Forgotten Your Password?

Need to Register?

5/1 ARM Mortgage Rates in Alabama

PRODUCTS RATES +/-
30 Year Fixed 3.00%
15 Year Fixed 2.56%
5/1 ARM 4.56%
Thursday, March 28, 2024

Get a Personalized Rate QuoteEasy & Accurate, Takes 45 Seconds

Mortgage rates for Alabama go down to 3.00%

Thursday, March 28, 2024

Mortgage rates for Alabama 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 Alabama is now at 4.56%.

5/1 ARM Mortgage Rate Explained

5/1 ARM is an adjustable rate mortgage where the interest rate on the loan and hence the payment of the loan stays the same during the first 5 years. After that the rate will change based on its "margin" and "index" . Above you will find 5/1 ARM refinance rates for national and local lenders in Alabama. 

Local Cities

Anniston | Auburn | Birmingham | Dothan | Eufaula | Fairhope | Florence | Huntsville | Mobile | Montgomery | Phenix City | Selma | Tuscaloosa | Vernon

Subscribe to our news feed.