Current 15-Year Fixed Detroit Home Loan Rates

If you are currently looking for a mortgage, you’re probably familiar with 30-year fixed rate mortgages. These are just about the most popular type of Detroit home loan, but they’re not necessarily always the best. For anyone who wants a fixed rate mortgage and the best interest rate, it’s helpful to broaden the search across various term lengths.

The 15-year fixed rate mortgage is another common type of home loan that offers great rates. Below is a list of the Detroit lenders with the best offers on these loans today.

Best 15-Year Fixed Home Loan Rates in Detroit, MI

AimLoan.com: 3.722% APR
Aurora Bank: 3.779% APR
EverBank: 3.907% APR
Flagstar: 3.986% APR
Gold Star Mortgage Financial Group: 4.056% APR

The above rates are based on a home loan amount of $300,000 and are accurate as of May 19, 2011. Interest rates are subject to change at any time and you may be offered a different rate based on your credit.