On Thursday, Aug. 29, 2019, the average rate on a 30-year fixed-rate mortgage fell one basis point to 3.85%, the rate on the 15-year fixed fell one basis point to 3.42% and the rate on the 5/1 ARM.
Pmi Rates By Credit Score Best 5 Year Arm mortgage rates 5/5 adjustable rate mortgage. The low payments of a traditional adjustable-rate mortgage combine with low adjustable caps for greater rate security. The 5-Year Adjustable Rate Mortgage (ARM) at Star One Credit Union-starting at 3.500% interest rate and a 4.529% APR1. The 5/5 ARM combines lower initial payments with an extended period between.