7/1 ARM Mortgage Rates in Kentucky
Updated: October 20, 2017
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Displaying rates for Mortgage Refinance in KY for $200,000
NMLS# 3030 |
4.200%APR  7 Year ARM |
4.125% Rate | $970/mo |
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| PRODUCTS | RATES | +/- |
| 30 Year Fixed |
4.17%
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| 15 Year Fixed |
3.28%
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| 5/1 ARM |
3.38%
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Mortgage rates for Kentucky go down to 4.17%
Friday, October 20, 2017
Mortgage rates for Kentucky on Lender411 for 30-year fixed-rate mortgages are at 4.17%. That dropped from 4.17% to 4.17%. The 15-year fixed rates are now at 3.28%. The 5/1 ARM mortgage for Kentucky is now at 3.38%.
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 Kentucky.
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