Mortgage Rates Michigan (MI) for March 2026
Content reviewed by
Brian McKay
i
Editorial Disclosure
Brian McKay
Brian McKay
Founder & Data ArchitectExpertise
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- Location-Based Rate Tables
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Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of lenders actively lending in Michigan. Our editorial content is independent of any advertiser relationships.
Current 30-year fixed mortgage rates in Michigan as of March 20, 2026 are as follows, according to verified data from MonitorBankRates: Honor Credit UnionHonor Credit Union1010 Moore St, Allegan, MI, 49002A+5.0 ★Texas Ratio: 5.80% at 5.75%, Financial Plus Credit Union Flint, MIFinancial Plus Credit Union Flint, MI15125 Silver Pkwy, Bay City, MI, 48423 2529A+5.0 ★Texas Ratio: 3.29% at 5.75%, Mi BankMi Bank3707 W Maple Rd, Bloomfield Township, MI, 48301A+5.0 ★Texas Ratio: 1.77% at 5.88%, Wildfire Credit UnionWildfire Credit Union100 Joseph Dr, Bay City, MI, 48603A+5.0 ★Texas Ratio: 3.82% at 6.00%, and Dowagiac Area Federal Credit UnionDowagiac Area Federal Credit Union473 E Division St, Dowagiac, MI, 49047 1541A5.0 ★Texas Ratio: 8.04% at 6.00%.
Mortgage rates in Michigan (MI) are continually updated to reflect market conditions. Whether you are purchasing a home or refinancing, comparing current loan options across top-rated local lenders and national banks is critical. We empower borrowers with transparent financial health metrics — including A-F Safety Grades, verified Star Ratings, and Texas Ratios — so you can confidently choose a stable, highly-rated institution.
Mortgage Rates reflect actual verified offers from lenders actively lending to Michigan borrowers. Your final approved rate will depend on your credit profile, loan-to-value ratio, and daily market movements. Last Updated and Verified: March 20, 2026
Michigan Mortgage Rate Trends
Compare local Michigan mortgage rate quotes against the statewide average
Weekly mortgage rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
30-Year Fixed — MI Avg
6.427%
▲ 0.342 from last week
For buyers in Michigan, the broader Michigan 30-year fixed average mortgage rate rose 0.342 points this week to 6.427%, according to MonitorBankRates trend data.
15-Year Fixed — MI Avg
6.011%
▼ 1.760 from last week
For buyers in Michigan, the broader Michigan 15-year fixed average mortgage rate fell 1.760 points this week to 6.011%, according to MonitorBankRates trend data.
As of Mar 20, 2026 • Rate data sourced from 8,500+ monitored institutions
Powered by MonitorBankRates
Compare Mortgage Rates Today in Michigan
Source: Verified Mortgage Rate Data provided by MonitorBankRates
Lender
Product
Term
Rate
APR
Profile
Honor Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.80%
1010 Moore St, Allegan, MI, 49002
MSHDA 30 Year Fixed
5.75%
5.86%
▼
Rate5.75%
APR5.86%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Financial Plus Credit Union Flint, MI
Institution Rating:
A+5.0 ★Texas Ratio: 3.29%
15125 Silver Pkwy, Bay City, MI, 48423 2529
30 Year Fixed - without DPA
30 Year
5.75%
5.89%
▼
Rate5.75%
APR5.89%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Mi Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.77%
3707 W Maple Rd, Bloomfield Township, MI, 48301
30-Year Fixed RateMortgages
5.88%
6.03%
▼
Rate5.88%
APR6.03%
Points0.000
UpdatedMar 20, 2026
Details
No additional details available.
Wildfire Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.82%
100 Joseph Dr, Bay City, MI, 48603
30 Year Fixed
30 Year
6.00%
6.11%
▼
Rate6.00%
APR6.11%
Points0.000
UpdatedMar 15, 2026
Details
As Low As
Wildfire Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.82%
100 Joseph Dr, Bay City, MI, 48603
30 Year Fixed Mortgage
30
6.00%
6.11%
▼
Rate6.00%
APR6.11%
Points0.000
UpdatedMar 15, 2026
Details
As Low As
Dowagiac Area Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.04%
473 E Division St, Dowagiac, MI, 49047 1541
30 Year Fixed-Rate Purchase
6.00%
6.12%
▼
Rate6.00%
APR6.12%
Points0.000
UpdatedMar 18, 2026
Details
No additional details available.
