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7/1 ARM Mortgage Rates in District Of Columbia

Updated: October 20, 2019

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

4.935%

APR
7 Year ARM
4.250% Rate $984/mo
  • Updated October 20, 2019
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PRODUCTS RATES +/-
30 Year Fixed 3.65%
15 Year Fixed 3.42%
5/1 ARM 4.13%
Sunday, October 20, 2019

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Mortgage rates for District Of Columbia go down to 3.65%

Sunday, October 20, 2019

Mortgage rates for District Of Columbia on Lender411 for 30-year fixed-rate mortgages are at 3.65%. That dropped from 3.67% to 3.65%. The 15-year fixed rates are now at 3.42%. The 5/1 ARM mortgage for District Of Columbia is now at 4.13%.

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 District Of Columbia. 

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