Current Lowest Mortgage Rates Bb&T Refinance Rates Jumbo Loan Rates Lower Than Conventional Conventional | Fairway Independent Mortgage Corporation – Conventional Loans Lower Rates with More Flexibility. A conventional mortgage refers to any loan that is not insured or guaranteed by the federal government, as opposed to government-insured loans including federal housing administration (fha), U.S. Department of Veteran Affairs (VA) and U.S. Department of Agriculture (USDA).Conventional mortgages (whether conforming or not) typically.BB&T 3-Year Auto Loan at 2.29% APR | GOBankingRates – BB&T Auto Loan Terms and Conditions. Terms for this auto loan are simple: customers eligible for BB&T’s 2.29% rate must have a credit score of 740 or higher, with a debt-to-income ratio of 43 percent or less. Their approved loan amounts must also be $15,001 or more.Compare mortgage rates from multiple lenders in one place. It’s fast, free, and anonymous.

3 Year ARM. Definition: A 3 Year ARM is a loan with a fixed rate for the first three years that has a rate that changes once each year for the remaining life of the loan. Because the interest rate can change after the first three years, the monthly payment may also change. A 3 year ARM, also known as a 3/1 ARM, is a hybrid mortgage.

1 Year Arm Rates – Refinance your mortgage payments right now and we will help you to lower your interest rate or shorten your term. Find out more information in our site. You will gain little or nothing at all, because the mortgage company is behind your back.

A 3/1 adjustable rate mortgage (3/1 ARM) is an adjustable-rate mortgage (ARM) with an interest rate that is initially fixed for three years then adjusts each year. The "3" refers to the number of initial years with a fixed rate, and the "1" refers to how often the rate adjusts after the initial period.

15 Percent Interest Rate How to Convert an Annual Interest Rate to a Monthly Rate. – For example, to determine the monthly rate on a $1,200 loan with one year of payments and a 10 percent APR, divide by 12, or 10 12, to arrive at 0.0083 percent as the monthly rate.

The 15-year fixed-rate mortgage averaged 3.22%, up four basis points. The 5-year Treasury-indexed hybrid adjustable-rate.

3 Reasons an ARM Mortgage Is a Good Idea. The table below compares a 5/1 ARM at 3.2% and a 30-year fixed rate mortgage at 3.9%. We’ll use a $200,000 loan in each case..

For comparison purposes, a 3-year adjustable rate mortgage of $200,000 with a 20% down payment at an APR of 5.214% with 0.250 discount points and a $985 origination fee with a credit score of 740 would result in 36 equal payments of $983.88 and 324 equal payments of $1109.25.

5 Year Fixed Rate Advances – FHLB Des Moines – 1 Year, 2.53%, 2.30%, 2.54%, 2.43%. 5 years, 2.53%, 2.30%, 2.54%, 2.34%. For Fixed-Rate Advances not listed above, please contact the Money Desk at.

3 Year Adjustable Rate Mortgage Highlights Introductory rate in place for the first 3 years of the loan. After those first 36 months, a 3/1 ARM then begins to adjust as defined by the loan’s margin, caps and the rate of the index which the mortgage is tied to.

 · With an adjustable-rate mortgage, the rate stays the same, generally for the first year or few years, and then it begins to adjust periodically. Once the rate begins to adjust, the changes to your interest rate are based on the market, not your personal financial situation.

Fixed Rate vs Arm Mortgage 3 year arm loan. Whether you’re just comparing 3 year ARM rates or ready to get started on a mortgage, we can help make the process of refinancing or buying a home fast and easy. 3 year arm rates today can vary depending on a number of factors, and our licensed loan officers can answer your questions about ARM mortgage loans.