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7/1 ARM Mortgage Rates in Ohio

Updated: October 23, 2017

Search Rates

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

4.200%

APR
7 Year ARM
4.125% Rate $970/mo
  • Updated October 23, 2017
  • A+ Rating with the Better Business Bureau

3.921%

APR
7 Year ARM
3.375% Rate $884/mo
  • Updated October 23, 2017
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PRODUCTS RATES +/-
30 Year Fixed 4.13%
15 Year Fixed 3.25%
5/1 ARM 3.33%
Monday, October 23, 2017

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Mortgage rates for Ohio go down to 4.13%

Monday, October 23, 2017

Mortgage rates for Ohio on Lender411 for 30-year fixed-rate mortgages are at 4.13%. That dropped from 4.13% to 4.13%. The 15-year fixed rates are now at 3.25%. The 5/1 ARM mortgage for Ohio is now at 3.33%.

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 Ohio. 

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