Answered By: Kate Britt Last Updated: Jan 05, 2018 Views: 4
Interest rates for money judgments are adjusted every six months (January 1 and July 1). The interest rate indicates the average interest rate paid at auctions of 5-year United States treasury notes during the six months immediately preceding that date.
Current and historical rates are posted on the website of the Michigan Department of Treasury.
- Reports & Legal Resources tab > Reports > Economic Reports > Interest Rates for Money Judgments