Top Ann Arbor 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 Ann Arbor 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 Ann Arbor, MI

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 Ann Arbor for you. Listed are the local lenders currently providing the most competitive mortgage rates this month:

Best Fixed Mortgage Rates in Ann Arbor

15-Year Fixed

• JPMorgan Chase Bank, National Association: 3%
• • No Orig. Fees
  • Points: 0.25


• Fifth Third Bank: 3.13%
• • No Orig. Fees
  • Points: 0


• Bank of America, National Association: 3.25%
• • No Orig. Fees
  • Points: 1.25

30-Year Fixed

• JPMorgan Chase Bank, National Association: 3.63%
• • No Orig. Fees
  • Points: 0.38


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


• Fifth Third Bank: 4%
• • No Orig. Fees
  • Points: 0

Lowest Ann Arbor ARM Rates

3/1 ARM

• Fifth Third Bank: 2.38%
• • No Orig. Fees
  • Points: -0.13
  • Caps: 2% per Adjustment Period


• Flagstar Bank, FSB: 2.89%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• PNC Bank, National Association: 3%
• • Orig. Fees: $699.000
  • Points: 0
  • Caps: 2% per Adjustment Period

5/1 ARM

• Bank of America, National Association: 2.63%
• • No Orig. Fees
  • Points: 0.88
  • Caps: 2% per Adjustment Period


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


• JPMorgan Chase Bank, National Association: 2.75%
• • 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.