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5/1 ARM Mortgage Rates in Texas

Updated: November 15, 2018

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

4.782%

APR
5 Year ARM
4.750% Rate $1,044/mo
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4.994%

APR
5 Year ARM
4.375% Rate $999/mo
  • Updated November 15, 2018
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PRODUCTS RATES +/-
30 Year Fixed 5.38%
15 Year Fixed 3.67%
5/1 ARM 0.00%
Thursday, November 15, 2018

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Mortgage rates for Texas go down to 5.38%

Thursday, November 15, 2018

Mortgage rates for Texas on Lender411 for 30-year fixed-rate mortgages are at 5.38%. That dropped from 5.38% to 5.38%. The 15-year fixed rates are now at 3.67%. The 5/1 ARM mortgage for Texas is now at 0.00%.

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 Texas. 

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