Top Cedar Rapids Mortgage Rates This November

Have falling home values enticed you into buying a new house? Current prices may be low, but don’t forget to research Cedar Rapids mortgage rates, too. The rate you pay to finance your home will have a significant effect on the total cost of your house.

Current Best Mortgage Rates in Cedar Rapids, IA

Depending on the kind of home loan you go with, the interest rates offered will vary. However, whether you end up with a adjustable or fixed rat, there is a lender with an affordable interest rate in Cedar Rapids for you. Below are the local lenders currently providing the best mortgage rates this month:

Best Fixed Mortgage Rates in Cedar Rapids

15-Year Fixed

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


• Dupaco Community Credit Union: 3.13%
• • Orig. Fees: $600.000
  • Points: 0


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

30-Year Fixed

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


• Dupaco Community Credit Union: 4%
• • Orig. Fees: $600.000
  • Points: 0.25


• Veridian Credit Union: 4.13%
• • Orig. Fees: 1%
  • Points: 0

Lowest Cedar Rapids ARM Rates

3/1 ARM

• Wells Fargo Bank, National Association: 2.13%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Bank of the West: 2.88%
• • Orig. Fees: $922.950
  • Points: 0.13
  • Caps: 2% per Adjustment Period


• US Bank National Association: 2.88%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

5/1 ARM

• Wells Fargo Bank, National Association: 2.25%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Bank of the West: 2.75%
• • Orig. Fees: $922.950
  • Points: 0
  • Caps: 2% per Adjustment Period


• Veridian Credit Union: 2.88%
• • Orig. Fees: 1%
  • Points: 0
  • Caps: 2% per Adjustment Period

Please note that these mortgage rates are accurate as of November 2011, but may change at any time. Additionally, borrowers may be subject to additional requirements or credit approval in order to receive the lowest advertised rate. Please contact individual lenders to verify rates before applying for a loan.