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: 09/03/2025)
Lender
APR
Rate
Payment
Points
Fees
Loan Type
 Contact details
5.967% APR 5.875% Rate 30 day rate lock $1,893 Payment per month
0.500 Points$1,600 Points Fee
$3,200 Total Fees$1,600 Lender Fees
 30 Years Fixed
6.082% APR 5.990% Rate 30 day rate lock $1,917 Payment per month
0.992 Points$3,174 Points Fee
$3,174 Total Fees$0 Lender Fees
 30 Years Fixed
6.100% APR 6.000% Rate 30 day rate lock $1,919 Payment per month
0.750 Points$2,400 Points Fee
$3,450 Total Fees$1,050 Lender Fees
 30 Years Fixed
6.239% APR 6.125% Rate 30 day rate lock $1,945 Payment per month
0.992 Points$3,174 Points Fee
$3,874 Total Fees$700 Lender Fees
 30 Years Fixed
6.403% APR 6.250% Rate 45 day rate lock $1,971 Payment per month
1.000 Points$3,200 Points Fee
$5,195 Total Fees$1,995 Lender Fees
 30 Years Fixed
6.466% APR 6.375% Rate 30 day rate lock $1,997 Payment per month
0.953 Points$3,050 Points Fee
$3,050 Total Fees$0 Lender Fees
 30 Years Fixed
$0 down payment for Veterans homebuying with a VA Loan
As low as 0% down options & down payment assistance
Numbers you can trust
0% down payment USDA Loan options
"Unlock Your Dream Home with Us!"
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