Mortgage rates for District of Columbia
go up to 4.17%
Tuesday, April 25, 2017
Mortgage rates for District of Columbia on Lender411 for 30-year fixed-rate mortgages are at 4.17%.
That increased from 4.11% to 4.17%.
The 15-year fixed rates are now at 3.29%. The 5/1 ARM mortgage for District of Columbia is now at 3.38%.
5/1 ARM Mortgage Rate Explained
5/1 ARM is an adjustable rate mortgage where the interest rate on the loan and hence the payment of the loan stays the same during the first 5 years. After that the rate will change based on its "margin" and "index" . Above you will find 5/1 ARM refinance rates for national and local lenders in District of Columbia.
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