What is a good refinance rate in Arkansas?

A “good” refinance rate in Arkansas will depend on your current financial situation and the market’s average rates.

What is a bad refinance rate in Arkansas?

Since refinancing is designed to help homeowners save, consider another option if a refinance rate is more expensive than your current mortgage rate.

What is a good refinance interest rate on a 30-year fixed-rate mortgage in Arkansas?

A “good” refinance interest rate would be less than or equal to the current 30-year FRM in Arkansas of 5.08%

What is a good refinance interest rate on a 15-year fixed-rate mortgage in Arkansas?

On average, the 15-year FRM in Arkansas is 4.44%, so rates close to this number might be a suitable option.

What is a good refinance interest rate on a 5/1 adjustable-rate mortgage in Arkansas?

To get the best deal, you should look for a rate that’s slightly below or equal to 4.51% — the average rate for a 5/1 ARM in Arkansas.

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Today’s Refinance Rates in Arkansas

Arkansas homeowners may refinance their mortgage to shorten their loan term or obtain a lower interest rate.

Natural State residents spend around $984 per month on mortgage payments — $175 less than the national average.

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Last Updated: 2/7/2023

Edited By

Morgan Hull

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Today’s Refinance Rates in Arkansas

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