Honor Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.80%
1010 Moore St, Allegan, MI, 49002
30 Year Fixed
6.00%
6.15%
▼
Rate6.00%
APR6.15%
Points0.750
UpdatedMar 20, 2026
Details
As Low As
First Area Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.42%
16630 Gratiot Rd, Hemlock, MI, 48609
30 Year Fixed Conventional FNMA
6.00%
6.24%
▼
Rate6.00%
APR6.24%
Points0.000
UpdatedMar 18, 2026
Details
No additional details available.
Freeland State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.19%
185 E Washington, Freeland, MI, 48623
30 Year Fixed Rate
6.12%
6.27%
▼
Rate6.12%
APR6.27%
Points0.000
UpdatedMar 20, 2026
Details
No additional details available.
Notre Dame Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.69%
500 E Michigan Ave, Lansing, MI, 48912 1186
30-Year Fixed Rate 30 Day Lock - 1% Point
30
6.00%
6.28%
▼
Rate6.00%
APR6.28%
Points1.000
UpdatedMar 17, 2026
Details
No additional details available.
Financial Plus Credit Union Flint, MI
Institution Rating:
A+5.0 ★Texas Ratio: 3.29%
15125 Silver Pkwy, Bay City, MI, 48423 2529
30 Year Fixed
30 Year
5.88%
6.29%
▼
Rate5.88%
APR6.29%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Financial Plus Credit Union Flint, MI
Institution Rating:
A+5.0 ★Texas Ratio: 3.29%
15125 Silver Pkwy, Bay City, MI, 48423 2529
30 Year Fixed - Purchase
30 Year
5.88%
6.29%
▼
Rate5.88%
APR6.29%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Range Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
100 Calumet St, Calumet, MI, 49802
30 year fixed
30
6.12%
6.29%
▼
Rate6.12%
APR6.29%
Points0.000
UpdatedMar 11, 2026
Details
No additional details available.
Kalsee Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.26%
119 N Main St, Kalamazoo, MI, 49001 3751
30 Year Fixed Conventional
30 Year
6.12%
6.31%
▼
Rate6.12%
APR6.31%
Points0.000
UpdatedMar 20, 2026
Details
No additional details available.
Honor Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.80%
1010 Moore St, Allegan, MI, 49002
30 Year Fixed
6.25%
6.33%
▼
Rate6.25%
APR6.33%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Team One Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.24%
1130 CLEAVER RD, BAD AXE, MI, 48304 1187
30 Year Fixed
30 Year
6.12%
6.33%
▼
Rate6.12%
APR6.33%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.86%
100 South Main Street, Alpena, MI, 49684
30 Year Fixed (Conforming)
6.25%
6.34%
▼
Rate6.25%
APR6.34%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
Citizens Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.28%
100 W Broad St, Ann Arbor, MI, 48009
30-Year Fixed Rate
6.25%
6.35%
▼
Rate6.25%
APR6.35%
Points0.500
UpdatedMar 18, 2026
Details
No additional details available.
Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
13602 E 14 Mile Rd, Ann Arbor, MI, 48017
30 Year Fixed-Rate Mortgage
30
6.25%
6.38%
▼
Rate6.25%
APR6.38%
Points0.377
UpdatedMar 20, 2026
Details
No additional details available.
Security Credit Union
Institution Rating:
A-5.0 ★Texas Ratio: 15.54%
1000 S Saginaw Rd, Burton, MI, 48091 2552
30 Year Fixed
30 Year
6.25%
6.39%
▼
Rate6.25%
APR6.39%
Points0.000
UpdatedMar 11, 2026
Details
As Low As
Jolt Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.30%
1002 S Washington Ave, Bay City, MI, 48601
30-Year Fixed
6.00%
6.40%
▼
Rate6.00%
APR6.40%
Points0.000
UpdatedMar 20, 2026
Details
5% Down Payment; Payments amortized 360 months
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
34100 Woodward Ave, Birmingham, MI, 48009
30-Year Fixed Rate
6.25%
6.40%
▼
Rate6.25%
APR6.40%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
OMNI Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.58%
1 Denso Rd, Bangor, MI, 49001
Conventional 30 Year Fixed
6.25%
6.41%
▼
Rate6.25%
APR6.41%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
TruNorth Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.55%
1419 N 2nd St, Ishpeming, MI, 49512
30 Year Fixed
6.25%
6.45%
▼
Rate6.25%
APR6.45%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.86%
100 South Main Street, Alpena, MI, 49684
30 Year Fixed (Conforming)
6.38%
6.46%
▼
Rate6.38%
APR6.46%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
Citizens Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.28%
100 W Broad St, Ann Arbor, MI, 48009
30-Year Fixed Rate
6.38%
6.46%
▼
Rate6.38%
APR6.46%
Points0.375
UpdatedMar 18, 2026
Details
Rates shown include 0.125% autopay and paperless discount.
