15 Year Arm Mortgage Rates
Contents 30-year fixed-rate mortgage. 15-year frm averaged Adjustable-rate mortgage (arm). Current purchase rates Remaining loan term Specific home financing Five-year adjustable rate mortgages, or ARMs, have historically carried lower baseline interest rates than the common 30-year fixed-rate mortgage. Since 2005, rates for the 5/1 hybrid have tracked the decline of the 30-year fixed-rate, with initial rates for the adjustable averaging 0.71 points lower than fixed-rate mortgages. A year ago at this time, the 15-year frm averaged 3.99 percent. 5-year Treasury-indexed hybrid adjustable-rate mortgage (arm). The interest rate table below is…
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