One-year adjustable
One-year adjustable
One-year adjustable describes a debt instrument that experiences an annual interest rate change. Most often, the term is used in reference to mortgage loans, where the interest rate is reset annually in accordance with the movement of an underlying benchmark rate.
National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed |
4.92 |
| 15 yr fixed |
4.36 |
| 5/1 ARM | 3.76 |
Rates may contain points
