Current Best Mortgage Rates in Cranston, RI

If you, along with many other potential homeowners, have been impressed by sinking mortgage rates and are now thinking about purchasing your first home, the present might actually be the perfect time. Of course, just because average Cranston mortgage rates are at an all-time low doesn’t mean every lending institution will be offering a great deal. In order to lessen the cost of your home purchase as much as possible, you’ll 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 Cranston, RI with a great rate for you. Below is a list of the best mortgage rates in Cranston across a host of loan types.

Cranston Banks and Credit Unions with Lowest Mortgage Rates

Top Cranston 15-Year Fixed Mortgage Rates

• Bank of America, National Association: 3.25%
• • No Orig. Fees
  • Points: 1.13


• Rock Financial: 3.25%
• • No Orig. Fees
  • Points: 1.75


• Sovereign Bank: 3.25%
• • No Orig. Fees
  • Points: 0

Best 30-Year Fixed Mortgage Rates in Cranston

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


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


• Bank of America, National Association: 4.25%
• • No Orig. Fees
  • Points: 1

Lowest Cranston 3/1 ARM Mortgage Rates

• Sovereign Bank: 2.75%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• RBS Citizens, National Association: 3%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Rockland Trust Company: 3.75%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Best Mortgage Rates for a 5/1 ARM in Cranston

• Bank of America, National Association: 2.63%
• • No Orig. Fees
  • Points: 1
  • Caps: 2% per Adjustment Period


• Sovereign Bank: 2.63%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• RBS Citizens, National Association: 2.88%
• • 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 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 Cranston mortgage rate.