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7/1 ARM Mortgage Rates in North Carolina

Updated: October 18, 2019

Search Rates

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

3.412%

APR
7 Year ARM
3.375% Rate $885/mo
  • Updated October 18, 2019
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4.935%

APR
7 Year ARM
4.250% Rate $984/mo
  • Updated October 18, 2019
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PRODUCTS RATES +/-
30 Year Fixed 3.68%
15 Year Fixed 3.38%
5/1 ARM 3.97%
Friday, October 18, 2019

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Mortgage rates for North Carolina go up to 3.68%

Friday, October 18, 2019

Mortgage rates for North Carolina on Lender411 for 30-year fixed-rate mortgages are at 3.68%. That increased from 3.65% to 3.68%. The 15-year fixed rates are now at 3.38%. The 5/1 ARM mortgage for North Carolina is now at 3.97%.

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 North Carolina. 

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