3/1 ARM Mortgage Rates in South Dakota

Mortgage rates for South Dakota go down to 3.00%

Mortgage rates for South Dakota on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for South Dakota is now at 4.56%.

3/1 ARM Mortgage Rate Explained

3/1 ARM is an adjustable rate mortgage where the monthly payment (principal and interest) of the loan does not change during 3 years. After that the rate will change based on its "margin" and "index" . Above you will find 3/1 ARM refinance rates for national and local lenders in South Dakota. 

Local Cities

Brookings | Camp Crook | Clark | Rapid City | Redig | Sioux Falls