Financial Plus Credit Union Flint, MI
Institution Rating:
A+5.0 ★Texas Ratio: 3.29%
15125 Silver Pkwy, Bay City, MI, 48423 2529
Rural Development Loans 30 Year Fixed
30 Year
5.88%
6.47%
▼
Rate5.88%
APR6.47%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Soo-Co-Op Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.87%
12214 W Lakeshore Dr, Brimley, MI, 49715
30 Year Fixed Rate
6.25%
6.49%
▼
Rate6.25%
APR6.49%
Points0.000
UpdatedMar 15, 2026
Details
As Low As
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.81%
1005 S Main St, Alpena, MI, 48742
30-Year Fixed Mortgage
6.25%
6.49%
▼
Rate6.25%
APR6.49%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
Highpoint Community Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.97%
124 W Michigan Ave, Caledonia, MI, 49058
30 Year Fixed Mortgage
6.38%
6.50%
▼
Rate6.38%
APR6.50%
Points0.000
UpdatedMar 20, 2026
Details
No additional details available.
Financial Plus Credit Union Flint, MI
Institution Rating:
A+5.0 ★Texas Ratio: 3.29%
15125 Silver Pkwy, Bay City, MI, 48423 2529
30 Year Fixed
6.38%
6.52%
▼
Rate6.38%
APR6.52%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
First Financial Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.48%
120 Ottawa Ave Nw, Grand Rapids, MI, 49503
30-year fixed
6.38%
6.52%
▼
Rate6.38%
APR6.52%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
Financial Plus Credit Union Flint, MI
Institution Rating:
A+5.0 ★Texas Ratio: 3.29%
15125 Silver Pkwy, Bay City, MI, 48423 2529
30 Year Fixed - with DPA
30 Year
6.38%
6.52%
▼
Rate6.38%
APR6.52%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Jolt Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.30%
1002 S Washington Ave, Bay City, MI, 48601
30-Year Fixed, Home Possible
6.12%
6.52%
▼
Rate6.12%
APR6.52%
Points0.000
UpdatedMar 20, 2026
Details
3% Down Payment; Payments amortized 360 months
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.86%
100 South Main Street, Alpena, MI, 49684
30 Year Fixed (Conforming)
6.50%
6.58%
▼
Rate6.50%
APR6.58%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
Financial Plus Credit Union Flint, MI
Institution Rating:
A+5.0 ★Texas Ratio: 3.29%
15125 Silver Pkwy, Bay City, MI, 48423 2529
30 Year Fixed
30 Year
6.50%
6.65%
▼
Rate6.50%
APR6.65%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Isabella Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.85%
1155 S Elizabeth ST, Mt Pleasant, MI, 48858
30-Year Fixed
6.50%
6.70%
▼
Rate6.50%
APR6.70%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
ELGA Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.21%
1390 N Leroy St, Bay City, MI, 48420
30 Year Fixed 1st Mortgage Purchase or Refinance (Fannie Mae and Government Programs)
30
6.50%
6.71%
▼
Rate6.50%
APR6.71%
Points0.000
UpdatedMar 13, 2026
Details
As Low As
Honor Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.80%
1010 Moore St, Allegan, MI, 49002
RD 30 Year Fixed
6.50%
7.03%
▼
Rate6.50%
APR7.03%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.81%
1005 S Main St, Alpena, MI, 48742
30-Year Fixed Rural Development
7.50%
7.76%
▼
Rate7.50%
APR7.76%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
Source: Verified Mortgage Rate Data provided by MonitorBankRates
Lender
Product
Term
Rate
APR
Profile
Mi Bank
Institution Rating:
A+5.0 ★Texas Ratio: 1.77%
3707 W Maple Rd, Bloomfield Township, MI, 48301
15-Year Fixed RateMortgages
5.12%
5.37%
▼
Rate5.12%
APR5.37%
Points0.000
UpdatedMar 20, 2026
Details
No additional details available.
Wildfire Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.82%
100 Joseph Dr, Bay City, MI, 48603
15 Year Fixed
15 Year
5.50%
5.68%
▼
Rate5.50%
APR5.68%
Points0.000
UpdatedMar 15, 2026
Details
As Low As
Wildfire Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.82%
100 Joseph Dr, Bay City, MI, 48603
15 Year Fixed Mortgage
15
5.50%
5.68%
▼
Rate5.50%
APR5.68%
Points0.000
UpdatedMar 15, 2026
Details
As Low As
Dowagiac Area Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.04%
473 E Division St, Dowagiac, MI, 49047 1541
15 Year Fixed-Rate Purchase
5.50%
5.70%
▼
Rate5.50%
APR5.70%
Points-0.125
UpdatedMar 18, 2026
Details
No additional details available.
