Current Best Mortgage Rates in Livonia, MI

If you, like many other Americans, have been impressed by sinking mortgage rates and are considering purchasing your first home, today might really be the perfect time. Keep in mind, just because average Livonia mortgage rates are at an all-time low doesn’t mean every lending institution will be offering an equally low rate. In order to lower the overall expense of your home purchase as much as possible, you’ll 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 Livonia, MI with a great rate for you. Below is a list of the best mortgage rates in Livonia across a host of loan types.

Livonia Banks and Credit Unions with Lowest Mortgage Rates

Top Livonia 15-Year Fixed Mortgage Rates

• JPMorgan Chase Bank, National Association: 3%
• • No Orig. Fees
  • Points: 0.25


• Huntington National Bank: 3.13%
• • Orig. Fees: 1%
  • Points: 0.88


• Fifth Third Bank: 3.13%
• • No Orig. Fees
  • Points: 0

Best 30-Year Fixed Mortgage Rates in Livonia

• JPMorgan Chase Bank, National Association: 3.63%
• • No Orig. Fees
  • Points: 0.38


• Huntington National Bank: 3.88%
• • Orig. Fees: 1%
  • Points: 0.25


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

Lowest Livonia 3/1 ARM Mortgage Rates

• Fifth Third Bank: 2.38%
• • No Orig. Fees
  • Points: -0.13
  • Caps: 2% per Adjustment Period


• Flagstar Bank, FSB: 2.89%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• PNC Bank, National Association: 3%
• • Orig. Fees: $699.000
  • Points: 0
  • Caps: 2% per Adjustment Period

Best Mortgage Rates for a 5/1 ARM in Livonia

• Bank of America, National Association: 2.63%
• • No Orig. Fees
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Fifth Third Bank: 2.63%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• JPMorgan Chase Bank, National Association: 2.75%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

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