Seattle Mortgage Rates: Best of 5/1 ARMs

While many potential homeowners are instantly drawn to fixed rate mortgage when considering a home loan, due to their reliability and popularity, you shouldn’t discount adjustable rate mortgages in your search for the best rates. Seattle mortgage rates for ARM loans are very competitive and you may find that this type of loan is a better fit for your needs.

A common type of adjustable rate mortgage is the 5/1 ARM. Below are some of the lenders in Seattle with the best interest rates for these loans.

Lowest 5/1 ARM Home Loan Rates in Seattle, WA

Americash: 2.611% APR
Pacific: 2.633% APR
Habitat Financial: 2.812% APR
CentralBanc: 2.815% APR
Cascade Equity Group, Inc: 2.838% APR

The above rates are based on a pricipal loan amount of $300,000 and are accurate as of May 19, 2011. Note that rates are subject to change at any time and you may be offered a different rate based on your credit. Contact individual lenders to verify rates before applying for a loan.