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
34100 Woodward Ave, Birmingham, MI, 48009
15-Year Fixed Rate
5.50%
5.73%
▼
Rate5.50%
APR5.73%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
Citizens Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.28%
100 W Broad St, Ann Arbor, MI, 48009
15-Year Fixed Rate
5.62%
5.76%
▼
Rate5.62%
APR5.76%
Points0.375
UpdatedMar 18, 2026
Details
Rates shown include 0.125% autopay and paperless discount.
Citizens Bank
Institution Rating:
A5.0 ★Texas Ratio: 8.28%
100 W Broad St, Ann Arbor, MI, 48009
15-Year Fixed Rate
5.62%
5.77%
▼
Rate5.62%
APR5.77%
Points0.375
UpdatedMar 18, 2026
Details
No additional details available.
Team One Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.24%
1130 CLEAVER RD, BAD AXE, MI, 48304 1187
15 Year Fixed
15 Year
5.62%
5.82%
▼
Rate5.62%
APR5.82%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
Soo-Co-Op Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.87%
12214 W Lakeshore Dr, Brimley, MI, 49715
15 Year Fixed Rate
5.75%
5.86%
▼
Rate5.75%
APR5.86%
Points0.000
UpdatedMar 15, 2026
Details
As Low As
Honor Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.80%
1010 Moore St, Allegan, MI, 49002
15 Year Fixed
5.62%
5.87%
▼
Rate5.62%
APR5.87%
Points0.750
UpdatedMar 20, 2026
Details
As Low As
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.86%
100 South Main Street, Alpena, MI, 49684
15 Year Fixed (Conforming)
5.75%
5.88%
▼
Rate5.75%
APR5.88%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
OMNI Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.58%
1 Denso Rd, Bangor, MI, 49001
Conventional 15 Year Fixed
5.62%
5.88%
▼
Rate5.62%
APR5.88%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
Nicolet Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.86%
100 South Main Street, Alpena, MI, 49684
15 Year Fixed (Conforming)
5.75%
5.90%
▼
Rate5.75%
APR5.90%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
Notre Dame Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.69%
500 E Michigan Ave, Lansing, MI, 48912 1186
15-Year Fixed Rate 30 Day Lock - 1% Point
15
5.50%
5.96%
▼
Rate5.50%
APR5.96%
Points1.000
UpdatedMar 17, 2026
Details
No additional details available.
Security Credit Union
Institution Rating:
A-5.0 ★Texas Ratio: 15.54%
1000 S Saginaw Rd, Burton, MI, 48091 2552
15 Year Fixed
15 Year
5.75%
5.99%
▼
Rate5.75%
APR5.99%
Points0.000
UpdatedMar 11, 2026
Details
As Low As
Honor Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.80%
1010 Moore St, Allegan, MI, 49002
15 Year Fixed
5.88%
6.00%
▼
Rate5.88%
APR6.00%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Range Bank
Institution Rating:
A+5.0 ★Texas Ratio: 2.26%
100 Calumet St, Calumet, MI, 49802
15 year fixed
15
5.75%
6.01%
▼
Rate5.75%
APR6.01%
Points0.000
UpdatedMar 11, 2026
Details
No additional details available.
Isabella Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.85%
1155 S Elizabeth ST, Mt Pleasant, MI, 48858
15-Year Fixed
5.88%
6.04%
▼
Rate5.88%
APR6.04%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
13602 E 14 Mile Rd, Ann Arbor, MI, 48017
15 Year Fixed-Rate Mortgage
15
5.88%
6.05%
▼
Rate5.88%
APR6.05%
Points0.164
UpdatedMar 20, 2026
Details
No additional details available.
Freeland State Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.19%
185 E Washington, Freeland, MI, 48623
15 Year Fixed Rate
5.88%
6.06%
▼
Rate5.88%
APR6.06%
Points0.000
UpdatedMar 20, 2026
Details
No additional details available.
Kalsee Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.26%
119 N Main St, Kalamazoo, MI, 49001 3751
15 Year Fixed Conventional
15 Year
5.75%
6.06%
▼
Rate5.75%
APR6.06%
Points0.000
UpdatedMar 20, 2026
Details
No additional details available.
Highpoint Community Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.97%
124 W Michigan Ave, Caledonia, MI, 49058
15 Year Fixed Mortgage
5.88%
6.08%
▼
Rate5.88%
APR6.08%
Points0.000
UpdatedMar 20, 2026
Details
No additional details available.
