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3/1 ARM Mortgage Rates in South Dakota

Updated: December 13, 2019

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

5.156%

APR
3 Year ARM
4.250% Rate $984/mo
  • Updated December 13, 2019
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PRODUCTS RATES +/-
30 Year Fixed 3.58%
15 Year Fixed 3.42%
5/1 ARM 4.13%
Friday, December 13, 2019

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Mortgage rates for South Dakota go down to 3.58%

Friday, December 13, 2019

Mortgage rates for South Dakota on Lender411 for 30-year fixed-rate mortgages are at 3.58%. That dropped from 3.69% to 3.58%. The 15-year fixed rates are now at 3.42%. The 5/1 ARM mortgage for South Dakota 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 Dakota. 

Local Cities

Brookings | Camp Crook | Clark | Rapid City | Redig | Sioux Falls

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