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5/1 ARM Mortgage Rates in Iowa

Updated: August 20, 2017

Search Rates

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

2.825%

APR
5 Year ARM
2.750% Rate $817/mo
  • Updated August 20, 2017
  • Certified Upfront Lender! Online Loan Estimate! Apply & Lock Rate 24/7!
PRODUCTS RATES +/-
30 Year Fixed 4.19%
15 Year Fixed 3.22%
5/1 ARM 3.21%
Sunday, August 20, 2017

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Mortgage rates for Iowa go down to 4.19%

Sunday, August 20, 2017

Mortgage rates for Iowa on Lender411 for 30-year fixed-rate mortgages are at 4.19%. That dropped from 4.19% to 4.19%. The 15-year fixed rates are now at 3.22%. The 5/1 ARM mortgage for Iowa is now at 3.21%.

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 Iowa. 

Local Cities

Allendorf | Atlantic | Cedar Rapids | Davenport | Des Moines | Dubuque | Estherville | Harlan | Inwood | Iowa City | Keokuk | Mason City | Ottumwa | Shenandoah | Sioux City

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