Lowest Mortgage Rates in Los Angeles: November 2011

Falling home values across the country, as well as here in Los Angeles, are making today a perfect time to purchase a house at an affordable price. Even so, the cost of the property isn’t the only number you should factor into your decision. Mortgage rates in Los Angeles will also have a huge impact on how much you pay for your new home.

If you’re planning on home ownership, ensure you take the time to get the best possible mortgage rate first. We’ve compiled the local Los Angeles financial institutions with the very best interest rates on home loans right now. Find out if there’s a great deal near you.

Current Best Mortgage Rates in Los Angeles, CA

Different mortgage types are going to offer different mortgage rates, but no matter what type of loan you choose, there’s bound to be a great deal in Los Angeles. Below are the lowest mortgage rates offered by local Los Angeles lenders today for a variety of home loan types.

Best 15-Year Fixed Mortgage Rates in Los Angeles

• JPMorgan Chase Bank, National Association: 2.88%
• • No Orig. Fees
  • Points: 0


• LA Financial Federal Credit Union: 3%
• • No Orig. Fees
  • Points: 0


• Wells Fargo Bank, National Association: 3.13%
• • Orig. Fees: 1%
  • Points: 0

Lowest 30-Year Fixed Mortgage Rates in Los Angeles

• JPMorgan Chase Bank, National Association: 3.5%
• • No Orig. Fees
  • Points: 0.25


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


• Rock Financial: 3.99%
• • No Orig. Fees
  • Points: 2

Top 3/1 ARM Los Angeles Mortgage Rates

• 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: 2.88%
• • No Orig. Fees
  • Points: -0.13
  • Caps: 2% per Adjustment Period

Best Mortgage Rates in Los Angeles for a 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: 2.5%
• • No Orig. Fees
  • Points: 1.13
  • Caps: 2% per Adjustment Period


• JPMorgan Chase Bank, National Association: 2.63%
• • No Orig. Fees
  • Points: 0.25
  • Caps: 2% per Adjustment Period

Ensure you confirm these interest rates with the lender before applying. Mortgage rates are accurate as of 11/01/11, but may change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Los Angeles mortgage rate.