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7/1 ARM Mortgage Rates in Florida

Updated: May 22, 2018

Search Rates

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

4.584%

APR
7 Year ARM
4.500% Rate $1,014/mo
  • Updated May 22, 2018
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4.260%

APR
7 Year ARM
4.000% Rate $955/mo
  • Updated May 22, 2018
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PRODUCTS RATES +/-
30 Year Fixed 4.78%
15 Year Fixed 3.94%
5/1 ARM 4.33%
Tuesday, May 22, 2018

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Mortgage rates for Florida go down to 4.78%

Tuesday, May 22, 2018

Mortgage rates for Florida on Lender411 for 30-year fixed-rate mortgages are at 4.78%. That dropped from 4.78% to 4.78%. The 15-year fixed rates are now at 3.94%. The 5/1 ARM mortgage for Florida is now at 4.33%.

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 Florida. 

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