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Current ARM mortgage rates report for April 22, 2025

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See Tuesday'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 22, 2025, the article on Fortune.com discusses the current state of adjustable-rate mortgages (ARMs), highlighting that the average rate for a 5/1 ARM is 6.02%, while the 7/1 ARM stands at 6.15%. These rates reflect a slight increase from the previous week, influenced by economic indicators and Federal Reserve policies. The article explains that ARMs start with a fixed rate for an initial period (5 or 7 years in these cases) before adjusting annually, which can be beneficial for those planning to sell or refinance before the rate changes. It also notes that despite the rise, ARMs remain an attractive option for some borrowers due to their lower initial rates compared to fixed-rate mortgages, although they carry the risk of future rate increases.

Read the Full Fortune Article at:
[ https://fortune.com/article/current-arm-mortgage-rates-04-22-2025/ ]