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5/1 ARM Mortgage Rates in Virginia

Updated: March 28, 2020

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

PRODUCTS RATES +/-
30 Year Fixed 3.30%
15 Year Fixed 3.12%
5/1 ARM 4.13%
Saturday, March 28, 2020

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Mortgage rates for Virginia go down to 3.30%

Saturday, March 28, 2020

Mortgage rates for Virginia on Lender411 for 30-year fixed-rate mortgages are at 3.30%. That dropped from 3.33% to 3.30%. The 15-year fixed rates are now at 3.12%. The 5/1 ARM mortgage for Virginia is now at 4.13%.

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 Virginia. 

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Alexandria | Arlington | Bluefield | Charlottesville | Chesapeake | Danville | Fairfax | Hampton Roads | Harrisonburg | Lynchburg | Martinsville | Reston | Richmond | Roanoke | South Hill | Sugarland Run | Virginia Beach

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