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: 12/22/2025)
Lender
APR
Rate
Payment
Points
Fees
Loan Type
 Contact details
5.810% APR 5.750% Rate 30 day rate lock $1,868 Payment per month
0.652 Points$2,086 Points Fee
$2,086 Total Fees$0 Lender Fees
 30 Years Fixed
5.864% APR 5.750% Rate 30 day rate lock $1,868 Payment per month
0.660 Points$2,112 Points Fee
$3,999 Total Fees$1,887 Lender Fees
 30 Years Fixed
5.876% APR 5.750% Rate 30 day rate lock $1,868 Payment per month
1.000 Points$3,200 Points Fee
$4,395 Total Fees$1,195 Lender Fees
 30 Years Fixed
5.893% APR 5.750% Rate 30 day rate lock $1,868 Payment per month
0.934 Points$2,989 Points Fee
$4,989 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
5.942% APR 5.875% Rate 30 day rate lock $1,893 Payment per month
0.722 Points$2,310 Points Fee
$2,310 Total Fees$0 Lender Fees
 30 Years Fixed
6.112% APR 6.000% Rate 30 day rate lock $1,919 Payment per month
0.836 Points$2,675 Points Fee
$4,003 Total Fees$1,328 Lender Fees
 30 Years Fixed
6.128% APR 6.000% Rate 45 day rate lock $1,919 Payment per month
0.750 Points$2,400 Points Fee
$4,395 Total Fees$1,995 Lender Fees
 30 Years Fixed
6.209% APR 6.125% Rate 30 day rate lock $1,945 Payment per month
0.677 Points$2,166 Points Fee
$2,866 Total Fees$700 Lender Fees
 30 Years Fixed
6.210% APR 6.125% Rate 30 day rate lock $1,945 Payment per month
0.909 Points$2,909 Points Fee
$2,909 Total Fees$0 Lender Fees
 30 Years Fixed
Numbers you can trust
Get home in 2026 with a 0% down VA Loan
5.817% APR 5.750% Rate 30 day rate lock $1,868 Payment per month
0.733 Points$2,346 Points Fee
$2,346 Total Fees$0 Lender Fees
 30 Years Fixed
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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.
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