3/1 ARM Mortgage Rates in Oklahoma
Updated: December 11, 2019
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Displaying rates for Mortgage Refinance in OK for $200,000
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5.156%APR  3 Year ARM |
4.250% Rate | $984/mo |
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| PRODUCTS | RATES | +/- |
| 30 Year Fixed |
3.70%
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| 15 Year Fixed |
3.43%
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| 5/1 ARM |
4.19%
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Mortgage rates for Oklahoma go down to 3.70%
Wednesday, December 11, 2019
Mortgage rates for Oklahoma on Lender411 for 30-year fixed-rate mortgages are at 3.70%. That dropped from 3.72% to 3.70%. The 15-year fixed rates are now at 3.43%. The 5/1 ARM mortgage for Oklahoma is now at 4.19%.
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 Oklahoma.
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