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Current ARM mortgage rates report for May 23, 2025

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See Friday'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 May 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 broader economic factors, including inflation and Federal Reserve policies, and notes a slight increase from the previous month. 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 potential rate hikes 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-05-23-2025/ ]