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7/1 ARM Mortgage Rates in Massachusetts

Updated: October 13, 2019

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

4.935%

APR
7 Year ARM
4.250% Rate $984/mo
  • Updated October 13, 2019
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PRODUCTS RATES +/-
30 Year Fixed 3.61%
15 Year Fixed 3.35%
5/1 ARM 4.19%
Sunday, October 13, 2019

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Mortgage rates for Massachusetts go down to 3.61%

Sunday, October 13, 2019

Mortgage rates for Massachusetts on Lender411 for 30-year fixed-rate mortgages are at 3.61%. That dropped from 3.61% to 3.61%. The 15-year fixed rates are now at 3.35%. The 5/1 ARM mortgage for Massachusetts is now at 4.19%.

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 Massachusetts. 

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