Current Best Mortgage Rates in New Bedford, MA

If you, like many other Americans, have been enticed by falling mortgage rates and are strongly considering financing your first home, the present might really be the most opportune time. Keep in mind, just because average New Bedford mortgage rates are at their lowest point in history doesn’t mean every financial institution will be offering an equally low rate. In order to reduce the overall expense of your home purchase as much as possible, you will 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 New Bedford, MA with a great rate for you. Below is a list of the best mortgage rates in New Bedford across a variety of loan types.

New Bedford Banks and Credit Unions with Lowest Mortgage Rates

Top New Bedford 15-Year Fixed Mortgage Rates

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


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


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

Best 30-Year Fixed Mortgage Rates in New Bedford

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


• Eastern Bank: 4.13%
• • No Orig. Fees
  • Points: 0


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

Lowest New Bedford 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 New Bedford

• 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

Ensure you confirm these interest rates with the lender before you apply. Mortgage 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 New Bedford mortgage rate.