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7/1 ARM Mortgage Rates in California

Updated: June 24, 2019

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

4.935%

APR
7 Year ARM
4.250% Rate $984/mo
  • Updated June 24, 2019
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5.159%

APR
7 Year ARM
4.500% Rate $1,013/mo
  • Updated June 24, 2019
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4.888%

APR
7 Year ARM
3.875% Rate $940/mo
  • Updated June 24, 2019
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PRODUCTS RATES +/-
30 Year Fixed 3.97%
15 Year Fixed 3.38%
5/1 ARM 4.17%
Monday, June 24, 2019

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Mortgage rates for California go down to 3.97%

Monday, June 24, 2019

Mortgage rates for California on Lender411 for 30-year fixed-rate mortgages are at 3.97%. That dropped from 3.99% to 3.97%. The 15-year fixed rates are now at 3.38%. The 5/1 ARM mortgage for California is now at 4.17%.

7/1 ARM Mortgage Rate Explained

7/1 ARM is an adjustable rate mortgage where the interest rate on the loan remains constant for the first 7 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 California. 

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