Adjustable Mortgage Rates in Alabama

Updated: February 21, 2019

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Displaying rates for Mortgage Refinance in AL for $200,000

4.750%

APR

30 Year Fixed

4.750% Rate

$1,044/mo

Updated February 21, 2019

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4.675%

APR

30 Year Fixed

4.625% Rate

$1,029/mo

Updated February 21, 2019

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PRODUCTS	RATES	+/-
30 Year Fixed	4.48%
15 Year Fixed	3.75%
5/1 ARM	4.13%

Thursday, February 21, 2019

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Mortgage rates for Alabama go down to 4.48%

Thursday, February 21, 2019

Mortgage rates for Alabama on Lender411 for 30-year fixed-rate mortgages are at 4.48%. That dropped from 4.48% to 4.48%. The 15-year fixed rates are now at 3.75%. The 5/1 ARM mortgage for Alabama is now at 4.13%.

ARM Rates in Alabama Today

Adjustable Rate Mortgages (ARM)'s are loans whose interest rate can vary during the loan's term. These loans usually have a fixed interest rate for an initial period of time (usually lower rates) and then can adjust based on current market conditions. Adjustable rate mortgages are usually amortized over a period of 30 years with the initial rate being fixed for anywhere from 1 month to 10 years.

If you are buying a home in Alabama or refinancing into an ARM loan, you can find the best rates on Lender411.com. Check out the main page on Adjustable Mortgage Rates.

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