TruNorth Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.55%
1419 N 2nd St, Ishpeming, MI, 49512
15 Year Fixed
5.75%
6.08%
▼
Rate5.75%
APR6.08%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
ELGA Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.21%
1390 N Leroy St, Bay City, MI, 48420
1st Mortgage Purchase or Refinance ELGA Portfolio 15 Year Fixed
15
5.75%
6.09%
▼
Rate5.75%
APR6.09%
Points0.000
UpdatedMar 13, 2026
Details
As Low As
Financial Plus Credit Union Flint, MI
Institution Rating:
A+5.0 ★Texas Ratio: 3.29%
15125 Silver Pkwy, Bay City, MI, 48423 2529
15 Year Fixed
15 Year
5.50%
6.14%
▼
Rate5.50%
APR6.14%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Financial Plus Credit Union Flint, MI
Institution Rating:
A+5.0 ★Texas Ratio: 3.29%
15125 Silver Pkwy, Bay City, MI, 48423 2529
15 Year Fixed - Purchase
15 Year
5.50%
6.14%
▼
Rate5.50%
APR6.14%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Wolverine State Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.10%
1381 N Bagley St, Alpena, MI, 48661
15 Year Fixed
15 Year
5.75%
6.18%
▼
Rate5.75%
APR6.18%
Points0.000
UpdatedMar 15, 2026
Details
As Low As
Financial Plus Credit Union Flint, MI
Institution Rating:
A+5.0 ★Texas Ratio: 3.29%
15125 Silver Pkwy, Bay City, MI, 48423 2529
15 Year Fixed
6.00%
6.24%
▼
Rate6.00%
APR6.24%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
First Financial Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.48%
120 Ottawa Ave Nw, Grand Rapids, MI, 49503
15-year fixed
6.00%
6.24%
▼
Rate6.00%
APR6.24%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
First Area Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.42%
16630 Gratiot Rd, Hemlock, MI, 48609
15 Year Fixed Conventional FNMA
5.88%
6.27%
▼
Rate5.88%
APR6.27%
Points0.000
UpdatedMar 18, 2026
Details
No additional details available.
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.81%
1005 S Main St, Alpena, MI, 48742
15-Year Fixed Mortgage
5.88%
6.28%
▼
Rate5.88%
APR6.28%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
Financial Plus Credit Union Flint, MI
Institution Rating:
A+5.0 ★Texas Ratio: 3.29%
15125 Silver Pkwy, Bay City, MI, 48423 2529
15 Year Fixed
15 Year
6.12%
6.36%
▼
Rate6.12%
APR6.36%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
ELGA Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.21%
1390 N Leroy St, Bay City, MI, 48420
15 Year Fixed 1st Mortgage Purchase or Refinance (Fannie Mae and Government Programs)
15
6.00%
6.38%
▼
Rate6.00%
APR6.38%
Points0.250
UpdatedMar 13, 2026
Details
As Low As
Jolt Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.30%
1002 S Washington Ave, Bay City, MI, 48601
15-Year Fixed
5.75%
6.41%
▼
Rate5.75%
APR6.41%
Points0.000
UpdatedMar 20, 2026
Details
5% Down Payment; Payments amortized 180 months
ELGA Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.21%
1390 N Leroy St, Bay City, MI, 48420
Investment Property 1st Mortgage Purchase or Refinance ELGA Portfolio 15 Year Fixed
15
7.00%
7.35%
▼
Rate7.00%
APR7.35%
Points0.000
UpdatedMar 13, 2026
Details
As Low As
Source: Verified Mortgage Rate Data provided by MonitorBankRates
Lender
Product
Term
Rate
APR
Profile
OMNI Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.58%
1 Denso Rd, Bangor, MI, 49001
5/1 30 Year ARM
5.25%
5.40%
▼
Rate5.25%
APR5.40%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
Northland Area Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.92%
112 N Cedar St, Alpena, MI, 48629
3 Year Adjustable Closed End
5.45%
5.53%
▼
Rate5.45%
APR5.53%
Points0.000
UpdatedMar 15, 2026
Details
As Low As
Dowagiac Area Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.04%
473 E Division St, Dowagiac, MI, 49047 1541
7/1 ARM
5.38%
5.88%
▼
Rate5.38%
APR5.88%
Points0.000
UpdatedMar 18, 2026
Details
No additional details available.
Dowagiac Area Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.04%
473 E Division St, Dowagiac, MI, 49047 1541
5/1 ARM
5.25%
5.93%
▼
Rate5.25%
APR5.93%
Points0.000
UpdatedMar 18, 2026
Details
No additional details available.
