Current Best Mortgage Rates in Mount Vernon, NY

If you, like many other Americans, have been enticed by falling mortgage rates and are strongly considering financing your first home, the present might really be the most opportune time. Keep in mind, just because average Mount Vernon mortgage rates are at their lowest point in history doesn’t mean every financial institution will be offering an equally low rate. In order to reduce the overall expense of your home purchase as much as possible, you will need to research the rates available locally and find the very best.

Whether you’re interested in a traditional fixed rate mortgage or are planning on obtaining an ARM, there’s a lender in Mount Vernon, NY with a great rate for you. Below is a list of the best mortgage rates in Mount Vernon across a variety of loan types.

Mount Vernon Banks and Credit Unions with Lowest Mortgage Rates

Top Mount Vernon 15-Year Fixed Mortgage Rates

• JPMorgan Chase Bank, National Association: 2.63%
• • No Orig. Fees
  • Points: 0.25


• JPMorgan Chase Bank, National Association: 2.75%
• • No Orig. Fees
  • Points: 0


• Wells Fargo Bank, National Association: 3.13%
• • Orig. Fees: 1%
  • Points: 0

Best 30-Year Fixed Mortgage Rates in Mount Vernon

• JPMorgan Chase Bank, National Association: 3.5%
• • No Orig. Fees
  • Points: 0


• JPMorgan Chase Bank, National Association: 3.88%
• • No Orig. Fees
  • Points: 0.38


• Quicken Loans Inc: 3.99%
• • No Orig. Fees
  • Points: 2

Lowest Mount Vernon 3/1 ARM Mortgage Rates

• Wells Fargo Bank, National Association: 2.13%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Citibank, National Association: 2.75%
• • No Orig. Fees
  • Points: 0.38
  • Caps: 2% per Adjustment Period


• Capital One, National Association: 2.75%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Best Mortgage Rates for a 5/1 ARM in Mount Vernon

• Wells Fargo Bank, National Association: 2.25%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Bank of America, National Association: 2.5%
• • No Orig. Fees
  • Points: 1.13
  • Caps: 2% per Adjustment Period


• Capital One, National Association: 2.63%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Ensure you confirm these interest rates with the lender before you apply. Mortgage rates are accurate as of 11/01/11, but could change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Mount Vernon mortgage rate.