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7/1 ARM Mortgage Rates in Minnesota

Updated: June 27, 2017

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

3.691%

APR
7 Year ARM
3.125% Rate $857/mo
  • Updated June 27, 2017
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3.756%

APR
7 Year ARM
3.375% Rate $884/mo
  • Updated June 27, 2017
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3.074%

APR
7 Year ARM
3.000% Rate $844/mo
  • Updated June 27, 2017
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4.064%

APR
7 Year ARM
3.990% Rate $954/mo
  • Updated June 27, 2017
  • A+ Rating with the Better Business Bureau
PRODUCTS RATES +/-
30 Year Fixed 3.96%
15 Year Fixed 3.13%
5/1 ARM 3.27%
Tuesday, June 27, 2017

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Mortgage rates for Minnesota go down to 3.96%

Tuesday, June 27, 2017

Mortgage rates for Minnesota on Lender411 for 30-year fixed-rate mortgages are at 3.96%. That dropped from 3.96% to 3.96%. The 15-year fixed rates are now at 3.13%. The 5/1 ARM mortgage for Minnesota is now at 3.27%.

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. 

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