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
104 S Washington Sq, Auburn Hills, MI, 48072
Jumbo Adjustable-Rate Mortgages 5/1
5/1
5.75%
6.00%
▼
Rate5.75%
APR6.00%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
104 S Washington Sq, Auburn Hills, MI, 48072
Adjustable-Rate Mortgages 5/1
5/1
5.75%
6.08%
▼
Rate5.75%
APR6.08%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Notre Dame Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.69%
500 E Michigan Ave, Lansing, MI, 48912 1186
15/5 ARM
5.88%
6.14%
▼
Rate5.88%
APR6.14%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
13602 E 14 Mile Rd, Ann Arbor, MI, 48017
7-Year ARM
7-Year
5.75%
6.15%
▼
Rate5.75%
APR6.15%
Points0.088
UpdatedMar 20, 2026
Details
As Low As
Notre Dame Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.69%
500 E Michigan Ave, Lansing, MI, 48912 1186
Jumbo Adjustable Rate Loans 15/5 ARM
6.12%
6.23%
▼
Rate6.12%
APR6.23%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
34100 Woodward Ave, Birmingham, MI, 48009
7/6-Month ARM
5.88%
6.27%
▼
Rate5.88%
APR6.27%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
Notre Dame Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.69%
500 E Michigan Ave, Lansing, MI, 48912 1186
7/1 ARM
6.50%
6.58%
▼
Rate6.50%
APR6.58%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
Notre Dame Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.69%
500 E Michigan Ave, Lansing, MI, 48912 1186
Jumbo Adjustable Rate Loans 7/1 ARM
6.75%
6.58%
▼
Rate6.75%
APR6.58%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
104 S Washington Sq, Auburn Hills, MI, 48072
Vacant Land Lot 3/1
3/1
6.75%
6.61%
▼
Rate6.75%
APR6.61%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Notre Dame Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.69%
500 E Michigan Ave, Lansing, MI, 48912 1186
Jumbo Adjustable Rate Loans 10/1 ARM
6.88%
6.74%
▼
Rate6.88%
APR6.74%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
Source: Verified Mortgage Rate Data provided by MonitorBankRates
Lender
Product
Term
Rate
APR
Profile
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
104 S Washington Sq, Auburn Hills, MI, 48072
Jumbo Fixed-Rate Mortgages 15 Year
15 Year
5.38%
5.57%
▼
Rate5.38%
APR5.57%
Points1.000
UpdatedMar 20, 2026
Details
As Low As
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
104 S Washington Sq, Auburn Hills, MI, 48072
Jumbo Fixed-Rate Mortgages 15 Year
15 Year
5.62%
5.66%
▼
Rate5.62%
APR5.66%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
104 S Washington Sq, Auburn Hills, MI, 48072
Jumbo Fixed-Rate Mortgages 30 Year
30 Year
5.88%
5.99%
▼
Rate5.88%
APR5.99%
Points1.000
UpdatedMar 20, 2026
Details
As Low As
Notre Dame Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.69%
500 E Michigan Ave, Lansing, MI, 48912 1186
60 Day Lock 0.5% Point JUMBO Interest Rate 10-Year
5.88%
6.13%
▼
Rate5.88%
APR6.13%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 9.68%
104 S Washington Sq, Auburn Hills, MI, 48072
Jumbo Fixed-Rate Mortgages 30 Year
30 Year
6.12%
6.15%
▼
Rate6.12%
APR6.15%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Notre Dame Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.69%
500 E Michigan Ave, Lansing, MI, 48912 1186
60 Day Lock 0.5% Point JUMBO Interest Rate 15-Year
6.00%
6.18%
▼
Rate6.00%
APR6.18%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
13602 E 14 Mile Rd, Ann Arbor, MI, 48017
15 Year Fixed Jumbo Mortgage Loan
15 Year
6.12%
6.22%
▼
Rate6.12%
APR6.22%
Points0.164
UpdatedMar 20, 2026
Details
As Low As
Consumers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.07%
1037 Washington Ave, Battle Creek, MI, 48823
30-Yr JUMBO Fixed
6.38%
6.39%
▼
Rate6.38%
APR6.39%
Points0.000
UpdatedMar 18, 2026
Details
No additional details available.
