Current Best Mortgage Rates in Lowell, 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 Lowell 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 Lowell, MA with a great rate for you. Below is a list of the best mortgage rates in Lowell across a variety of loan types.

Lowell Banks and Credit Unions with Lowest Mortgage Rates

Top Lowell 15-Year Fixed Mortgage Rates

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


• Workers Credit Union: 3.25%
• • No Orig. Fees
  • Points: 0


• First Technology Federal Credit Union: 3.25%
• • Orig. Fees: 0.5%
  • Points: 0.75

Best 30-Year Fixed Mortgage Rates in Lowell

• Salem Five Cents Savings Bank: 3.88%
• • Orig. Fees: $494.500
  • Points: 2.25


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


• First Technology Federal Credit Union: 4%
• • Orig. Fees: 0.5%
  • Points: 0.75

Lowest Lowell 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


• Workers Credit Union: 3%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Best Mortgage Rates for a 5/1 ARM in Lowell

• 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


• TD Bank, National Association: 2.75%
• • Orig. Fees: $468.450
  • 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 Lowell mortgage rate.