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  2. What is a 5/1 adjustable-rate mortgage (ARM)? - AOL

    www.aol.com/finance/5-1-adjustable-rate-mortgage...

    Let’s say you take out a 5/1 ARM loan for $300,000 with a 6.5 percent interest rate. For the first five years of the 30-year loan, your rate would be locked in at 6.5 percent, making your ...

  3. Mortgage rates for August 28, 2024 - AOL

    www.aol.com/finance/daily-mortgage-rates-for...

    Rates for a 15-year mortgage stand at an average 5.91% for purchase and 5.92% for refinance, down 6 basis points from 5.97% for purchase and 6 basis points from 5.98% for refinance this time last ...

  4. Mortgage and refinance rates for Nov. 27, 2024: Average 30 ...

    www.aol.com/finance/mortgage-and-refinance-rates...

    Rates for a 15-year mortgage stand at an average 6.24% for purchase and 6.25% for refinance, down 1 basis point from 6.25% for purchase and 1 basis point 6.26% for refinance this time last week.

  5. Daily mortgage rates for April 29, 2024: Mortgage rates ... - AOL

    www.aol.com/finance/daily-mortgage-rates-for...

    10-year fixed rate — 6.75%. 5/1 adjustable rate mortgage — 6.70%. ... The fixed rate for a 15-year mortgage is 6.44%, up 5 basis points from last week's average 6.39%. These figures are higher ...

  6. Mortgage rates for July 12, 2024 - AOL

    www.aol.com/finance/daily-mortgage-rates-for...

    10-year fixed rate — 6.30%. 5/1 adjustable rate mortgage — 6.59%. ... an ARM starts at an initial fixed rate for a period of three years or longer, after which it adjusts to a higher rate and ...

  7. Mortgage interest rates for today February 16, 2024: Where ...

    www.aol.com/lifestyle/mortgage-interest-rates...

    Find the best mortgage rates for today, for a 30-year fixed ... 15-year fixed rates are 6.59%. 5/1 adjustable rate mortgages are 6.15% ... 5-year ARM would have a fixed rate for the first 5 years ...

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