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3/1 ARM Mortgage Rates in New York

Updated: June 27, 2017

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

3.918%

APR
3 Year ARM
3.375% Rate $884/mo
  • Updated June 27, 2017
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2.595%

APR
3 Year ARM
2.550% Rate $796/mo
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3.592%

APR
3 Year ARM
3.500% Rate $899/mo
  • Updated June 27, 2017
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PRODUCTS RATES +/-
30 Year Fixed 3.94%
15 Year Fixed 3.13%
5/1 ARM 3.38%
Tuesday, June 27, 2017

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Mortgage rates for New York go down to 3.94%

Tuesday, June 27, 2017

Mortgage rates for New York on Lender411 for 30-year fixed-rate mortgages are at 3.94%. That dropped from 3.99% to 3.94%. The 15-year fixed rates are now at 3.13%. The 5/1 ARM mortgage for New York is now at 3.38%.

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 New York. 

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