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5/1 ARM Mortgage Rates in Rhode Island

Updated: April 26, 2017

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

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
  • Skip the salesman. Keep the commission! View and lock your rate online.

3.709%

APR
5 Year ARM
3.125% Rate $857/mo
  • Updated April 26, 2017
  • Guaranteed Lender Fees/No Surprises
  • Personal Loan Advisor from Start to Finish
  • Quick Turn-Times

3.725%

APR
5 Year ARM
3.000% Rate $843/mo
  • Updated April 26, 2017
  • Skip the salesman. Keep the commission!
  • Get online rates, payments and a Good Faith Estimate
  • $1,000 Best Rate Guarantee
PRODUCTS RATES +/-
30 Year Fixed 4.17%
15 Year Fixed 3.13%
5/1 ARM 3.40%
Wednesday, April 26, 2017

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Mortgage rates for Rhode Island go down to 4.17%

Wednesday, April 26, 2017

Mortgage rates for Rhode Island on Lender411 for 30-year fixed-rate mortgages are at 4.17%. That dropped from 4.17% to 4.17%. The 15-year fixed rates are now at 3.13%. The 5/1 ARM mortgage for Rhode Island 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 Rhode Island. 

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