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Adjustable Mortgage Rates in Arkansas

Updated: July 14, 2020

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

PRODUCTS RATES +/-
30 Year Fixed 3.00%
15 Year Fixed 2.50%
5/1 ARM 4.50%
Tuesday, July 14, 2020

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Mortgage rates for Arkansas go up to 3.00%

Tuesday, July 14, 2020

Mortgage rates for Arkansas on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That increased from 2.75% to 3.00%. The 15-year fixed rates are now at 2.50%. The 5/1 ARM mortgage for Arkansas is now at 4.50%.

ARM Rates in Arkansas Today

Adjustable Rate Mortgages (ARM)'s are loans whose interest rate can vary during the loan's term. These loans usually have a fixed interest rate for an initial period of time (usually lower rates) and then can adjust based on current market conditions. Adjustable rate mortgages are usually amortized over a period of 30 years with the initial rate being fixed for anywhere from 1 month to 10 years.

If you are buying a home in Arkansas or refinancing into an ARM loan, you can find the best rates on Lender411.com. Check out the main page on Adjustable Mortgage Rates.

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