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7/1 ARM Mortgage Rates in Minnesota

Updated: October 20, 2017

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

3.921%

APR
7 Year ARM
3.375% Rate $884/mo
  • Updated October 20, 2017
  • Get a free and no obligation rate quote in Minnesota.
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4.200%

APR
7 Year ARM
4.125% Rate $970/mo
  • Updated October 20, 2017
  • A+ Rating with the Better Business Bureau
PRODUCTS RATES +/-
30 Year Fixed 4.11%
15 Year Fixed 3.28%
5/1 ARM 3.38%
Friday, October 20, 2017

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Mortgage rates for Minnesota go down to 4.11%

Friday, October 20, 2017

Mortgage rates for Minnesota on Lender411 for 30-year fixed-rate mortgages are at 4.11%. That dropped from 4.11% to 4.11%. The 15-year fixed rates are now at 3.28%. The 5/1 ARM mortgage for Minnesota is now at 3.38%.

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 Minnesota. 

Local Cities

Chanhassen | Duluth | Eden Prairie | Hadley | Mankato | Maple Grove | Minneapolis | Moorhead | Rochester | St. Cloud | St. Paul | White Bear Lake | Woodbury | Worthington

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