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1 Year ARM Mortgage Rates in Maine

Updated: August 23, 2017

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

PRODUCTS RATES +/-
30 Year Fixed 4.08%
15 Year Fixed 3.22%
5/1 ARM 3.21%
Wednesday, August 23, 2017

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Mortgage rates for Maine go up to 4.08%

Wednesday, August 23, 2017

Mortgage rates for Maine on Lender411 for 30-year fixed-rate mortgages are at 4.08%. That increased from 3.97% to 4.08%. The 15-year fixed rates are now at 3.22%. The 5/1 ARM mortgage for Maine is now at 3.21%.

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 Maine. 

Local Cities

Auburn | Augusta | Bangor | Brunswick | Camden | Lewiston | Portland | Presque Isle

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