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

Week30-year-Fixed15-year-Fixed5-year-ARM
03/26 3.500% 2.920% 3.340%
03/19 3.650% 3.060% 3.110%
03/12 3.360% 2.770% 3.010%
03/05 3.290% 2.790% 3.180%
02/27 3.450% 2.950% 3.200%
02/20 3.490% 2.990% 3.250%
02/13 3.470% 2.970% 3.280%
02/06 3.450% 2.970% 3.320%
01/30 3.510% 3.000% 3.240%
01/23 3.600% 3.040% 3.280%
01/16 3.650% 3.090% 3.390%
01/09 3.640% 3.070% 3.300%
  • 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 $200000 Refinance loan in VA.
Refinance
Your loan amount is greater than the value of the property, a condition known as being "underwater".
TIP: Save money by contacting 3 or more lenders.

5/1 year ARM mortgage rates today from 3.375%

Updated: 3/27/2020
5/1 Yr. ARM
5/1 Yr. ARM
Rate as low as
4.716%
APR
Rate as low as
3.375%
Rate
$ 884
Monthly Payment
Show Details
Updated: 3/27/2020
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