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Compare New Mortgage Rates in Michigan

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Bankrate.com

New Mortgage Loans in MI

Compare today's new mortgage loan rates in Michigan. Search for lenders and rates available in your area of Michigan. Refine your search by entering your ZIP code, loan amount information and/or the type of loan product desired.

Popular metropolitan areas for Michigan:
Detroit | Grand Rapids

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Searching the Detroit, MI market.

Rate Search Results				Click here for column definitions
Lender	Date	Rate	APR*	Fees	Points	Lock	Monthly($)
Amerisave Mortgage Corporation	11/20/09	4.750	4.890	$0	1.594/ 0.000	30	$1,043
Amerisave Mortgage Corporation	11/20/09	5.250	5.250	$0	0.000/ 0.000	30	$1,104
Ditech	11/20/09	5.125	5.317	$669	1.800/ 0.000	60	$1,089
Quicken Loans	11/20/09	4.875	5.034	$1,600	1.000/ 0.000	45	$1,058
Amerisave Mortgage Corporation	11/20/09	4.875	4.947	$0	0.821/ 0.000	30	$1,058
Quicken Loans	11/20/09	5.125	5.267	$3,164	0.000/ 0.000	45	$1,089
Quicken Loans	11/20/09	4.750	4.975	$1,600	1.750/ 0.000	45	$1,043
First Place Bank	11/18/09	4.875	4.963	$2,000	0.000/ 0.000	30	$1,058
Bank of America	11/18/09	5.250	5.335	$1,400	0.250/ 0.000	30	$1,104
Charter One Bank	11/18/09	5.000	5.044	$1,000	0.000/ 0.000	60	$1,074
Comerica Bank	11/18/09	4.960	5.048	$2,000	0.000/ 0.000	60	$1,069
Citizens First Savings Bank	11/18/09	4.875	4.941	$1,500	0.000/ 0.000	30	$1,058
Chase Bank	11/18/09	5.375	5.405	$669	0.000/ 0.000	60	$1,120
Many lenders and institutions have different rates on their own Websites than those posted on Bankrate.com. In order to get the Bankrate.com rate, please identify yourself as a Bankrate.com customer. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the lender you choose, please email us. The rates above were collected by Bankrate.com on the dates specified. Rates are subject to change without notice and may vary from branch to branch. Rate/APR and terms may vary based on the creditworthiness of the individual and the extent to which the product differs from the one used for Bankrate.com quotes. For criteria used in surveys of rates above click on the appropriate product group: Mortgages, Home Equity, CD, Auto and Checking/Savings. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration. Bankrate.com rates banks, thrifts and credit unions through proprietary Safe & Sound star rating system. Rates are subject to change without notice and may vary from branch to branch.

Mortgage Articles

All about home equity loans

All about home equity loans
Home equity loans can be used by homeowners for a variety of reasons - some good and some bad. Before deciding whether or not getting a home equity loan is right for you, get a solid understanding of exactly what a home equity loan is and how this type of loan can help you. Read on for details. Read more

Understanding the Truth in Lending Act

Understanding the Truth in Lending Act
Enacted in 1968, The Truth in Lending Act came into being for the sole purpose of keeping borrowers from falling victim to predatory lenders. The law mandates that lenders are responsible for making sure that consumers are aware of what they are agreeing to when they borrow money. Read more

:: More Mortgage Articles

Mortgage Tips

Do you need a loan modification?
Loan modifications can be of great help to homeowners who have fallen behind in their payments, but it is important for those homeowners to do their homework first. Read more

The pre-approval letter can be important
Obtaining a pre-approval letter is an important part of searching for a new home. Why? There are many reasons for its importance. Read more

:: More Mortgage Tips

Mortgage FAQs

Mortgage FAQs

:: More Mortgage FAQs

Mortgage Calculators

ARM vs. Fixed Rate Mortgage Calculator		Loan Comparison Calculator
	Use this calculator to compare a fixed rate mortgage to two types of ARMs, a fully-amortizing ARM and an interest-only ARM.		Use this calculator to sort through the monthly payments, fees and other costs associated with comparing loan options.

:: More Mortgage Calculators

About our Michigan new mortgage loan comparisons

We strive to provide comprehensive listings of new mortgage loan rates in Michigan to help you find a home loan that meets your individual needs. We hope to make the comparison process simple and easy and, in the end, help you save money on your mortgage costs in MI. For more information about home loans, visit our home loan FAQs.


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