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3/1 ARM Mortgage Rates in Florida

Updated: September 23, 2018

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

PRODUCTS RATES +/-
30 Year Fixed 5.00%
15 Year Fixed 4.13%
5/1 ARM 3.88%
Sunday, September 23, 2018

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Mortgage rates for Florida go up to 5.00%

Sunday, September 23, 2018

Mortgage rates for Florida on Lender411 for 30-year fixed-rate mortgages are at 5.00%. That increased from 4.77% to 5.00%. The 15-year fixed rates are now at 4.13%. The 5/1 ARM mortgage for Florida is now at 3.88%.

3/1 ARM Mortgage Rate Explained

3/1 ARM is an adjustable rate mortgage where the monthly payment (principal and interest) of the loan does not change during 3 years. After that the rate will change based on its "margin" and "index" . Above you will find 3/1 ARM refinance rates for national and local lenders in Florida. 

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