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: 03/13/2026)
Lender
APR
Rate
Payment
Points
Fees
Loan Type
 Contact details
5.978% APR 5.875% Rate 30 day rate lock $1,893 Payment per month
0.750 Points$2,400 Points Fee
$3,575 Total Fees$1,175 Lender Fees
 30 Years Fixed
5.980% APR 5.875% Rate 15 day rate lock $1,893 Payment per month
0.510 Points$1,632 Points Fee
$3,627 Total Fees$1,995 Lender Fees
 30 Years Fixed
5.989% APR 5.875% Rate 30 day rate lock $1,893 Payment per month
0.737 Points$2,358 Points Fee
$4,176 Total Fees$1,818 Lender Fees
 30 Years Fixed
5.997% APR 5.875% Rate 30 day rate lock $1,893 Payment per month
1.000 Points$3,200 Points Fee
$4,250 Total Fees$1,050 Lender Fees
 30 Years Fixed
6.006% APR 5.875% Rate 30 day rate lock $1,893 Payment per month
0.985 Points$3,152 Points Fee
$4,547 Total Fees$1,395 Lender Fees
 30 Years Fixed
6.066% APR 6.000% Rate 30 day rate lock $1,919 Payment per month
0.708 Points$2,266 Points Fee
$2,266 Total Fees$0 Lender Fees
 30 Years Fixed
6.456% APR 6.375% Rate 30 day rate lock $1,997 Payment per month
0.852 Points$2,726 Points Fee
$2,726 Total Fees$0 Lender Fees
 30 Years Fixed
Numbers you can trust
Veterans: Use your VA benefit to buy with 0% down
As low as 0% down options & down payment assistance
6.063% APR 6.000% Rate 30 day rate lock $1,919 Payment per month
0.678 Points$2,170 Points Fee
$2,170 Total Fees$0 Lender Fees
 30 Years Fixed
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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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