Current Best Mortgage Rates in Santa Fe, NM

If you, along with many other potential homeowners, have been enticed by dropping mortgage rates and are planning on financing your first home, now might actually be the perfect time. Keep in mind, just because average Santa Fe mortgage rates are at their lowest doesn’t mean every lender will be offering an affordable financing option. In order to lower the overall expense of your home purchase as much as possible, it’s recommended you 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 Santa Fe, NM with a great rate for you. Below is a list of the best mortgage rates in Santa Fe across a host of loan types.

Santa Fe Banks and Credit Unions with Lowest Mortgage Rates

Top Santa Fe 15-Year Fixed Mortgage Rates

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


• Bank of America, National Association: 3.25%
• • No Orig. Fees
  • Points: 1


• US Bank National Association: 3.38%
• • No Orig. Fees
  • Points: 0

Best 30-Year Fixed Mortgage Rates in Santa Fe

• Wells Fargo Bank, National Association: 4.13%
• • Orig. Fees: 1%
  • Points: 0.88


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


• Bank of Albuquerque, National Association: 4.25%
• • No Orig. Fees
  • Points: 0

Lowest Santa Fe 3/1 ARM Mortgage Rates

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


• New Mexico Educators Federal Credit Union: 2.5%
• • Orig. Fees: 1%
  • Points: 1
  • Caps: 2% per Adjustment Period


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

Best Mortgage Rates for a 5/1 ARM in Santa Fe

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


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


• Century Bank: 3%
• • Orig. Fees: $750.000
  • Points: 0
  • Caps: 2% per Adjustment Period

Be sure you confirm these interest rates with the lender before applying. Mortgage rates are accurate as of November 1, 2011, but could change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Santa Fe mortgage rate.