Michigan Mortgage Rates
(Effective Wednesday 5/15/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.67% with 0.41 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.88% with 0.31 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 5/8/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.59% with 0.33 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.81% with 0.29 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 5/1/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.60% with 0.30 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.84% with 0.26 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 4/24/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.65% with 0.41 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.89% with 0.40 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 4/17/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.67% with 0.50 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.92% with 0.34 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 4/10/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.68% with 0.43 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.91% with 0.34 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 4/3/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.76% with 0.43 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.99% with 0.36 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 3/27/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.79% with 0.44 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.02% with 0.42 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 3/20/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.82% with 0.38 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.02% with 0.36 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 3/13/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.81% with 0.39 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.01% with 0.42 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 3/6/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.70% with 0.39 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.96% with 0.36 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 2/27/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.77% with 0.48 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.03% with 0.34 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 2/20/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.78% with 0.40 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.03% with 0.38 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 2/13/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.75% with 0.43 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.01% with 0.28 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 2/6/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.73% with 0.43 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.00% with 0.33 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 1/30/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.67% with 0.42 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.95% with 0.38 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 1/23/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.62% with 0.43 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.87% with 0.39 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 1/16/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.61% with 0.38 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.88% with 0.27 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 1/9/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.61% with 0.41 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.88% with 0.39 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 1/2/13)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.52% with 0.48 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.86% with 0.27 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 12/19/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.50% with 0.44 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.83% with 0.26 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 12/12/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.47% with 0.36 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.85% with 0.26 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 12/5/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.52% with 0.41 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.86% with 0.27 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 11/28/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.53% with 0.40 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.89% with 0.35 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 11/21/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.54% with 0.40 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.89% with 0.25 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 11/14/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.52% with 0.41 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.88% with 0.37 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 11/7/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.61% with 0.45 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.95% with 0.40 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 10/31/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.65% with 0.39 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.95% with 0.35 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 10/24/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.63% with 0.45 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.96% with 0.36 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 10/17/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.57% with 0.44 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.87% with 0.39 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 10/10/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.56% with 0.39 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.88% with 0.40 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 10/3/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.53% with 0.35 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.90% with 0.27 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 9/26/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.63% with 0.41 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 2.98% with 0.41 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 9/19/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.72% with 0.45 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.03% with 0.39 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 9/12/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.75% with 0.44 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.07% with 0.38 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 9/5/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.78% with 0.37 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.10% with 0.37 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 8/29/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.80% with 0.42 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.12% with 0.44 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 8/22/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.86% with 0.42 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.15% with 0.44 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 8/15/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.76% with 0.47 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.12% with 0.40 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 8/8/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.76% with 0.46 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.08% with 0.41 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 8/1/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.75% with 0.51 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.09% with 0.49 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 7/25/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.74% with 0.43 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.07% with 0.45 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 7/18/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.74% with 0.45 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.12% with 0.48 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 7/11/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.79% with 0.36 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.15% with 0.43 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Thursday 7/5/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.86 with 0.41 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.20% with 0.47 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 6/27/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.88% with 0.40 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.24% with 0.44 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 6/20/12)
- The average contract interest rate for 30-year fixed-rate mortgages =3.87% with 0.49 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.25% with 0.45 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 6/13/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.88% with 0.43 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.23% with 0.48 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 6/6/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.87% with 0.46 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.20% with 0.46 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 5/30/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.91% with 0.46 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.23% with 0.39 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 5/23/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.93% with 0.39 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.26% with 0.42 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 5/16/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 3.96% with 0.37 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.26% with 0.41 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 5/9/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.01% with 0.41 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.29% with 0.32 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 5/2/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.05% with 0.44 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.31% with 0.41 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 4/25/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.04% with 0.40 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.32% with 0.41 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 4/18/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.05% with 0.45 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.33% with 0.41 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 4/11/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.10% with 0.43 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.37% with 0.37 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 4/4/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.16% with 0.43 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.40% with 0.41 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 3/28/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.23% with 0.45 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.50% with 0.42 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 3/21/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.19% with 0.47 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.47% with 0.40 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 3/14/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.06% with 0.43 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.36% with 0.34 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 3/7/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.06% with 0.50 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.36% with 0.38 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 2/29/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.07% with 0.51 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.36% with 0.38 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 2/22/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.09% with 0.53 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.38% with 0.37 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 2/15/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.08% with 0.51 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.33% with 0.40 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 2/8/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.05% with 0.44 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.33% with 0.37 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 2/1/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.09% with 0.41 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.36% with 0.41 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 1/25/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.11% with 0.47 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.40% with 0.40 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 1/18/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.06% with 0.48 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.33% with 0.39 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 1/11/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.11% with 0.41 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.40% with 0.37 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 1/4/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.07% with 0.53 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.37% with 0.50 points (including the origination fee).
Courtesy of Mortgage Bankers Association
