Consistently delivering highly competitive rates for 14 years!
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Today's Rates
Updated: 8/1/2014 1:05 AM EST
Apply Term Rate APR Points
Apply for Mortgage 30y Fixed 4.000% 4.028% 0.000
Apply for Mortgage 25y Fixed 4.000% 4.033% 0.000
Apply for Mortgage 20y Fixed 3.750% 3.781% 0.000
Apply for Mortgage 15y Fixed 3.000% 3.069% 0.000
Apply for Mortgage 10y Fixed 2.750% 2.750% 0.000
Apply for Mortgage 5y ARM 2.500% 2.812% 0.000
Apply for Mortgage 7y ARM 2.990% 2.898% 0.000
Apply for Mortgage 10y ARM 3.500% 4.192% 0.000
Custom Terms Available!
Loan Assumptions


There are two parts of a fixed mortgagethe term and the amortization rate. Often, people think that the term of the mortgage is the amount of time that you have to pay off the amount of the mortgage. Actually, the term refers to the amount of time that your mortgage is locked to the interest rate.

With a 5 year fixed rate mortgage, the interest rate is locked for five years. These are typically hybrid Adjustable Rate Mortgages (ARMs) where the first five years are fixed and then the interest rate can change with the market.

Choose This Loan if...

You think you might sell your home before the fixed rate ends. If you are only planning to live in your home for a few years, then a 5 year fixed mortgage makes sense. This can be a good choice for someone who is in graduate school, on a short term assignment for their company, or are purchasing their first home with the intent to buy something bigger after a few years.

You are budget conscious. Being approved for the best fixed rate mortgage means that you will know exactly how much you will pay on your home's mortgage each month. With a 5 year fixed mortgage you can stay right on your budget. This can be an effective plan for someone just entering their career and still paying off student loans.

You want to take advantage of a lower interest rate later on. Even though you are getting the best fixed rate mortgage at this time, there is always a possibility that interest rates could continue to drop. A 5 year fixed rate gives you the chance to take advantage of those lower interest rates sooner.

5 Year Fixed Mortgage Rates

Absolute Mortgage has the lowest 5 year fixed mortgage rates in the industry with 14 years of experience to help you find the right mortgage for your financial situation. Our customers know that we will do everything we can to make the mortgage process as painless as possible.

Customer Review

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Our Service Area

We provide fixed, adjustable, conventional, FHA and VA and Jumbo Loans as well as reverse mortgages and no money down loans. We also can provide special loans such as military mortgages and new construction loans.Currently we serve 23 states and by the end of 2012, we will be servicing all U.S. states.