Mortgage rates for Rhode Island
go down to 4.27%
Friday, March 24, 2017
Mortgage rates for Rhode Island on Lender411 for 30-year fixed-rate mortgages are at 4.27%.
That dropped from 4.33% to 4.27%.
The 15-year fixed rates are now at 3.38%. The 5/1 ARM mortgage for Rhode Island is now at 3.42%.
30 Year Fixed Mortgage Rate Explained
30 year fixed mortgage is probably the most popular fixed rate loan available. The monthly principal and interest payments of this type of loan never change during its life and the loan is "amortized" so that it will be completely paid off by the end of the loan term. Above you will find 30-year fixed refinance rates for national and local lenders in Rhode Island.