Current Best Mortgage Rates in Nantucket, MA

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 Nantucket 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 Nantucket, MA with a great rate for you. Below is a list of the best mortgage rates in Nantucket across a variety of loan types.

Nantucket Banks and Credit Unions with Lowest Mortgage Rates

Top Nantucket 15-Year Fixed Mortgage Rates

• Nantucket Bank, A Division of Sovereign Bank: 3.25%
• • No Orig. Fees
  • Points: 0


• Bank of America, National Association: 3.25%
• • No Orig. Fees
  • Points: 1.13


• Cape Cod Five Cents Savings Bank: 3.38%
• • Orig. Fees: $400.000
  • Points: 0

Best 30-Year Fixed Mortgage Rates in Nantucket

• Cape Cod Five Cents Savings Bank: 4.13%
• • Orig. Fees: $400.000
  • Points: 0


• Nantucket Bank, A Division of Sovereign Bank: 4.25%
• • No Orig. Fees
  • Points: 0


• Bank of America, National Association: 4.25%
• • No Orig. Fees
  • Points: 1

Lowest Nantucket 3/1 ARM Mortgage Rates

• Nantucket Bank, A Division of Sovereign Bank: 2.75%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Cape Cod Five Cents Savings Bank: 2.99%
• • Orig. Fees: $400.000
  • Points: 0
  • Caps: 2% per Adjustment Period

Best Mortgage Rates for a 5/1 ARM in Nantucket

• Nantucket Bank, A Division of Sovereign Bank: 2.63%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Bank of America, National Association: 2.63%
• • No Orig. Fees
  • Points: 1
  • Caps: 2% per Adjustment Period


• Cape Cod Five Cents Savings Bank: 3.13%
• • No Orig. Fees
  • Points: 0
  • 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 Nantucket mortgage rate.