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: 04/28/2026)
Lender
APR
Rate
Payment
Points
Fees
Loan Type
 Contact details
5.750% APR 5.625% Rate 30 day rate lock $1,843 Payment per month
0.720 Points$2,304 Points Fee
$4,403 Total Fees$2,099 Lender Fees
 30 Years Fixed
5.837% APR 5.750% Rate 30 day rate lock $1,868 Payment per month
0.947 Points$3,030 Points Fee
$3,030 Total Fees$0 Lender Fees
 30 Years Fixed
5.865% APR 5.750% Rate 15 day rate lock $1,868 Payment per month
0.636 Points$2,035 Points Fee
$4,030 Total Fees$1,995 Lender Fees
 30 Years Fixed
5.926% APR 5.875% Rate 30 day rate lock $1,893 Payment per month
0.550 Points$1,760 Points Fee
$1,760 Total Fees$0 Lender Fees
 30 Years Fixed
5.994% APR 5.750% Rate 30 day rate lock $1,868 Payment per month
0.732 Points$2,342 Points Fee
$8,542 Total Fees$6,200 Lender Fees
 30 Years Fixed
5.995% APR 5.875% Rate 30 day rate lock $1,893 Payment per month
0.864 Points$2,765 Points Fee
$4,160 Total Fees$1,395 Lender Fees
 30 Years Fixed
6.116% APR 6.000% Rate 45 day rate lock $1,919 Payment per month
0.625 Points$2,000 Points Fee
$3,995 Total Fees$1,995 Lender Fees
 30 Years Fixed
Numbers you can trust
As low as 0% down options & down payment assistance
Veterans: Use your VA benefit to buy with 0% down
5.960% APR 5.875% Rate 30 day rate lock $1,893 Payment per month
0.917 Points$2,934 Points Fee
$2,934 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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