current mortgage rates michigan

current mortgage rates michigan

Toronto 5‑Year Mortgage Rates vs Michigan 30‑Year Mortgage Rates

0.25 percent is the gap that now puts Toronto’s five-year fixed mortgage rate below Michigan’s thirty-year fixed rate, a reversal that flips the usual savings trend. By May 1, 2026 the Toronto rate sits at 6.15% while Michigan’s 30-year sits at 6.40%, giving borrowers