2.25% Mortgage Rate from LenderFi on 5/1 Conforming ARM

You can still get very low rates on an adjustable mortgage from many lenders. LenderFi is quoting the lowest 5 year conventional ARM on our rate list at 2.25 percent with 1.10 mortgage points. If you're in the market for an ARM,  you should lock in a rate before mortgage rates move any higher.

Short term interest rates will move higher if the Federal Reserve increases rates on December 16. After the strong November employment report, an increase is an almost certain now. This might be the last time we see 5 year ARMs at 2.25 percent for a while.

LenderFi has been in business since 2006 and has been a BBB accredited business since 11/15/2006. LenderFi's Nationwide Mortgage Licensing System & Registry license number is 133056. LendFi has state licenses in 44 states and the District of Columbia.

LenderFi is also quoting 5 year ARMs with different rate/point combinations. Below is a list of rates quoted this morning on a 5 year conforming ARM (California).

5 Year Adjustable Mortgage Rates from LenderFi 

  • Rate 2.25% APR 3.12% Points 1.10%
  • Rate 2.38% APR 3.14% Points 0.94%
  • Rate 2.50% APR 3.16% Points 0.10%
  • Rate 2.63% APR 3.18% Points 0.32%
  • Rate 2.875% APR 3.19% Points 0.00%

Lenders change mortgage rates on a daily basis. For a current list of this lender's rates and other lenders' rates use our rate list at RatesORama.com/Mortgage-Rates.

Loan Type
Purchase    Refinance
State/City    Zip Code
Loan Amt Points FICO % Down
in 06101, All points, 740    Sort by:
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Author: Brian McKay
December 4th, 2015