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7/1 ARM Mortgage Rates in Iowa

Updated: February 20, 2020

Search Rates

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

3.285%

APR
7 Year ARM
3.250% Rate $871/mo
  • Updated February 20, 2020
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4.935%

APR
7 Year ARM
4.250% Rate $984/mo
  • Updated February 20, 2020
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PRODUCTS RATES +/-
30 Year Fixed 3.35%
15 Year Fixed 3.00%
5/1 ARM 4.17%
Thursday, February 20, 2020

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Mortgage rates for Iowa go up to 3.35%

Thursday, February 20, 2020

Mortgage rates for Iowa on Lender411 for 30-year fixed-rate mortgages are at 3.35%. That increased from 3.33% to 3.35%. The 15-year fixed rates are now at 3.00%. The 5/1 ARM mortgage for Iowa 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 Iowa. 

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Allendorf | Atlantic | Cedar Rapids | Davenport | Des Moines | Dubuque | Estherville | Harlan | Inwood | Iowa City | Keokuk | Mason City | Ottumwa | Shenandoah | Sioux City

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