7/1 ARM Mortgage Rates in South Dakota
Updated: March 29, 2020
Search Rates
Displaying rates for Mortgage Refinance in SD for $200,000
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4.935%APR  7 Year ARM |
4.250% Rate | $984/mo |
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| PRODUCTS | RATES | +/- |
| 30 Year Fixed |
3.30%
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| 15 Year Fixed |
3.12%
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| 5/1 ARM |
4.13%
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Mortgage rates for South Dakota go down to 3.30%
Sunday, March 29, 2020
Mortgage rates for South Dakota on Lender411 for 30-year fixed-rate mortgages are at 3.30%. That dropped from 3.30% to 3.30%. The 15-year fixed rates are now at 3.12%. The 5/1 ARM mortgage for South Dakota is now at 4.13%.
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
