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7/1 ARM Mortgage Rates in Maine

Updated: May 22, 2019

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

4.935%

APR
7 Year ARM
4.250% Rate $984/mo
  • Updated May 22, 2019
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PRODUCTS RATES +/-
30 Year Fixed 4.13%
15 Year Fixed 3.63%
5/1 ARM 4.13%
Wednesday, May 22, 2019

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Mortgage rates for Maine go up to 4.13%

Wednesday, May 22, 2019

Mortgage rates for Maine on Lender411 for 30-year fixed-rate mortgages are at 4.13%. That increased from 4.09% to 4.13%. The 15-year fixed rates are now at 3.63%. The 5/1 ARM mortgage for Maine is now at 4.13%.

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 Maine. 

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Auburn | Augusta | Bangor | Brunswick | Camden | Lewiston | Portland | Presque Isle

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