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1 Year ARM Mortgage Rates in Florida

Updated: May 22, 2017

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

3.022%

APR
1 Year ARM
2.990% Rate $842/mo
  • Updated May 22, 2017
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PRODUCTS RATES +/-
30 Year Fixed 3.98%
15 Year Fixed 3.18%
5/1 ARM 3.31%
Monday, May 22, 2017

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Mortgage rates for Florida go down to 3.98%

Monday, May 22, 2017

Mortgage rates for Florida on Lender411 for 30-year fixed-rate mortgages are at 3.98%. That dropped from 3.98% to 3.98%. The 15-year fixed rates are now at 3.18%. The 5/1 ARM mortgage for Florida is now at 3.31%.

1 Year ARM Mortgage Rate Explained

1 year ARM is an adjustable rate mortgage where the monthly payment (principal and interest) of the loan does not change during the first year. After that the rate will change based on its "margin" and "index" . Above you will find 1-year ARM refinance rates for national and local lenders in Florida. 

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