Compare the Best Local Rates

Lowest 15-Year Fixed Home Loan Rates in Detroit

When shopping around for the best home loan rates in Detroit, it’s important to research a variety of types of mortgages. Fixed rate mortgages are popular, but the common 30-year term is not your only option. Below are the best Detroit home loan rates for a 15-year fixed rate mortgage.

Best Home Loan Rates in Detroit, Michigan: 15-Year Fixed

Aurora Bank: 3.654% APR
AimLoan.com: 3.772% APR
Mortgage Capital Associates: 3.750% APR
Roundpoint Mortgage Company: 3.750% APR
Freedom Mortgage: 3.774% APR

Please note these rates are based on a principal loan amount of $300,000 and are accurate as of May 9, 2011. Rates are subject to change at any time in the future at the discretion of the individual lender. You may be offered a different rate based on your credit profile.