Where to Get the Best Houston Mortgage Rates on an ARM
If you’re interested in buying a home, but traditional fixed rate mortgages don’t impress you, try looking at an adjustable rate mortgage instead. ARMs function differently than fixed home loans, and right now, you could find an exceptionally competitive interest rate on one.
We’ve listed the very best Houston 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 Houston, TX ARM Rates
Whether you bank with a conventional financial institution, a credit union or are thinking about financing online, there are a multitude of options available:
Best Houston Mortgage Rates: 3/1 ARM
- Wells Fargo Bank, National Association: 2.13%
- Orig. Fees: 1%
- Points: 0.88
- Caps: 2% per Adjustment Period
- Chevron Federal Credit Union: 2.5%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
- Citibank, National Association: 3%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
- International Bank of Commerce: 3.13%
- Orig. Fees: 1%
- Points: 0
- Caps: 2% per Adjustment Period
Top Mortgage Rates in Houston: 5/1 ARM
- Wells Fargo Bank, National Association: 2.25%
- Orig. Fees: 1%
- Points: 0.88
- Caps: 2% per Adjustment Period
- Bank of America, National Association: 2.63%
- No Orig. Fees
- Points: 1
- Caps: 2% per Adjustment Period
- JPMorgan Chase Bank, National Association: 2.75%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
- Capital One, National Association: 2.88%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
- Comerica Bank: 3.04%
- No Orig. Fees
- Points: 0
- Caps: 2% per Adjustment Period
Ensure you verify these interest rates with the lender before you apply. Interest rates are accurate as of 10/15/11, but are subject to change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Houston mortgage rate.
