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: 08/25/2026)
Lender
APR
Rate
Payment
Points
Fees
Loan Type
 Contact details
5.851% APR 5.625% Rate 30 day rate lock $1,843 Payment per month
0.871 Points$2,787 Points Fee
$7,982 Total Fees$5,195 Lender Fees
 7 Years ARM
5.965% APR 5.875% Rate 30 day rate lock $1,893 Payment per month
0.678 Points$2,170 Points Fee
$3,220 Total Fees$1,050 Lender Fees
 7 Years ARM
6.092% APR 5.875% Rate 30 day rate lock $1,893 Payment per month
0.719 Points$2,301 Points Fee
$7,863 Total Fees$5,562 Lender Fees
 7 Years ARM
6.246% APR 6.125% Rate 30 day rate lock $1,945 Payment per month
0.926 Points$2,963 Points Fee
$4,138 Total Fees$1,175 Lender Fees
 7 Years ARM
6.299% APR 6.125% Rate 30 day rate lock $1,945 Payment per month
0.699 Points$2,237 Points Fee
$5,936 Total Fees$3,699 Lender Fees
 7 Years ARM
6.492% APR 6.375% Rate 30 day rate lock $1,997 Payment per month
0.923 Points$2,954 Points Fee
$4,190 Total Fees$1,236 Lender Fees
 7 Years ARM
6.529% APR 6.375% Rate 45 day rate lock $1,997 Payment per month
1.000 Points$3,200 Points Fee
$5,195 Total Fees$1,995 Lender Fees
 7 Years ARM
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Refinance to lower your rate
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6.066% APR 6.000% Rate 30 day rate lock $1,919 Payment per month
0.707 Points$2,262 Points Fee
$2,262 Total Fees$0 Lender Fees
 7 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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