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Current ARM mortgage rates report for April 21, 2025

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See Monday's report on average mortgage rates adjustable-rate mortgages so you can pick the best home loan for your needs as you house shop.
As of April 21, 2025, the article on Fortune.com discusses the current state of adjustable-rate mortgage (ARM) rates, highlighting that the average rate for a 5/1 ARM is approximately 3.5%, while the 7/1 ARM stands at around 3.75%. The piece explains that these rates are influenced by various economic factors, including inflation expectations and Federal Reserve policies. It also notes that ARMs might be attractive to borrowers expecting to move or refinance before the initial fixed-rate period ends, but they come with the risk of rate increases after the initial period. The article advises potential homebuyers to consider their long-term housing plans and financial stability when choosing between fixed-rate and adjustable-rate mortgages.

Read the Full Fortune Article at:
[ https://fortune.com/article/current-arm-mortgage-rates-04-21-2025/ ]