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7/1 ARM Mortgage Rates in California

Updated: October 20, 2018

Search Rates

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

4.940%

APR
7 Year ARM
4.875% Rate $1,059/mo
  • Updated October 20, 2018
  • Welcome to Flagstar’s new online mortgage experience!

4.830%

APR
7 Year ARM
4.750% Rate $1,044/mo
  • Updated October 20, 2018
  • Local Washington company with low over head equals savings for you.
PRODUCTS RATES +/-
30 Year Fixed 5.00%
15 Year Fixed 4.13%
5/1 ARM 3.88%
Saturday, October 20, 2018

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Mortgage rates for California go up to 5.00%

Saturday, October 20, 2018

Mortgage rates for California on Lender411 for 30-year fixed-rate mortgages are at 5.00%. That increased from 4.77% to 5.00%. The 15-year fixed rates are now at 4.13%. The 5/1 ARM mortgage for California is now at 3.88%.

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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