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7/1 ARM Mortgage Rates in South Carolina

Updated: January 26, 2020

Search Rates

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

3.392%

APR
7 Year ARM
3.375% Rate $885/mo
  • Updated January 26, 2020
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4.935%

APR
7 Year ARM
4.250% Rate $984/mo
  • Updated January 26, 2020
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PRODUCTS RATES +/-
30 Year Fixed 3.38%
15 Year Fixed 3.29%
5/1 ARM 4.13%
Sunday, January 26, 2020

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Mortgage rates for South Carolina go down to 3.38%

Sunday, January 26, 2020

Mortgage rates for South Carolina on Lender411 for 30-year fixed-rate mortgages are at 3.38%. That dropped from 3.38% to 3.38%. The 15-year fixed rates are now at 3.29%. The 5/1 ARM mortgage for South Carolina 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 Carolina. 

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