Mortgage Glossary: 2/1 Buy Down Mortgage The 2/1 Buy Down Mortgage allows the borrower to qualify at below market rates so they can borrow more. The initial starting interest rate increases by 1% at the end of the first year and adjusts again by another 1% at the end of the second year. Michigan Mortgage Interest Rate Quote Sheet. Welcome to the . Prime Capital Mortgage Corp Michigan mortgage rates page.. Current posted rates are in effect as of 11/19/2018 3:49:52 PM Central Time.

Here at Fairway Independent Mortgage Corporation, we offer a variety of loan options that can help you achieve homeownership with the speed and service you deserve. Plus, our mortgage professionals are dedicated to finding the right loan with great rates, terms and costs to meet your specific needs. Mortgage Interest Rates updated daily from your favorite banks and lenders. Compare with our mortgage rates or complete the form below to request a real-time rate, as rates change daily.