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5/1 ARM Mortgage Rates in South Carolina

Updated: November 14, 2018

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

4.900%

APR
5 Year ARM
4.875% Rate $1,059/mo
  • Excellent Service, Great Rates and Convenience

4.994%

APR
5 Year ARM
4.375% Rate $999/mo
  • Updated November 14, 2018
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PRODUCTS RATES +/-
30 Year Fixed 5.38%
15 Year Fixed 3.67%
5/1 ARM 4.00%
Wednesday, November 14, 2018

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Mortgage rates for South Carolina go down to 5.38%

Wednesday, November 14, 2018

Mortgage rates for South Carolina on Lender411 for 30-year fixed-rate mortgages are at 5.38%. That dropped from 5.50% to 5.38%. The 15-year fixed rates are now at 3.67%. The 5/1 ARM mortgage for South Carolina is now at 4.00%.

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 South Carolina. 

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