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Today's Mortgage Rates in Arkansas ProductTodayLast Week30 year fixed6.88%5.38%15 year fixed4.88%4.13%5/1 ARM4.56%4.48%30 yr fixed mtg refi6.49%7.00%3 more rows
Today's mortgage rates in Arkansas are 7.247% for a 30-year fixed, 6.407% for a 15-year fixed, and 7.994% for a 5-year adjustable-rate mortgage (ARM). Getting ready to buy a home? We'll find you a highly rated lender in just a few minutes.
The average 30-year fixed refinance APR is 7.59%, ing to Bankrate's latest survey of the nation's largest mortgage lenders. On Sunday, December 03, 2023, the national average 30-year fixed mortgage APR is 7.50%.
What is the average monthly mortgage payment in Arkansas? Arkansas homeowners pay an average of $984 monthly for a mortgage payment, which is around $175 less than the national average.
Conventional loans often require at least 20% down, whereas other types of loans may require 3.5% of the total cost. Other options include VA and USDA loans that require zero-down payment. Not everyone can qualify for a zero-down payment mortgage loan.