PenFed 5 Year Adjustable Rate Mortgage 3.718% APR

Pentagon Federal Credit Union is offering a 5 year adjustable rate mortgage as low as 3.718 APR. We were quoted this rate for a 5 year ARM, with 30 year amortization, on a conforming loan of $400,000 with .375 points, for a purchase with 20 percent down in Fairfield, Connecticut.