Michigan home loan rates are looking great at the $300,000 range thanks to the Fed keeping interest rates low for the entire country. Right now, you can benefit from a buyer’s market as interest rates are near historic lows and home prices have dropped up to 50% in some U.S. cities.
Browse the best mortgage financing deals in Michigan for the week on a $300,000 loan.
Michigan 30 Year Mortgage Loan Rate: $300,000
RoundPoint Mortgage Company 30 Year fixed rate at 4.5% with an estimated monthly payment of $1,520
Affiliated Financial Group 30 Year fixed rate at 4.375% with an estimated monthly payment of $1,498
Guaranteed Rate 30 Year fixed rate at 4.75% with an estimated monthly payment of $1,565
Michigan 15 Home Loan Rate: $300,000
Quicken Loans 15 Year fixed rate at 3.99% with an estimated monthly payment of $2,218
EverBank 15 Year fixed rate at 4.0% with an estimated monthly payment of $2,219
CapWest Mortgage 15 Year fixed rate at 4.125% with an estimated monthly payment of $2,238
Michigan home loans rates are expected to steadily rise steadily as mortgages get more expensive early next year.
Mortgage rates accurate as of publishing date and based on a loan amount of $300,000. Please see the financial institution about any changes and additional fees.
