Albany Mortgage Rates

Find updated mortgage rates and loan terms posted from the top mortgage lenders serving Albany New York and the surrounding communities. All of the mortgage lenders included in the weekly survey of Albany mortgage rates are full service mortgage banking firms that offer a full spectrum of loan products. With a wide variety of loan options, consumers in the Capital District can choose from multiple options to find the best mortgage for their individual home loan needs.

When it comes to the home loans available in the region, new borrowers can select among a variety of fixed rate mortgages, ARM mortgages, jumbo mortgage, FHA mortgages, VA mortgages, and first time home buyer loans. Residential home loans are available for new purchases and refinances in Albany.

Potential customers can check the current 30 year mortgage rates promoted by Albany lenders in this week survey below.

Albany Mortgage Rates
Albany Mortgage Lender Mortgage Rate Points APR
Valley National Bank Mortgage Rates
valleynationalbank.com
800-522-4100
3.500 0.500 3.565
First Niagara 30 Year Mortgage Rate
firstniagara.com
888-606-6754
3.500 0.000 3.562
Peoples United Bank 30 Year Mortgage Rate
peoples.com
855-782-5363
3.250 0.250 3.360
NBT 30 year Mortgage Rate
nbtbank.com
877-628-2265
3.750 0.000 3.765
Santander 30 Year Mortgage Rate
santanderbank.com
877-729-4801
3.875 0.000 4.036


The fixed rate mortgages in Albany feature a fixed percentage rate and loan amount. Adjustable rate mortgages (ARMs) have a variable interest rate and monthly payments that are recalculated on a regular basis to reflect changes in the market interest rate. Jumbo mortgage loans are designed for homebuyers who need to finance especially large purchases in the Albany and the greater metropolitan area. FHA backed loans that are designed to provide greater flexibility in to the borrower.

Existing homeowners can also find some very competitive refinance rates in Albany. With several programs to select from, borrowers should be able to refinance their home with little stress across a wide selection of loan products, rates and terms.

The local mortgage lenders serving Albany maintain local operations that ensure fast and accurate closings. The entire lending process occurs locally with processing, underwriting, closing, and final funding.

The mortgage rates listed are based on market conditions that may change frequently. The interest rate and points on an individual loan request are based on many factors such as, the loan program selected, the term of the loan, the credit profile of the borrower, and the loan to value, and other factors. All home lending products are subject to lender approval. Other restrictions and limitations apply.

The bank mortgage interest rates are based on the institutions online published rates and may have changed since this publication date. All information provided through this site is intended to be accurate, but the information is not guaranteed.

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Each day, the Reserve Banks that are part of the Federal Reserve System process a large number of payment transactions resulting from the Reserve Banks’ role in providing payment services to banks and depository institutions.  Because depository institutions in the aggregate generally hold a relatively small amount of funds overnight in their Reserve Bank accounts,
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