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3/1 ARM Mortgage Rates in Maryland

Updated: December 16, 2017

Search Rates

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

2.696%

APR
3 Year ARM
2.650% Rate $806/mo
  • Check out our $295 closing cost options.
PRODUCTS RATES +/-
30 Year Fixed 4.05%
15 Year Fixed 3.27%
5/1 ARM 3.68%
Saturday, December 16, 2017

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Mortgage rates for Maryland go down to 4.05%

Saturday, December 16, 2017

Mortgage rates for Maryland on Lender411 for 30-year fixed-rate mortgages are at 4.05%. That dropped from 4.11% to 4.05%. The 15-year fixed rates are now at 3.27%. The 5/1 ARM mortgage for Maryland is now at 3.68%.

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 Maryland. 

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