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5/1 ARM Mortgage Rates in Indiana

Updated: December 11, 2018

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

4.716%

APR
5 Year ARM
3.375% Rate $884/mo
  • Updated December 11, 2018
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PRODUCTS RATES +/-
30 Year Fixed 4.77%
15 Year Fixed 4.08%
5/1 ARM 4.13%
Tuesday, December 11, 2018

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Mortgage rates for Indiana go down to 4.77%

Tuesday, December 11, 2018

Mortgage rates for Indiana on Lender411 for 30-year fixed-rate mortgages are at 4.77%. That dropped from 4.77% to 4.77%. The 15-year fixed rates are now at 4.08%. The 5/1 ARM mortgage for Indiana is now at 4.13%.

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 Indiana. 

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