What is 5 1 arm interest rates
The rates shown below do not include Investor Advantage Pricing discounts and are based on a $850,000 loan and 60% LTV.2. 5/1 Jumbo ARM. 3.0%. 3.592% For example, when you see a “5/1” ARM loan, the five (5) represents the period in years with which the interest rate and payment is to remain fixed. The one (1) Find a competitive rate for your home loan with free quotes for 5/1 ARM A 5/1 ARM is an adjustable rate mortgage that offers a fixed interest rate for the first five