Where to Get the Best Raleigh Mortgage Rates on an ARM
If you are considering buying a house, but conventional fixed rate mortgages don’t impress you, look into an adjustable rate mortgage instead. ARMs function differently than fixed mortgages, and presently, you could locate an exceptionally low interest rate on one.
We’ve showcased the very best Raleigh mortgage rates available for adjustable rate mortgages in the area. Learn where you can get your hands on a great rate in your city.
Best Raleigh, NC ARM Rates
Whether you opt for a conventional financial institution, a credit union or are thinking about financing online, there are a multitude of options available:
Best Raleigh Mortgage 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
- Gateway Bank & Trust Company: 2.88%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
- Capital Bank, National Association: 3%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
Top Mortgage Rates in Raleigh: 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
- Branch Banking & Trust Company: 2.88%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
- Gateway Bank & Trust Company: 2.88%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
Be sure you confirm these interest rates with the lender before applying. These rates are accurate as of 10/15/11, but could change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Raleigh mortgage rate.
