7/1 ARM Mortgage Rates in Kentucky
Updated: July 06, 2020
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Displaying rates for Mortgage Refinance in KY for $200,000
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4.935%APR  7 Year ARM |
4.250% Rate | $984/mo |
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| PRODUCTS | RATES | +/- |
| 30 Year Fixed |
3.03%
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| 15 Year Fixed |
2.56%
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| 5/1 ARM |
4.56%
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Mortgage rates for Kentucky go down to 3.03%
Monday, July 6, 2020
Mortgage rates for Kentucky on Lender411 for 30-year fixed-rate mortgages are at 3.03%. That dropped from 3.03% to 3.03%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Kentucky is now at 4.56%.
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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