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5/1 ARM Mortgage Rates in South Dakota

Updated: September 19, 2018

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

PRODUCTS RATES +/-
30 Year Fixed 5.08%
15 Year Fixed 3.63%
5/1 ARM 3.88%
Wednesday, September 19, 2018

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Mortgage rates for South Dakota go down to 5.08%

Wednesday, September 19, 2018

Mortgage rates for South Dakota on Lender411 for 30-year fixed-rate mortgages are at 5.08%. That dropped from 5.08% to 5.08%. The 15-year fixed rates are now at 3.63%. The 5/1 ARM mortgage for South Dakota is now at 3.88%.

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 Dakota. 

Local Cities

Brookings | Camp Crook | Clark | Rapid City | Redig | Sioux Falls

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