5/1 ARM Mortgage Rates in Rhode Island
Updated: September 19, 2020
Search Rates
Displaying rates for Mortgage Refinance in RI for $200,000
|
|
5.046%APR  5 Year ARM |
4.500% Rate | $1,013/mo |
|
||||
| PRODUCTS | RATES | +/- |
| 30 Year Fixed |
3.00%
|
|
| 15 Year Fixed |
2.56%
|
|
| 5/1 ARM |
4.56%
|
|
Get a Personalized Rate QuoteEasy & Accurate, Takes 45 Seconds
Secure Form Privacy Policy | Terms of Use.
Mortgage rates for Rhode Island go down to 3.00%
Saturday, September 19, 2020
Mortgage rates for Rhode Island on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Rhode Island is now at 4.56%.
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.
Local Cities
Barrington | Cranston | Narragansett | Newport | Portsmouth | Providence | Warwick
