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3/1 ARM Mortgage Rates in Rhode Island

Updated: March 04, 2021

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

PRODUCTS RATES +/-
30 Year Fixed 3.44%
15 Year Fixed 2.56%
5/1 ARM 4.56%
Thursday, March 04, 2021

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Mortgage rates for Rhode Island go up to 3.44%

Thursday, March 4, 2021

Mortgage rates for Rhode Island on Lender411 for 30-year fixed-rate mortgages are at 3.44%. That increased from 3.00% to 3.44%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Rhode Island is now at 4.56%.

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 Rhode Island. 

Local Cities

Barrington | Cranston | Narragansett | Newport | Portsmouth | Providence | Warwick

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