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Current 5/1 Year Adjustable Rate Mortgage (ARM) rates from lenders in the HSH editorial survey

Here's a small random sample of loan rates drawn from the survey of objective information we collect every day. Our database contains current data on thousands of loans from lenders coast to coast -- including jumbo loans.

Unlike other 'surveys,' and other Web sites, these mortgage rates are not advertisements. HSH contacts lenders across the country every week -- the same objective survey we've conducted for over 30 years. Our data is so reliable that it's used by Fortune 500 companies, government agencies, the media, and other clients.

These are representative of loans which may be offered in your area, but we don't claim that these are the "best" available. There are many factors which make the "best" loan dependent upon your individual circumstance.

Ready to order your comprehensive list of local lenders? We can email the latest mortgage report to you for just $10 (plus $1 s/h). It includes the application fee, APR, rate-lock info, index, margin, and caps on 3 or more loans per lender. Or you can order it as part of our Homebuyer's Mortgage Kit, which is just $20 (plus $3 s/h).

List of Areas List of Areas

To order a report for your area by Phone, just call 1-800-873-2837 (Mon-Fri, 9am-5pm Eastern time); Visa and MasterCard accepted.

All information is Copyright © 2014 HSH Associates, Financial Publishers, Riverdale NJ. All rights reserved.

Lender State Phone Lending Area % Adjustment
period
Term % down
Rate %
Points
Maximum Loan
$1,000
Index
ASSURED MORTGAGE, INC WI 262-796-0662 MILWAUKEE METRO 5/1 30 20 3.375 0 650 LIBOR
ASTORIA FEDERAL SAVINGS NY 914-693-2011 RCK,ORNG,WSTC,DTCH,PTNM,ULS 5/1 30 20 2.75 0 417 1YT
FIVE STAR BANK NY 716-699-2366 WESTERN NY & FINGER LAKES 5/1 30 20 3 0 417 1YT
FLAGSTAR BANK MI 248-312-5400 ALL MICHIGAN 5/1 30 20 3.625 0 1500 LIBOR
HOWARD HANNA MTG SERVICES OH 216-447-0077 NORTHEAST OHIO 5/1 30 20 2.875 0 417 LIBOR
LOAN SEARCH NJ 973-239-7373 ALL NEW JERSEY 5/1 30 10 2.875 0 417 1YT
N V E BANK NJ 201-816-2800 ALL NEW JERSEY 5/1 30 25 3.375 0 750 1YT
STURDY SAVINGS BANK NJ 609-368-8217 CAPE MAY 5/1 30 20 3.5 0 417 1YT
WALDEN SAVINGS BANK NY 845-457-7700 ORANGE,SULLIVAN,ULSTER 5/1 30 5 3.125 0 417 1YT
WALDEN SAVINGS BANK NY 845-457-7700 ORANGE,SULLIVAN,ULSTER 5/1 30 20 3.375 0 1000 1YT

 

Be sure to see our other loan samples:
15-Year FRMs30-Year FRMs1-Year ARMs

Notes:

  • All interest rates and terms are subject to change without notice.
  • These lenders offer many different loan programs. If you want one that isn't listed, contact the lender directly.
  • The conforming loan limit for a one-family home is $417,000; two- to four-family homes have higher loan amounts.
  • Lenders which offer conforming loans almost always offer jumbo loans as well.

Column heading key

Lender: The institution. If a credit union, you'll need to contact them for membership information and details.

State: The state in which the lender is located.

Phone: The lender's contact number.

Lending Area: The area which the listed office serves.

Adjustment Period: How often the interest rate adjusts (in years).

Term:The total term of the mortgage.

Down Payment: The required down payment for the listed loan.

Interest Rate: The interest rate being charged for the listed loan.

Points: A fee, expressed as a percentage of the loan amount.
One point is equal to a 1% fee; a 1% fee on $100,000 would be a $1000 fee.

Maximum Loan: The maximum dollar amount available at the listed rates and terms.

Index Used: The name of the index used to govern rate changes.

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Mortgage refinance rates in Virginia

2.500% Rate

5/1 Yr. ARM

2.871% APR

$790 / month (est)

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Updated 8/22/2014

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2.750% Rate

5/1 Yr. ARM

2.993% APR

$816 / month (est)

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Updated 8/22/2014

  • Direct Mortgage Lender
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2.875% Rate

5/1 Yr. ARM

3.036% APR

$830 / month (est)

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Updated 8/22/2014

Immediate Rate LockLow FeesExtended Support HoursOffers HARP LoansNational Lender
  • Saving just makes sense. Get $1000 Off Closing Costs.
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2.750% Rate

5/1 Yr. ARM

2.846% APR

$816 / month (est)

Learn More

Updated 8/22/2014

National LenderMember of BBBFHA Approved LenderOffers HARP LoansVA Approved Lender
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2.875% Rate

5/1 Yr. ARM

3.099% APR

$830 / month (est)

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Updated 8/22/2014

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Daily US & International Rates - Last update: 08/22/2014

Latest Yesterday Week Ago
Federal Funds Rate 0.09% 0.09% 0.09%
Discount Rate 0.75% 0.75% 0.75%
Overnight Libor (1 day delay) 0.09% 0.09% 0.09%
Fannie Mae 30/60 3.77% 3.82% 3.82%
6 Month Libor (1 day delay) 0.33% 0.33% 0.33%
10 Year Treasury Security 2.43% 2.40% 2.44%
The Prime Rate 3.25% 3.25% 3.25%

Source: ARMindexes.com

Time Range: 6m 1y 2y 5y

30-Year-3-1-ARM
30-Year-5-1-ARM
30-Year-7-1-ARM

Mortgage Rates for Aug. 15 - 22 , 2014*

Product Interest Rate Points National Average
30 Year 3/1 ARM 2.82% 0.05 2.82%
30 Year 5/1 ARM 3.09% 0.10 3.09%
30 Year 7/1 ARM 3.27% 0.12 3.27%
*weekly rolling averages

Hide graph data
2/14 3/14 4/14 5/14 6/14 7/14 8/14
30-Year-3-1-ARM 2.98 3.00 3.06 2.99 2.91 2.94 2.94
30-Year-5-1-ARM 3.08 3.05 3.13 3.08 3.08 3.09 3.13
30-Year-7-1-ARM 3.40 3.38 3.44 3.37 3.34 3.32 3.37