15 1 Arm Rates

After five weeks of declines, mortgage rates are. January 2018. The 15-year fixed-rate average fell to 3.46 percent with an average 0.5 point. It was 3.51 percent a week ago and 4.06 percent a year.

*Adjustable rate mortgage (ARM). 15-year initial rate with annual percentage rate (APR) of 3.512% and an interest rate of 3.625% as of 11/6/2014. After 15 years rate is subject to change annually. The rate at the time of adjustment is based on the 1-year Constant Maturity Treasury index plus a margin of 2.75%.

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