November 5, 2026
A 4th straight weekly decline takes the 30-year mortgage rate to 7.12%
FHA at 6.90%, the 15-year at 6.57%, and what this week's move costs a Traverse City buyer. National locked-rate data for November 5.
Market news
Michigan mortgage & housing market news
Rate moves, program changes and market shifts — covered for Michigan specifically, not syndicated national copy.
October 29, 2026
A 3rd straight weekly decline takes the 30-year mortgage rate to 7.22%
FHA at 7.07%, the 15-year at 6.57%, and what this week's move costs a Kalamazoo buyer. National locked-rate data for October 29.
October 22, 2026
The 30-year mortgage rate edges up 0.01 to 7.30%
FHA at 7.11%, the 15-year at 6.57%, and what this week's move costs a Ann Arbor buyer. National locked-rate data for October 22.
October 15, 2026
First weekly drop in 7 weeks: the 30-year mortgage rate eases to 7.38%
FHA at 7.20%, the 15-year at 6.81%, and what this week's move costs a Lansing buyer. National locked-rate data for October 15.
October 8, 2026
A 6th straight weekly rise takes the 30-year mortgage rate to 7.43%
FHA at 7.21%, the 15-year at 6.81%, and what this week's move costs a Grand Rapids buyer. National locked-rate data for October 7.
October 1, 2026
Highest since November 2023: the 30-year mortgage rate at 7.37% after a 5th straight weekly rise
FHA at 7.10%, the 15-year at 6.68%, and what this week's move costs a Detroit buyer. National locked-rate data for October 1.
September 24, 2026
A 5th straight weekly rise takes the 30-year mortgage rate to 7.05%
Michigan rate estimates for the week of September 24: the 30-year fixed at 7.05%, FHA at 6.71%, up 0.08 points on the week.
September 17, 2026
Highest since January 2025: the 30-year mortgage rate at 6.97% after a 4th straight weekly rise
Michigan rate estimates for the week of September 17: the 30-year fixed at 6.97%, FHA at 6.63%, up 0.19 points on the week.
September 10, 2026
Highest since June 2025: the 30-year mortgage rate at 6.78% after a 3rd straight weekly rise
Michigan rate estimates for the week of September 10: the 30-year fixed at 6.78%, FHA at 6.44%, up 0.05 points on the week.
September 3, 2026
Highest since July 2025: the 30-year mortgage rate at 6.73%
Michigan rate estimates for the week of September 3: the 30-year fixed at 6.73%, FHA at 6.39%, up 0.05 points on the week.
August 27, 2026
The 30-year mortgage rate edges up 0.01 to 6.68%
Michigan rate estimates for the week of August 27: the 30-year fixed at 6.68%, FHA at 6.34%, up 0.01 points on the week.
August 20, 2026
The 30-year mortgage rate dips 0.02 to 6.67%
Michigan rate estimates for the week of August 20: the 30-year fixed at 6.67%, FHA at 6.33%, down 0.02 points on the week.
August 13, 2026
First weekly drop in 6 weeks: the 30-year mortgage rate eases to 6.69%
Michigan rate estimates for the week of August 13: the 30-year fixed at 6.69%, FHA at 6.35%, down 0.02 points on the week.
August 6, 2026
A 5th straight weekly rise takes the 30-year mortgage rate to 6.71%
Michigan rate estimates for the week of August 6: the 30-year fixed at 6.71%, FHA at 6.37%, up 0.03 points on the week.
July 30, 2026
Highest since July 2025: the 30-year mortgage rate at 6.68% after a 4th straight weekly rise
Michigan rate estimates for the week of July 30: the 30-year fixed at 6.68%, FHA at 6.34%, up 0.08 points on the week.
July 23, 2026
A 3rd straight weekly rise takes the 30-year mortgage rate to 6.60%
Michigan rate estimates for the week of July 23: the 30-year fixed at 6.60%, FHA at 6.26%, up 0.03 points on the week.
July 16, 2026
Highest since August 2025: the 30-year mortgage rate at 6.57%
Michigan rate estimates for the week of July 16: the 30-year fixed at 6.57%, FHA at 6.23%, up 0.06 points on the week.
July 9, 2026
The 30-year mortgage rate tops 6.5%, at 6.51%
Michigan rate estimates for the week of July 9: the 30-year fixed adds 6 bps to 6.51%, FHA at 6.17%, as a hotter CPI print snaps the recent decline.
July 1, 2026
The 30-year mortgage rate dips 0.04 to 6.45%
Michigan rate estimates for the week of July 1: the 30-year fixed at 6.45%, FHA at 6.12%, a third straight weekly decline.
June 24, 2026
The MI 10K DPA is the best-kept secret in Michigan real estate. Here's exactly how it works.
Michigan's $10,000 down payment assistance is a 0% loan with no monthly payment — yet most eligible buyers never claim it. Limits, the 640 rule, and how to apply.