Notre Dame Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.69%
500 E Michigan Ave, Lansing, MI, 48912 1186
60 Day Lock 0.5% Point JUMBO Interest Rate 20-Year
6.25%
6.40%
▼
Rate6.25%
APR6.40%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
Notre Dame Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.69%
500 E Michigan Ave, Lansing, MI, 48912 1186
60 Day Lock 0.5% Point JUMBO Interest Rate 30-Year
6.50%
6.62%
▼
Rate6.50%
APR6.62%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
Consumers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.07%
1037 Washington Ave, Battle Creek, MI, 48823
30-Yr JUMBO Refi
6.75%
6.76%
▼
Rate6.75%
APR6.76%
Points0.000
UpdatedMar 18, 2026
Details
No additional details available.
Source: Verified Mortgage Rate Data provided by MonitorBankRates
Lender
Product
Term
Rate
APR
Profile
Consumers Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.07%
1037 Washington Ave, Battle Creek, MI, 48823
30-Yr FHA
5.99%
6.61%
▼
Rate5.99%
APR6.61%
Points0.000
UpdatedMar 18, 2026
Details
No additional details available.
OMNI Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.58%
1 Denso Rd, Bangor, MI, 49001
FHA 30 Year Fixed
6.50%
6.66%
▼
Rate6.50%
APR6.66%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
Advantage One Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.22%
11153 Telegraph Rd, Brownstown, MI, 48134
FHA Fixed-Rate Mortgage
30-Year
6.25%
6.67%
▼
Rate6.25%
APR6.67%
Points0.000
UpdatedMar 20, 2026
Details
No additional details available.
Honor Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.80%
1010 Moore St, Allegan, MI, 49002
FHA 30 Year Fixed
6.00%
6.68%
▼
Rate6.00%
APR6.68%
Points0.750
UpdatedMar 20, 2026
Details
As Low As
Advantage One Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.22%
11153 Telegraph Rd, Brownstown, MI, 48134
FHA Fixed-Rate Mortgage
15-Year
6.00%
6.68%
▼
Rate6.00%
APR6.68%
Points0.000
UpdatedMar 20, 2026
Details
No additional details available.
First Financial Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.48%
120 Ottawa Ave Nw, Grand Rapids, MI, 49503
30-year fixed FHA
5.88%
6.71%
▼
Rate5.88%
APR6.71%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
Honor Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.80%
1010 Moore St, Allegan, MI, 49002
FHA 30 Year Fixed
6.25%
6.86%
▼
Rate6.25%
APR6.86%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
First State Bank (MI)
Institution Rating:
A+5.0 ★Texas Ratio: 1.41%
11555 26 Mile Rd, Chesterfield, MI, 48021
FHA
6.12%
6.99%
▼
Rate6.12%
APR6.99%
Points0.000
UpdatedMar 20, 2026
Details
No additional details available.
Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
13602 E 14 Mile Rd, Ann Arbor, MI, 48017
15 Year Fixed FHA Mortgage
15 Year
6.38%
7.19%
▼
Rate6.38%
APR7.19%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Michigan Schools And Government Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.83%
13602 E 14 Mile Rd, Ann Arbor, MI, 48017
30 Year Fixed FHA Mortgage
30 Year
6.50%
7.30%
▼
Rate6.50%
APR7.30%
Points0.000
UpdatedMar 20, 2026
Details
As Low As
Source: Verified Mortgage Rate Data provided by MonitorBankRates
Lender
Product
Term
Rate
APR
Profile
Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
34100 Woodward Ave, Birmingham, MI, 48009
30-Year Fixed-Rate VA
5.62%
5.82%
▼
Rate5.62%
APR5.82%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
Advantage One Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.22%
11153 Telegraph Rd, Brownstown, MI, 48134
VA Fixed-Rate Mortgage
15-Year
6.00%
6.60%
▼
Rate6.00%
APR6.60%
Points0.000
UpdatedMar 20, 2026
Details
No additional details available.
Advantage One Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.22%
11153 Telegraph Rd, Brownstown, MI, 48134
VA Fixed-Rate Mortgage 15-Year
15-Year
6.00%
6.60%
▼
Rate6.00%
APR6.60%
Points0.000
UpdatedMar 20, 2026
Details
No additional details available.
Advantage One Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.22%
11153 Telegraph Rd, Brownstown, MI, 48134
VA Fixed-Rate Mortgage
30-Year
6.25%
6.62%
▼
Rate6.25%
APR6.62%
Points0.000
UpdatedMar 20, 2026
Details
No additional details available.
Advantage One Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.22%
11153 Telegraph Rd, Brownstown, MI, 48134
VA Fixed-Rate Mortgage 30-Year
30-Year
6.25%
6.62%
▼
Rate6.25%
APR6.62%
Points0.000
UpdatedMar 20, 2026
Details
No additional details available.
