MI mortgage rates

Keweenaw County

Clear, current 2026 mortgage and refinance loan limits for homeowners in Keweenaw County, Michigan. Use the verified baseline numbers below to calculate your refinance payment, evaluate your home equity, and monitor when rate alerts make refinancing advantageous.

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2026 limits

2026 Mortgage Loan Limits

Keweenaw County

Conforming Loan Limits

Per property
1 unit$832,750
2 units$1,066,250
3 units$1,288,800
4 units$1,601,750

FHA Loan Limits

Per property
1 unit$541,287
2 units$693,050
3 units$837,700
4 units$1,041,125

Source: Official Federal Housing Finance Agency (FHFA) and HUD loan limit schedules. Conforming data represents conventional maximums. Last synchronized: 2026 update cycle.

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Refinance Payment Estimate

Estimate Your Refinance in Keweenaw County

Use your current mortgage details to estimate a new refinance payment and potential monthly savings.

Estimated New Monthly Payment$2,528Principal & interest only
Home value − mortgage balance
Mortgage balance ÷ home value
Added to the proposed new loan
Proposed New Loan Amount$400,000
Estimated New Payment$2,528
Estimated Monthly SavingsAdd current rate

Estimates include principal and interest only. Taxes, insurance, closing costs, and mortgage insurance are not included.

About Keweenaw

A local view of the market.

Keweenaw County, Michigan, has seen a notable increase in real estate activity, with the median listing home price reaching $290,000 as of October 2024. This represents a 5.5% increase year-over-year, indicating a growing interest in the area. The median price per square foot is $165, reflecting the county's appeal to potential buyers looking for value in their investments. The county includes several small towns, with Mohawk and Allouez being among the most prominent. Mohawk has a median listing home price of $245,000, while Allouez is slightly more affordable with a median price of $189,900. These towns, along with others like Eagle Harbor and Copper Harbor, contribute to the county's charm and appeal, offering a blend of historical significance and natural beauty. Living in Keweenaw County offers a predominantly rural experience, with vast natural landscapes and a strong sense of community. The area is known for its outdoor recreational opportunities, including hiking, fishing, and winter sports, which attract both tourists and new residents. The local economy is supported by industries such as tourism, agriculture, and small-scale manufacturing, making it an attractive destination for those seeking a quieter, nature-oriented lifestyle. The county's scenic beauty and outdoor activities are key factors driving real estate migration, as people look to escape urban environments for a more serene and picturesque setting.

County snapshot

Market context.

MI

Public location data associated with this county record. Optional fields are shown only when present in the source.

Market areaHoughtonMapped market area
Area code26340CBSA / MSA reference
Data year2026Aligned with this limit record
Questions & Answers

Refinancing in Keweenaw County

Common questions about 2026 loan limits and refinancing opportunities in Michigan.

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