Michigan Mortgage Rates and Information

Absolute Mortgage Company offers the lowest mortgage rates in Michigan. Whether you are purchasing a home in Detroit, Lansing, Ann Arbor, Bay City, Flint, Grand Rapids, Holland, Saginaw or anywhere in between we are here to help. Not just with new home purchases but also with refinancing, reverse mortgages, and commercial financing.

Please scroll down to see current Michigan mortgage rates. Be sure to sign up for our e-mail interest rate alerts that inform you when rates in Michigan hit your target level. Please feel free to contact us with any questions or concerns. We hope you enjoy your visit!

Current Michigan Mortgage Rates
Total Absolute Mortgage Company Fees
Only $399 (Plus Credit and Appraisal)

*All of our programs have no application fees¹
*All of our programs have no lock-in fees
*All of our programs have a 1 time Free Float Down up until 10 business days prior
  to settlement^2-4
*Certain third party title and attorney related fees may apply

NEVER A PREPAYMENT PENALTY
NO NEGATIVE AMORTIZATION PRODUCTS
NO OPTION ARMS

Conventional Fixed
30 Year				20 Year
Points	Rate	A.P.R		Points	Rate	A.P.R
.125	5.25	5.29		.125	5.25	5.31
2	4.75	4.93		2	4.75	5.00
15 Year				10 Year
Points	Rate	A.P.R		Points	Rate	A.P.R
0	4.75	4.78		0	4.75	4.79
1.75	4.25	4.52		1.75	4.25	4.65

Conventional Fixed - With 15 Day Locks Click here to get more information about this special pricing
30 Year				20 Year
Points	Rate	A.P.R		Points	Rate	A.P.R
0	5.25	5.27		0	5.25	5.28
15 Year				10 Year
Points	Rate	A.P.R		Points	Rate	A.P.R
0	4.625	4.66		0	4.625	4.67

Principal and Interest                                   Interest Only Fixed
40 Year				30 Year
Points	Rate	A.P.R		Points	Rate	A.P.R
0	6.25	6.28		0	7.125	7.16

Jumbo Fixed
30 Year				15 Year
Points	Rate	A.P.R		Points	Rate	A.P.R
0	7.5	7.52		0	6.5	6.52
0	0	0		0	0	0

Jumbo Conforming Fixed
30 Year				15 Year
Points	Rate	A.P.R		Points	Rate	A.P.R
0	5.875	5.91		0	5.375	5.41
0	0	0		0	0	0

Click here to get more information about Jumbo Conforming Fixed

Adjustables - 0 Points
Program	Rate	A.P.R
1 Yr Arm	3.625	3.68
3 Yr Arm	3.625	3.68
5 Yr Arm	4.125	4.18
7 Yr Arm	4.625	4.68
10 Yr Arm	5	5.05

We also offer INTEREST ONLY ARMs. An adjustment may apply.

Interest Rates Are Subject To Confirmation
Programs and Rates Vary From State To State
¹Except in New Jersey where our processing fee is labeled as an application fee
²As long as you are within 60 days of your settlement
³Except 1^st and 2^nd combo mortgages
⁴This varies between purchases and refinances
 Rates subject to change without notice