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7/1 ARM Mortgage Rates in Ohio

Updated: July 16, 2018

Search Rates

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

4.260%

APR
7 Year ARM
4.000% Rate $955/mo
  • Updated July 16, 2018
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PRODUCTS RATES +/-
30 Year Fixed 4.85%
15 Year Fixed 3.88%
5/1 ARM 4.00%
Monday, July 16, 2018

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Mortgage rates for Ohio go down to 4.85%

Monday, July 16, 2018

Mortgage rates for Ohio on Lender411 for 30-year fixed-rate mortgages are at 4.85%. That dropped from 4.85% to 4.85%. The 15-year fixed rates are now at 3.88%. The 5/1 ARM mortgage for Ohio is now at 4.00%.

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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