Mortgage Rate Update

On Tuesday, Lansing Metro Area mortgage rates for 30-year fixed-rate mortgages rose 6 basis points from 3.75% to 3.81%. Rates for 15-year fixed-rate mortgages are up 8 basis points from 3.05% to 3.12%. Mortgage rates for 5/1 ARM loans climbed 2 basis points from 3.42% to 3.43%

MI Mortgage Rates
3.81% 30-Year Fixed
3.12% 15-Year Fixed
3.43% 5/1 ARM


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Note: Rates are averages and vary on a case by case basis.

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