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3/1 ARM Mortgage Rates in Minnesota

Updated: December 17, 2018

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

5.156%

APR
3 Year ARM
4.250% Rate $984/mo
  • Updated December 17, 2018
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PRODUCTS RATES +/-
30 Year Fixed 4.77%
15 Year Fixed 4.08%
5/1 ARM 4.13%
Monday, December 17, 2018

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Mortgage rates for Minnesota go down to 4.77%

Monday, December 17, 2018

Mortgage rates for Minnesota on Lender411 for 30-year fixed-rate mortgages are at 4.77%. That dropped from 4.77% to 4.77%. The 15-year fixed rates are now at 4.08%. The 5/1 ARM mortgage for Minnesota is now at 4.13%.

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 Minnesota. 

Local Cities

Chanhassen | Duluth | Eden Prairie | Hadley | Mankato | Maple Grove | Minneapolis | Moorhead | Rochester | St. Cloud | St. Paul | White Bear Lake | Woodbury | Worthington

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