Current ARM mortgage rates report for May 6, 2025

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Housing Market Predictions For 2025: When Will Home Prices Drop?

Current ARM mortgage rates report for May 6, 2025

^{Published on 2025-05-06 04:09:55 - Fortune}

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.

On May 6, 2025, the average rate for a 5/1 adjustable-rate mortgage (ARM) in the United States was 6.00%, while the average rate for a 7/1 ARM was 6.13%, according to Bankrate data. These rates represent a slight increase from the previous week, reflecting broader trends in the mortgage market influenced by economic indicators and Federal Reserve policies. ARMs, which offer lower initial rates compared to fixed-rate mortgages, can be attractive to borrowers expecting to move or refinance before the rate adjusts, but they also carry the risk of higher payments if interest rates rise after the initial fixed period.

Read the Full Fortune Article at:
[ https://fortune.com/article/current-arm-mortgage-rates-05-06-2025/ ]

N@N

Current ARM mortgage rates report for May 6, 2025