Top Raleigh Mortgage Rates This November

Have falling home prices enticed you into buying a new house? Today’s prices may be low, but don’t forget to research Raleigh mortgage rates, too. The rate you pay to finance your home will have a significant effect on the total cost of your house.

Current Best Mortgage Rates in Raleigh, NC

Depending on the kind of home loan you go with, the interest rates available will vary. However, whether you end up with a fixed rate or adjustable rate mortgage, there is a lender with an excellent interest rate in Raleigh for you. The following are the local lenders currently offering the best mortgage rates this month:

Best Fixed Mortgage Rates in Raleigh

15-Year Fixed

• Wachovia Bank, National Association: 3%
• • Orig. Fees: 1%
  • Points: 0.88


• Bank of America, National Association: 3.25%
• • Orig. Fees: 1%
  • Points: 1


• Quicken Loans Inc: 3.25%
• • No Orig. Fees
  • Points: 1.75

30-Year Fixed

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


• Coastal Federal Credit Union: 4%
• • Orig. Fees: $1712.50
  • Points: 0.25


• Gateway Bank & Trust Company: 4%
• • No Orig. Fees
  • Points: 0

Lowest Raleigh ARM Rates

3/1 ARM

• Wachovia Bank, National Association: 2.13%
• • Orig. Fees: 1%
  • Points: 0.75
  • Caps: 2% per Adjustment Period


• Branch Banking & Trust Company: 2.88%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Coastal Federal Credit Union: 2.88%
• • Orig. Fees: $1712.50
  • Points: 0.25
  • Caps: 2% per Adjustment Period

5/1 ARM

• Wachovia Bank, National Association: 2.25%
• • Orig. Fees: 1%
  • Points: 0.75
  • Caps: 2% per Adjustment Period


• Bank of America, National Association: 2.5%
• • No Orig. Fees
  • Points: 0.75
  • Caps:


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

Be sure you verify these mortgage rates with the lender before you apply. Interest rates are accurate as of November 1, 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 Raleigh mortgage rate.