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: 03/25/2026)
Lender
APR
Rate
Payment
Points
Fees
Loan Type
 Contact details
5.618% APR 5.500% Rate 30 day rate lock $1,817 Payment per month
0.803 Points$2,570 Points Fee
$4,388 Total Fees$1,818 Lender Fees
 7 Years ARM
5.749% APR 5.625% Rate 30 day rate lock $1,843 Payment per month
0.868 Points$2,778 Points Fee
$4,378 Total Fees$1,600 Lender Fees
 7 Years ARM
5.991% APR 5.875% Rate 30 day rate lock $1,893 Payment per month
0.950 Points$3,040 Points Fee
$4,035 Total Fees$995 Lender Fees
 7 Years ARM
6.002% APR 5.875% Rate 30 day rate lock $1,893 Payment per month
0.755 Points$2,416 Points Fee
$4,506 Total Fees$2,090 Lender Fees
 7 Years ARM
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
 7 Years ARM
6.624% APR 6.500% Rate 30 day rate lock $2,023 Payment per month
0.931 Points$2,979 Points Fee
$4,154 Total Fees$1,175 Lender Fees
 7 Years ARM
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6.088% APR 6.000% Rate 30 day rate lock $1,919 Payment per month
0.947 Points$3,030 Points Fee
$3,030 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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