Loan Michigan is committed to helping you find the right product or advice for your particular needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements. We make the process of securing a mortgage or loan simple and straightforward by offering you the latest in financial tools and only the most experienced staff. 

At Loan Michigan we offer the full spectrum of products and advice for residential, commercial or business financing. 

30-year fixed-rate mortgage: Averaged 5.03 % with an average 0.7 point for the week ending February 4, 2010, this is up from last week when it averaged 4.98 % Last year at this time, the 30-year fixed-rate-mortgages averaged 5.25 %.

The 15-year fixed-rate mortgage: Averaged 4.40 % with an average 0.7 point, up slightly from last week when it averaged 4.39 %. A year ago at this time, the 15-year FRM averaged 4.92 %.

Five-year adjustable-rate mortgages ARMs: Averaged 4.27 % this week, with an average 0.6 point, up from last week when it averaged 4.25 %. A year ago, the 5-year ARM averaged 5.26 %.

One-year Treasury-indexed ARMs: Averaged 4.22 % this week with an average 0.5 point, down from last week when it averaged 4.29 %. At this time last year, the 1-year ARM averaged 4.92 %.