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Adjustable Mortgage Rates in New Mexico

Updated: January 17, 2019

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

4.875%

APR
30 Year Fixed
4.875% Rate $1,059/mo
  • Updated January 17, 2019
  • Historically Low Interest Rates - $100 Billion Funded
  • Cash-Out and Debt Consolidation Options
  • No Lender Closing Cost Options Available

4.800%

APR
30 Year Fixed
4.750% Rate $1,044/mo
  • Updated January 17, 2019
  • We close our loans FAST - many in 30 days or less!
  • Rates are still low, but they may rise. Lock your rate today.
  • We have the right loans for first-time and experienced home buyers.
PRODUCTS RATES +/-
30 Year Fixed 4.53%
15 Year Fixed 3.75%
5/1 ARM 4.13%
Thursday, January 17, 2019

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Mortgage rates for New Mexico go up to 4.53%

Thursday, January 17, 2019

Mortgage rates for New Mexico on Lender411 for 30-year fixed-rate mortgages are at 4.53%. That increased from 4.50% to 4.53%. The 15-year fixed rates are now at 3.75%. The 5/1 ARM mortgage for New Mexico is now at 4.13%.

ARM Rates in New Mexico 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 New Mexico 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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