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5/1 ARM Mortgage Rates in District Of Columbia

Updated: July 14, 2020

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Displaying rates for Mortgage Refinance in DC 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 District Of Columbia go down to 3.00%

Tuesday, July 14, 2020

Mortgage rates for District Of Columbia on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.03% to 3.00%. The 15-year fixed rates are now at 2.50%. The 5/1 ARM mortgage for District Of Columbia is now at 4.50%.

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 District Of Columbia. 

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