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5/1 ARM Mortgage Rates in Indiana

Updated: June 05, 2020

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

PRODUCTS RATES +/-
30 Year Fixed 3.15%
15 Year Fixed 2.56%
5/1 ARM 4.56%
Friday, June 05, 2020

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Mortgage rates for Indiana go down to 3.15%

Friday, June 5, 2020

Mortgage rates for Indiana on Lender411 for 30-year fixed-rate mortgages are at 3.15%. That dropped from 3.15% to 3.15%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Indiana 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 Indiana. 

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Aurora | Bedford | Bloomington | Brookville | Elkhart | Evansville | Fort Wayne | Gary | Goshen | Indianapolis | Lafayette | Richmond | Scottsburg | South Bend | Tell City | Terre Haute

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