7/1 ARM Mortgage Rates in Kentucky
Updated: September 19, 2018
Search Rates
Displaying rates for Mortgage Refinance in KY for $200,000
| PRODUCTS | RATES | +/- |
| 30 Year Fixed |
4.92%
|
|
| 15 Year Fixed |
4.13%
|
|
| 5/1 ARM |
3.88%
|
|
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Mortgage rates for Kentucky go down to 4.92%
Wednesday, September 19, 2018
Mortgage rates for Kentucky on Lender411 for 30-year fixed-rate mortgages are at 4.92%. That dropped from 5.00% to 4.92%. The 15-year fixed rates are now at 4.13%. The 5/1 ARM mortgage for Kentucky is now at 3.88%.
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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