Current Best Mortgage Rates in St Petersburg, FL

If you, among many others, have been impressed by sinking mortgage rates and are planning on buying your first home, the present may truly be the most opportune time. However, just because average Saint Petersburg mortgage rates are at historic lows doesn’t mean every financial institution will be offering an affordable financing option. In order to lower the cost 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 Saint Petersburg, FL with a great rate for you. Below is a list of the best mortgage rates in Saint Petersburg across a variety of loan types.

Saint Petersburg Banks and Credit Unions with Lowest Mortgage Rates

Top Saint Petersburg 15-Year Fixed Mortgage Rates

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


• Grow Financial Federal Credit Union: 3.25%
• • No Orig. Fees
  • Points: 0


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

Best 30-Year Fixed Mortgage Rates in Saint Petersburg

• JPMorgan Chase Bank, National Association: 3.75%
• • No Orig. Fees
  • Points: 0.38


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


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

Lowest Saint Petersburg 3/1 ARM Mortgage Rates

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


• Branch Banking & Trust Company: 2.63%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• SunTrust Bank: 3.63%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Best Mortgage Rates for a 5/1 ARM in Saint Petersburg

• 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
  • Caps: 2% per Adjustment Period


• Branch Banking & Trust Company: 2.5%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Ensure you verify these rates with the lender before you apply. Interest rates are accurate as of November 1, 2011, but are subject to change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Saint Petersburg mortgage rate.