Michigan — Saturday, May 18, 2013

Zillow Mortgage Marketplace's current mortgage rates in Michigan for 30-year fixed-rate mortgages increased 1 basis point from 3.56% to 3.57% on Saturday. State mortgage rates today ranged from the lowest rate of 3.50% (DC) to the highest rate of 3.62% (ND). Michigan mortgage rates today are 1 basis point higher than the national average of 3.56%.

The Michigan mortgage interest rate on May 18, 2013, is up 21 basis points from last week's average Michigan rate of 3.36%.