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7/1 ARM Mortgage Rates in Virginia

Updated: July 01, 2020

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

PRODUCTS RATES +/-
30 Year Fixed 3.03%
15 Year Fixed 2.56%
5/1 ARM 4.56%
Wednesday, July 01, 2020

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Mortgage rates for Virginia go up to 3.03%

Wednesday, July 1, 2020

Mortgage rates for Virginia on Lender411 for 30-year fixed-rate mortgages are at 3.03%. That increased from 3.00% to 3.03%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Virginia is now at 4.56%.

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 Virginia. 

Local Cities

Alexandria | Arlington | Bluefield | Charlottesville | Chesapeake | Danville | Fairfax | Hampton Roads | Harrisonburg | Lynchburg | Martinsville | Reston | Richmond | Roanoke | South Hill | Sugarland Run | Virginia Beach

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