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5/1 ARM Mortgage Rates in New Mexico

Updated: April 26, 2017

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

3.349%

APR
5 Year ARM
3.250% Rate $871/mo
  • Low Mortgage Rates. Everyday.

3.065%

APR
5 Year ARM
3.000% Rate $844/mo
  • Updated April 26, 2017
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3.225%

APR
5 Year ARM
3.125% Rate $857/mo
  • Updated April 26, 2017
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3.904%

APR
5 Year ARM
3.250% Rate $870/mo
  • Updated April 26, 2017
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3.725%

APR
5 Year ARM
3.000% Rate $843/mo
  • Updated April 26, 2017
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  • Get online rates, payments and a Good Faith Estimate
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PRODUCTS RATES +/-
30 Year Fixed 4.18%
15 Year Fixed 3.31%
5/1 ARM 3.40%
Wednesday, April 26, 2017

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Mortgage rates for New Mexico go up to 4.18%

Wednesday, April 26, 2017

Mortgage rates for New Mexico on Lender411 for 30-year fixed-rate mortgages are at 4.18%. That increased from 4.07% to 4.18%. The 15-year fixed rates are now at 3.31%. The 5/1 ARM mortgage for New Mexico is now at 3.40%.

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 New Mexico. 

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