Current Best Mortgage Rates in Erie, PA

If you, along with many other potential homeowners, have been impressed by sinking mortgage rates and are now thinking about purchasing your first home, the present might actually be the perfect time. Of course, just because average Erie mortgage rates are at an all-time low doesn’t mean every lending institution will be offering a great deal. In order to lessen the cost 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 Erie, PA with a great rate for you. Below is a list of the best mortgage rates in Erie across a host of loan types.

Erie Banks and Credit Unions with Lowest Mortgage Rates

Top Erie 15-Year Fixed Mortgage Rates

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


• Huntington National Bank: 3.25%
• • No Orig. Fees
  • Points: -0.13


• Quicken Loans Inc: 3.25%
• • No Orig. Fees
  • Points: 1.75

Best 30-Year Fixed Mortgage Rates in Erie

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


• First Niagara Bank, National Association: 4.13%
• • No Orig. Fees
  • Points: 0.13


• Erie Federal Credit Union: 4.13%
• • No Orig. Fees
  • Points: 0

Lowest Erie 3/1 ARM Mortgage Rates

• Citizens Bank of Pennsylvania: 3.13%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• PNC Bank, National Association: 3.38%
• • Orig. Fees: $743.000
  • Points: 0
  • Caps: 2% per Adjustment Period


• First National Bank of Pennsylvania: 4.25%
• • No Orig. Fees
  • Points: 0.25
  • Caps: 2% per Adjustment Period

Best Mortgage Rates for a 5/1 ARM in Erie

• First Niagara Bank, National Association: 3%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• Citizens Bank of Pennsylvania: 3%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• PNC Bank, National Association: 3.13%
• • Orig. Fees: $743.000
  • Points: 0
  • Caps: 2% per Adjustment Period

Be sure you verify these interest rates with the lender before applying. These 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 Erie mortgage rate.