5/1 ARM Mortgage Rates in Minnesota
Updated: November 15, 2018
Search Rates
Displaying rates for Mortgage Refinance in MN for $200,000
NMLS# 424182 |
4.788%APR  5 Year ARM |
4.750% Rate | $1,044/mo |
|
|
||||
| PRODUCTS | RATES | +/- |
| 30 Year Fixed |
5.17%
|
|
| 15 Year Fixed |
3.99%
|
|
| 5/1 ARM |
4.13%
|
|
Get a Personalized Rate QuoteEasy & Accurate, Takes 45 Seconds
Secure Form Privacy Policy | Terms of Use.
Mortgage rates for Minnesota go down to 5.17%
Thursday, November 15, 2018
Mortgage rates for Minnesota on Lender411 for 30-year fixed-rate mortgages are at 5.17%. That dropped from 5.21% to 5.17%. The 15-year fixed rates are now at 3.99%. The 5/1 ARM mortgage for Minnesota 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 Minnesota.
Local Cities
Chanhassen | Duluth | Eden Prairie | Hadley | Mankato | Maple Grove | Minneapolis | Moorhead | Rochester | St. Cloud | St. Paul | White Bear Lake | Woodbury | Worthington
