Michigan — Wednesday, February 22, 2012

Zillow Mortgage Marketplace's current mortgage rates in Michigan for 30-year fixed-rate mortgages dropped 1 basis points from 3.89% to 3.88% on Wednesday. State mortgage rates today ranged from the lowest rate of 3.73% (WA) to the highest rate of 3.88% (MI). Michigan mortgage rates today are 9 basis points higher than the national average of 3.79%.

The Michigan mortgage interest rate on February 22, 2012, is up 6 basis points from last week's average Michigan rate of 3.82%.