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3/1 ARM Mortgage Rates in South Carolina

Updated: November 21, 2018

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

5.156%

APR
3 Year ARM
4.250% Rate $984/mo
  • Updated November 21, 2018
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PRODUCTS RATES +/-
30 Year Fixed 4.91%
15 Year Fixed 4.21%
5/1 ARM 4.13%
Wednesday, November 21, 2018

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Mortgage rates for South Carolina go down to 4.91%

Wednesday, November 21, 2018

Mortgage rates for South Carolina on Lender411 for 30-year fixed-rate mortgages are at 4.91%. That dropped from 5.31% to 4.91%. The 15-year fixed rates are now at 4.21%. The 5/1 ARM mortgage for South Carolina 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 South Carolina. 

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