Top Jamaica Mortgage Rates This November

Have falling property prices enticed you into buying a new house? Current values may be low, but don’t forget to research Jamaica 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 Jamaica, NY

Depending on the type of mortgage you choose, the interest rates offered will vary. However, whether you end up with a fixed rate or adjustable rate mortgage, there is a lender with an affordable interest rate in Jamaica for you. Below are the local lenders currently offering the best mortgage rates this month:

Best Fixed Mortgage Rates in Jamaica

15-Year Fixed

• JPMorgan Chase Bank, National Association: 2.63%
• • No Orig. Fees
  • Points: 0.25


• JPMorgan Chase Bank, National Association: 2.75%
• • No Orig. Fees
  • Points: 0


• Nassau Educators Federal Credit Union: 3%
• • No Orig. Fees
  • Points: 0

30-Year Fixed

• JPMorgan Chase Bank, National Association: 3.5%
• • No Orig. Fees
  • Points: 0


• JPMorgan Chase Bank, National Association: 3.88%
• • No Orig. Fees
  • Points: 0.38


• Bethpage Federal Credit Union: 4%
• • No Orig. Fees
  • Points: 0

Lowest Jamaica ARM Rates

3/1 ARM

• Nassau Educators Federal Credit Union: 2.13%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


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


• Bethpage Federal Credit Union: 2.5%
• • 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


• Nassau Educators Federal Credit Union: 2.38%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Bank of America, National Association: 2.5%
• • No Orig. Fees
  • Points: 1.13
  • Caps: 2% per Adjustment Period

Be sure you verify these rates with the lender before you apply. These 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 Jamaica mortgage rate.