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5/1 ARM Mortgage Rates in Kentucky

Updated: August 23, 2017

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

2.823%

APR
5 Year ARM
2.750% Rate $817/mo
  • Updated August 23, 2017
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3.825%

APR
5 Year ARM
3.250% Rate $870/mo
  • Updated August 23, 2017
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PRODUCTS RATES +/-
30 Year Fixed 4.25%
15 Year Fixed 3.22%
5/1 ARM 3.21%
Wednesday, August 23, 2017

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Mortgage rates for Kentucky go up to 4.25%

Wednesday, August 23, 2017

Mortgage rates for Kentucky on Lender411 for 30-year fixed-rate mortgages are at 4.25%. That increased from 3.93% to 4.25%. The 15-year fixed rates are now at 3.22%. The 5/1 ARM mortgage for Kentucky 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 Kentucky. 

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