7/1 ARM Mortgage Rates in South Dakota
Updated: September 18, 2018
Search Rates
Displaying rates for Mortgage Refinance in SD for $200,000
| PRODUCTS | RATES | +/- |
| 30 Year Fixed |
5.08%
|
|
| 15 Year Fixed |
3.63%
|
|
| 5/1 ARM |
3.88%
|
|
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Mortgage rates for South Dakota go down to 5.08%
Tuesday, September 18, 2018
Mortgage rates for South Dakota on Lender411 for 30-year fixed-rate mortgages are at 5.08%. That dropped from 5.08% to 5.08%. The 15-year fixed rates are now at 3.63%. The 5/1 ARM mortgage for South Dakota is now at 3.88%.
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 South Dakota.
Local Cities
Brookings | Camp Crook | Clark | Rapid City | Redig | Sioux Falls
