{"id":992,"count":14,"description":"Mortgage rates move for reasons most buyers never see, and the number you're quoted depends as much on your credit, loan type, and down payment as it does on the market. This category tracks what's driving mortgage rates, how lenders set the rate you're actually offered, and whether locking or floating makes sense for your timeline. You'll find explanations of APR versus interest rate, discount points, fixed versus adjustable loans, and how refinance rates differ from purchase rates, plus what to compare when you're shopping lenders.","link":"https:\/\/riverbankfinance.com\/blog\/category\/mortgage-rates\/","name":"Mortgage Rates","slug":"mortgage-rates","taxonomy":"category","parent":0,"meta":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"Mortgage rates move for reasons most buyers never see, and the number you\u2019re quoted depends as much on your credit, loan type, and down payment as it does on the market. This category tracks what\u2019s driving mortgage rates, how lenders set the rate you\u2019re actually offered, and whether locking or floating makes sense for your timeline. You\u2019ll find explanations of APR versus interest rate, discount points, fixed versus adjustable loans, and how refinance rates differ from purchase rates, plus what to compare when you\u2019re shopping lenders.\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/riverbankfinance.com\/blog\/category\/mortgage-rates\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.1.1\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/wp-json\\\/wp\\\/v2\\\/categories\\\/992\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/category\\\/mortgage-rates\\\/#listItem\",\"name\":\"Mortgage Rates\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/category\\\/mortgage-rates\\\/#listItem\",\"position\":2,\"name\":\"Mortgage Rates\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog#listItem\",\"name\":\"Home\"}}]},{\"@type\":\"CollectionPage\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/wp-json\\\/wp\\\/v2\\\/categories\\\/992\\\/#collectionpage\",\"url\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/wp-json\\\/wp\\\/v2\\\/categories\\\/992\\\/\",\"name\":\"Mortgage Rates - Michigan Mortgage Blog\",\"description\":\"Mortgage rates move for reasons most buyers never see, and the number you\\u2019re quoted depends as much on your credit, loan type, and down payment as it does on the market. This category tracks what\\u2019s driving mortgage rates, how lenders set the rate you\\u2019re actually offered, and whether locking or floating makes sense for your timeline. You\\u2019ll find explanations of APR versus interest rate, discount points, fixed versus adjustable loans, and how refinance rates differ from purchase rates, plus what to compare when you\\u2019re shopping lenders.\",\"inLanguage\":\"en-US\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/wp-json\\\/wp\\\/v2\\\/categories\\\/992\\\/#breadcrumblist\"}},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/#organization\",\"name\":\"Riverbank Finance LLC\",\"description\":\"Riverbank Finance LLC is a locally owned independent mortgage broker in Grand Rapids, serving all of Michigan with purchase and refinance loans. Offering the same products as the banks and credit unions including Conventional Loans, FHA, VA, USDA, Jumbo and more. Specializing in low rates, quick closings and niche programs like physician loans, DSCR Loans, jumbo loans and that most lenders won't touch.\",\"url\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/\",\"email\":\"info@riverbankfinance.com\",\"telephone\":\"+18005552098\",\"foundingDate\":\"2009-12-31\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":0,\"maxValue\":20},\"logo\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/riverbank-finance-logo-4.png\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/wp-json\\\/wp\\\/v2\\\/categories\\\/992\\\/#organizationLogo\",\"width\":750,\"height\":375,\"caption\":\"Riverbank Finance Logo\"},\"image\":{\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/wp-json\\\/wp\\\/v2\\\/categories\\\/992\\\/#organizationLogo\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/RiverbankFinanceGrandRapidsMortgage\",\"https:\\\/\\\/www.twitter.com\\\/riverbankGR\",\"https:\\\/\\\/www.instagram.com\\\/riverbankfinance\\\/\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCVgfC6yc4cuc0VbLAw-n3FA\",\"https:\\\/\\\/www.linkedin.com\\\/in\\\/RiverbankFinance\"]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/\",\"name\":\"Michigan Mortgage Blog\",\"description\":\"Michigan mortgage programs and home loans | FHA | Refinance | Purchase | Grand Rapids Mortgage\",\"inLanguage\":\"en-US\",\"publisher\":{\"@id\":\"https:\\\/\\\/riverbankfinance.com\\\/blog\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO -->\n\n","aioseo_head_json":{"title":"Mortgage Rates - Michigan Mortgage Blog","description":"Mortgage