Current ARM mortgage rates report for April 21, 2025

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Current ARM mortgage rates report for April 21, 2025

//travel-leisure.news-articles.net/content/2025/ .. arm-mortgage-rates-report-for-april-21-2025.html

Published in Travel and Leisure on Monday, April 21st 2025 at 3:26 GMT by Fortune

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source
🞛 This publication contains potentially derogatory content such as foul language or violent themes

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/ ]