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[ Thu, Apr 24th ]: Fortune
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[ Thu, Apr 24th ]: Fortune
Current ARM mortgage rates report for April 24, 2025
Wed, April 23, 2025
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[ Wed, Apr 23rd ]: Fortune
Current ARM mortgage rates report for April 23, 2025
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[ Tue, Apr 22nd ]: Parade
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[ Tue, Apr 22nd ]: Billboard
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[ Tue, Apr 22nd ]: BBC
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Current ARM mortgage rates report for April 23, 2025

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          🞛 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.
As of April 23, 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 6.5%, while the 7/1 ARM stands at around 6.75%. The piece explains that these rates are influenced by various economic factors, including inflation and Federal Reserve policies. It also provides insights into how ARMs can be beneficial for borrowers expecting to move or refinance before the initial fixed-rate period ends, but warns of the potential for higher payments if interest rates rise after the adjustment period. The article advises potential homebuyers to carefully consider their financial situation and future plans before opting for an ARM.

Read the Full Fortune Article at:
[ https://fortune.com/article/current-arm-mortgage-rates-04-23-2025/ ]