Current 5/1 Hybrid Adjustable Rate Mortgage (ARMs) Rates

Week30-year-Fixed15-year-Fixed5-year-ARM
10/10 3.570% 3.050% 3.350%
10/03 3.650% 3.140% 3.380%
09/26 3.640% 3.160% 3.380%
09/19 3.730% 3.210% 3.490%
09/12 3.560% 3.090% 3.360%
09/05 3.490% 3.000% 3.300%
08/29 3.580% 3.060% 3.310%
08/22 3.550% 3.030% 3.320%
08/15 3.600% 3.070% 3.350%
08/08 3.600% 3.050% 3.360%
08/01 3.750% 3.200% 3.460%
07/25 3.750% 3.180% 3.470%
  • Rate changes: Fully variable, typically changing at one-year intervals; some have shorter change intervals
  • Benefits: Can have lowest interest rates, but qualification may not depend upon today's interest rate
  • Alternative Strategy: Consider Hybrid ARM to ameliorate rate and payment risks for a given period
  • Useful for: Purchasing or refinancing when interest rates are near top of cycle, and are likely to fall, or sale or refinance is anticipated within three years
  • Consider if: Buying or refinancing when income can handle frequent payment changes and worst-case scenario for rates over a four-year period
  • When shopping, ask about: A history of the index the loan is governed by, margin and caps
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Displaying Today's Mortgage Rates for a $150000 Refinance loan in CA.
Refinance
Your loan amount is greater than the value of the property, a condition known as being "underwater".
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Updated: 10/15/2019
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5/1 year ARM mortgage rates today from 3.375%

Updated: 10/15/2019
5/1 Yr. ARM
5/1 Yr. ARM
Rate as low as
4.736%
APR
Rate as low as
3.375%
Rate
$ 663
Monthly Payment
Show Details
Updated: 10/15/2019
5/1 Yr. ARM
5/1 Yr. ARM
Rate as low as
4.631%
APR
Rate as low as
2.875%
Rate
$ 622
Monthly Payment
Show Details
Updated: 10/15/2019
CloseYourOwnLoan.com
  • Skip the salesman. Keep the commission!
  • Get online rates, payments and a Good Faith Estimate
  • $1,000 Best Rate Guarantee
Updated: 10/15/2019
AimLoan.com
  • Internet direct lender since 1998. View rates & fees, apply/lock online 24/7