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7/1 ARM Mortgage Rates in Maine

Updated: August 16, 2018

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

PRODUCTS RATES +/-
30 Year Fixed 5.03%
15 Year Fixed 3.63%
5/1 ARM 0.00%
Thursday, August 16, 2018

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Mortgage rates for Maine go down to 5.03%

Thursday, August 16, 2018

Mortgage rates for Maine on Lender411 for 30-year fixed-rate mortgages are at 5.03%. That dropped from 5.08% to 5.03%. The 15-year fixed rates are now at 3.63%. The 5/1 ARM mortgage for Maine is now at 0.00%.

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. 

Local Cities

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

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