rates move for reasons most buyers never see, and the number you\u2019re quoted depends as much on your credit, loan type, and down payment as it does on the market. This category tracks what\u2019s driving mortgage rates, how lenders set the rate you\u2019re actually offered, and whether locking or floating makes sense for your timeline. You\u2019ll find explanations of APR versus interest rate, discount points, fixed versus adjustable loans, and how refinance rates differ from purchase rates, plus what to compare when you\u2019re shopping lenders.","canonical_url":"https:\/\/riverbankfinance.com\/blog\/category\/mortgage-rates\/","robots":"max-image-preview:large","keywords":"","webmasterTools":{"miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BreadcrumbList","@id":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/categories\/992\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/riverbankfinance.com\/blog#listItem","position":1,"name":"Home","item":"https:\/\/riverbankfinance.com\/blog","nextItem":{"@type":"ListItem","@id":"https:\/\/riverbankfinance.com\/blog\/category\/mortgage-rates\/#listItem","name":"Mortgage Rates"}},{"@type":"ListItem","@id":"https:\/\/riverbankfinance.com\/blog\/category\/mortgage-rates\/#listItem","position":2,"name":"Mortgage Rates","previousItem":{"@type":"ListItem","@id":"https:\/\/riverbankfinance.com\/blog#listItem","name":"Home"}}]},{"@type":"CollectionPage","@id":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/categories\/992\/#collectionpage","url":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/categories\/992\/","name":"Mortgage Rates - Michigan Mortgage Blog","description":"Mortgage rates move for reasons most buyers never see, and the number you\u2019re quoted depends as much on your credit, loan type, and down payment as it does on the market. This category tracks what\u2019s driving mortgage rates, how lenders set the rate you\u2019re actually offered, and whether locking or floating makes sense for your timeline. You\u2019ll find explanations of APR versus interest rate, discount points, fixed versus adjustable loans, and how refinance rates differ from purchase rates, plus what to compare when you\u2019re shopping lenders.","inLanguage":"en-US","isPartOf":{"@id":"https:\/\/riverbankfinance.com\/blog\/#website"},"breadcrumb":{"@id":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/categories\/992\/#breadcrumblist"}},{"@type":"Organization","@id":"https:\/\/riverbankfinance.com\/blog\/#organization","name":"Riverbank Finance LLC","description":"Riverbank Finance LLC is a locally owned independent mortgage broker in Grand Rapids, serving all of Michigan with purchase and refinance loans. Offering the same products as the banks and credit unions including Conventional Loans, FHA, VA, USDA, Jumbo and more. Specializing in low rates, quick closings and niche programs like physician loans, DSCR Loans, jumbo loans and that most lenders won't touch.","url":"https:\/\/riverbankfinance.com\/blog\/","email":"info@riverbankfinance.com","telephone":"+18005552098","foundingDate":"2009-12-31","numberOfEmployees":{"@type":"QuantitativeValue","minValue":0,"maxValue":20},"logo":{"@type":"ImageObject","url":"https:\/\/riverbankfinance.com\/blog\/wp-content\/uploads\/2026\/07\/riverbank-finance-logo-4.png","@id":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/categories\/992\/#organizationLogo","width":750,"height":375,"caption":"Riverbank Finance Logo"},"image":{"@id":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/categories\/992\/#organizationLogo"},"sameAs":["https:\/\/www.facebook.com\/RiverbankFinanceGrandRapidsMortgage","https:\/\/www.twitter.com\/riverbankGR","https:\/\/www.instagram.com\/riverbankfinance\/","https:\/\/www.youtube.com\/channel\/UCVgfC6yc4cuc0VbLAw-n3FA","https:\/\/www.linkedin.com\/in\/RiverbankFinance"]},{"@type":"WebSite","@id":"https:\/\/riverbankfinance.com\/blog\/#website","url":"https:\/\/riverbankfinance.com\/blog\/","name":"Michigan Mortgage Blog","description":"Michigan mortgage programs and home loans | FHA | Refinance | Purchase | Grand Rapids Mortgage","inLanguage":"en-US","publisher":{"@id":"https:\/\/riverbankfinance.com\/blog\/#organization"}}]}},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/riverbankfinance.com\/blog\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tMortgage Rates\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/riverbankfinance.com\/blog"},{"label":"Mortgage Rates","link":"https:\/\/riverbankfinance.com\/blog\/category\/mortgage-rates\/"}],"_links":{"self":[{"href":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/categories\/992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/categories"}],"about":[{"href":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/taxonomies\/category"}],"wp:post_type":[{"href":"https:\/\/riverbankfinance.com\/blog\/wp-json\/wp\/v2\/posts?categories=992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}