X

New: See HSH.com's Annual Outlook -Our 2020 forecast for mortgage rates, housing and more.

New: See HSH.com's Annual Outlook -Our 2020 forecast for mortgage rates, housing and more.

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

Week30-year-Fixed15-year-Fixed5-year-ARM
01/16 3.650% 3.090% 3.390%
01/09 3.640% 3.070% 3.300%
01/02 3.720% 3.160% 3.460%
12/26 3.740% 3.190% 3.450%
12/19 3.730% 3.190% 3.370%
12/12 3.730% 3.190% 3.360%
12/05 3.680% 3.140% 3.390%
11/21 3.660% 3.150% 3.390%
11/14 3.750% 3.200% 3.440%
11/07 3.690% 3.130% 3.390%
10/31 3.780% 3.190% 3.430%
10/24 3.750% 3.180% 3.400%
  • 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
Personalize your quotes and see mortgage rates just for you.
Displaying Today's Mortgage Rates for a $200000 Refinance loan in CA.
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.
Featured lenders
Updated: 1/19/2020
Quicken Loans
  • We close our loans FAST - many in 30 days or less!
  • Rates are still low, but they may rise. Lock your rate today.
  • We have the right loans for first-time and experienced home buyers.
Featured lenders
Updated: 1/17/2020
CloseYourOwnLoan.com
  • Skip the salesman. Keep the commission!
  • Get online rates, payments and a Good Faith Estimate
  • $1,000 Best Rate Guarantee

5/1 year ARM mortgage rates today from 4.375%

Updated: 9/4/2019
5/1 Yr. ARM
5/1 Yr. ARM
Rate as low as
5.002%
APR
Rate as low as
4.375%
Rate
$ 999
Monthly Payment
Show Details
Updated: 9/4/2019
RateZip
  • Compare up to 5 Offers, Against a Network of 1000s of Lenders
  • 3.411% APR
  • Fixed Rate 30yr
Add to Homescreen?
X
X
Install this web app on your phone :tap and then Add to homescreen