Years Fixed
5.886% APR 5.750% Rate 30 day rate lock $1,868 Payment per month
0.860 Points$2,752 Points Fee
$4,752 Total Fees$2,000 Lender Fees
 30 Years Fixed
5.939% APR 5.875% Rate 30 day rate lock $1,893 Payment per month
0.689 Points$2,205 Points Fee
$2,205 Total Fees$0 Lender Fees
 30 Years Fixed
6.010% APR 5.875% Rate 30 day rate lock $1,893 Payment per month
0.875 Points$2,800 Points Fee
$4,687 Total Fees$1,887 Lender Fees
 30 Years Fixed
6.025% APR 5.875% Rate 45 day rate lock $1,893 Payment per month
1.000 Points$3,200 Points Fee
$5,195 Total Fees$1,995 Lender Fees
 30 Years Fixed
6.077% APR 5.990% Rate 30 day rate lock $1,917 Payment per month
0.934 Points$2,989 Points Fee
$2,989 Total Fees$0 Lender Fees
 30 Years Fixed
6.097% APR 6.000% Rate 30 day rate lock $1,919 Payment per month
0.680 Points$2,176 Points Fee
$3,504 Total Fees$1,328 Lender Fees
 30 Years Fixed
6.100% APR 5.990% Rate 30 day rate lock $1,917 Payment per month
0.968 Points$3,098 Points Fee
$3,798 Total Fees$700 Lender Fees
 30 Years Fixed
$0 down payment for Veterans homebuying with a VA Loan
5.703% APR 5.625% Rate 30 day rate lock $1,843 Payment per month
0.855 Points$2,736 Points Fee
$2,736 Total Fees$0 Lender Fees
 30 Years Fixed
Updating Rates...
Updating Rates...
Rate data provided by RateUpdate.com. Displayed by ICB, a division of 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.
Family moving in