Home Refinance Loan Ratesin Michigan

Looking to refinance your existing mortgage loan? 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 refinance loan to ensure you get the best rate and pricing.

(Last Updated: 08/21/2026)
Lender
APR
Rate
Payment
Points
Fees
Loan Type
 Contact details
5.729% APR 5.500% Rate 30 day rate lock $1,817 Payment per month
0.917 Points$2,934 Points Fee
$8,129 Total Fees$5,195 Lender Fees
 5 Years ARM
5.866% APR 5.750% Rate 30 day rate lock $1,868 Payment per month
0.970 Points$3,104 Points Fee
$4,154 Total Fees$1,050 Lender Fees
 5 Years ARM
5.968% APR 5.750% Rate 30 day rate lock $1,868 Payment per month
0.740 Points$2,368 Points Fee
$7,930 Total Fees$5,562 Lender Fees
 5 Years ARM
6.050% APR 5.875% Rate 30 day rate lock $1,893 Payment per month
0.744 Points$2,381 Points Fee
$6,080 Total Fees$3,699 Lender Fees
 5 Years ARM
Refinance to lower your rate
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America's #1 Retail Lender (Scottsman Guide)
6.092% APR 6.000% Rate 30 day rate lock $1,919 Payment per month
0.987 Points$3,158 Points Fee
$3,158 Total Fees$0 Lender Fees
 5 Years ARM
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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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