Where to Get the Best Albuquerque Mortgage Rates on an ARM

If you’re considering buying a home, but traditional fixed rate mortgages aren’t for you, look into an adjustable rate mortgage instead. ARMs function differently than fixed mortgages, and currently, you could secure an exceptionally affordable interest rate on one.

We’ve listed the very best Albuquerque mortgage rates available for adjustable rate mortgages in the area. Find out where you can get your hands on a great rate in your city.

Best ARM Rates in Albuquerque, NM

Whether you prefer a traditional financial institution, a credit union or prefer to bank online, there are a multitude of options available:

Best Albuquerque Mortgage 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


• Kirtland Federal Credit Union: 3%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Sandia Area Federal Credit Union: 3.13%
• • Orig. Fees: 1%
  • Points: 0
  • Caps:

Top Mortgage Rates in Albuquerque: 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


• Kirtland Federal Credit Union: 3%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Financial Resources Federal Credit Union: 3%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Be sure you verify these interest rates with the lender before applying. These rates are accurate as of October 15, 2011, but may change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Albuquerque mortgage rate.