Current Best Mortgage Rates in Oakland, CA

If you, like many other Americans, have been enticed by falling mortgage rates and are strongly considering financing your first home, the present might really be the most opportune time. Keep in mind, just because average Oakland mortgage rates are at their lowest point in history doesn’t mean every financial institution will be offering an equally low rate. In order to reduce the overall expense of your home purchase as much as possible, you will 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 Oakland, CA with a great rate for you. Below is a list of the best mortgage rates in Oakland across a variety of loan types.

Oakland Banks and Credit Unions with Lowest Mortgage Rates

Top Oakland 15-Year Fixed Mortgage Rates

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


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


• Provident Credit Union: 3.25%
• • No Orig. Fees
  • Points: 0

Best 30-Year Fixed Mortgage Rates in Oakland

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


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


• USE Credit Union: 4.09%
• • No Orig. Fees
  • Points: 1

Lowest Oakland 3/1 ARM Mortgage Rates

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


• Provident Credit Union: 2.5%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Chevron Federal Credit Union: 2.5%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Best Mortgage Rates for a 5/1 ARM in Oakland

• 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 you apply. Mortgage rates are accurate as of 11/01/11, but could change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Oakland mortgage rate.