Top Albuquerque Mortgage Rates This November

Have falling property values enticed you into buying a new house? Today’s prices may be low, but don’t forget about checking Albuquerque mortgage rates, too. The rate you pay to finance your home will have a huge impact on the total cost of your house.

Current Best Mortgage Rates in Albuquerque, NM

Depending on the kind of mortgage you choose, the interest rates available will vary. However, whether you end up with a fixed rate or ARM, there is a lender with an affordable interest rate in Albuquerque for you. Listed are the local lenders currently providing the most competitive mortgage rates this month:

Best Fixed Mortgage Rates in Albuquerque

15-Year Fixed

• Mountain America Federal Credit Union: 3.13%
• • Orig. Fees: 1%
  • Points: 0


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


• Bank of America, National Association: 3.25%
• • No Orig. Fees
  • Points: 1

30-Year Fixed

• Rock Financial: 3.99%
• • No Orig. Fees
  • Points: 2


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


• Sandia Area Federal Credit Union: 4%
• • Orig. Fees: 1%
  • Points: 0

Lowest Albuquerque ARM Rates

3/1 ARM

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


• New Mexico Educators Federal Credit Union: 2.5%
• • Orig. Fees: 1%
  • Points: 1
  • Caps: 2% per Adjustment Period


• US Bank National Association: 2.88%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

5/1 ARM

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


• Bank of America Home Loans: 2.75%
• • No Orig. Fees
  • Points: 1
  • Caps: 2% per Adjustment Period


• US Bank National Association: 2.88%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Please note that these home loan interest rates are accurate as of November 2011, but may change in the future. Additionally, borrowers may face additional requirements and credit approval in order to receive the lowest advertised rate. Please contact individual lenders to verify rates before applying for a loan.