OMNI Community Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.58%
1 Denso Rd, Bangor, MI, 49001
VA 30 Year Fixed
6.50%
6.66%
▼
Rate6.50%
APR6.66%
Points0.000
UpdatedMar 15, 2026
Details
No additional details available.
First Financial Bank
Institution Rating:
A+5.0 ★Texas Ratio: 3.48%
120 Ottawa Ave Nw, Grand Rapids, MI, 49503
30-year fixed VA
6.12%
6.69%
▼
Rate6.12%
APR6.69%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.81%
1005 S Main St, Alpena, MI, 48742
15-Year Fixed Vacant Land
6.88%
7.29%
▼
Rate6.88%
APR7.29%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
Alpena-Alcona Area Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.81%
1005 S Main St, Alpena, MI, 48742
30-Year Fixed Vacant Land
7.25%
7.51%
▼
Rate7.25%
APR7.51%
Points0.000
UpdatedMar 17, 2026
Details
No additional details available.
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The mortgage rates displayed are verified and sourced directly from the official websites of the listed financial institutions. Your final approved rate will depend on your specific credit history, credit score, loan amount, and down payment.
Banks and Credit Unions: If you need to update your rate data or request removal from MonitorBankRates.com, please contact us here.
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Mortgage Calculators
Methodology & Data Sources
Direct-Sourced & Verified Mortgage Rate Data: We aggregate mortgage and refinance rates for Michigan directly from the official websites of local lenders, credit unions, and national mortgage originators using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every rate displayed is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available home loan products in Michigan. We feature a comprehensive mix of licensed NMLS financial institutions — from neighborhood credit unions and competitive regional banks to large national originators available to borrowers in MI.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update mortgage rates daily. Because rates and APRs can fluctuate rapidly based on bond markets and economic conditions, every loan product features its own “last updated” date for full transparency.
Proprietary Lender Health & Safety Grades: Beyond tracking rates, MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data — including the Texas Ratio — ensuring you compare rates from secure, reliable lenders.
Frequently Asked Questions about Mortgage Rates in Michigan
How does my credit score affect my rate in Michigan?
Your credit score is a major factor. Generally, borrowers in Michigan with higher credit scores (760+) receive the lowest interest rates.
What is a 30-Year Fixed Mortgage?
A 30-year fixed-rate mortgage is a home loan where the interest rate remains the same for the entire 30-year term. It is the most popular type of mortgage in Michigan because it offers lower monthly payments compared to shorter-term loans.
What are closing costs in Michigan?
Closing costs are fees paid at the end of a real estate transaction, typically ranging from 2% to 5% of the loan amount. In Michigan, these may include appraisal fees, title insurance, and recording fees.
Should I lock my mortgage rate?
If you are satisfied with the current rate and worried rates might rise before closing on your home in Michigan, locking your rate is a good idea. It guarantees your rate for a specific period.
What is an Adjustable-Rate Mortgage (ARM)?
An ARM has an interest rate that can change over time. It usually starts with a lower fixed rate for a period (e.g., 5 years) before adjusting annually based on market indices.
What is a Jumbo Loan in Michigan?
A Jumbo Loan exceeds the conforming loan limits set by the FHFA. In high-cost areas of Michigan, these limits are higher. These loans typically require stronger credit and larger down payments.
Do I need 20% down to buy a house in Michigan?
No. While 20% avoids Private Mortgage Insurance (PMI), many lenders in Michigan offer loans with as little as 3% or 3.5% down (FHA). VA loans may require no down payment.
What is the difference between Interest Rate and APR?
The interest rate is the cost of borrowing the principal. The APR (Annual Percentage Rate) includes the interest rate plus other costs like points and fees, giving a truer cost of the loan.
How do I find the best lender in Michigan?
Compare rates from multiple sources including local banks, credit unions, and online lenders using the tables on this page to find the best offer for your situation.
What are the best Mortgage rates in Michigan?
- Honor Credit Union: 5.75% (MSHDA 30 Year Fixed)
- Financial Plus Credit Union Flint, MI: 5.75% (30 Year Fixed - without DPA)
- Mi Bank: 5.88% (30-Year Fixed RateMortgages)
- Wildfire Credit Union: 6.00% (30 Year Fixed)
- Dowagiac Area Federal Credit Union: 6.00% (30 Year Fixed-Rate Purchase)
Mortgage Rates reflect actual verified offers from lenders actively lending to Michigan borrowers. Your final approved rate will depend on your credit profile, loan-to-value ratio, and daily market movements. Last Updated and Verified: March 20, 2026
Mortgage Rates by City in Michigan
