Current ARM mortgage rates report for [DATE]

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Current ARM mortgage rates report for [DATE]

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Current ARM mortgage rates report for [DATE]

//travel-leisure.news-articles.net/content/2025/ .. /current-arm-mortgage-rates-report-for-date.html

Published in Travel and Leisure on Wednesday, April 16th 2025 at 5:26 GMT by Fortune

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

See Wednesday's report on average mortgage rates adjustable-rate mortgages so you can pick the best home loan for your needs as you house shop.

2025-05-07 312 x 156 / 121050 Bytes

On April 16, 2025, the current average interest rate for a 5/1 adjustable-rate mortgage (ARM) is 6.50%, while the average rate for a 7/1 ARM stands at 6.625%, according to data from Bankrate. These rates reflect a slight increase from the previous week, influenced by economic indicators and Federal Reserve policies. ARMs can offer lower initial rates compared to fixed-rate mortgages, making them attractive to borrowers expecting to move or refinance before the rate adjusts. However, potential borrowers should be aware that after the initial fixed period, rates can fluctuate, impacting monthly payments. It's advisable to consider one's financial stability and future plans when deciding between an ARM and a fixed-rate mortgage.

Read the Full Fortune Article at:
[ https://fortune.com/article/current-arm-mortgage-rates-04-16-2025/ ]

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Current ARM mortgage rates report for [DATE]