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[ Tue, Apr 29th ]: Newsweek
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[ Tue, Apr 29th ]: Fortune
Current ARM mortgage rates report for April 29, 2025
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[ Mon, Apr 28th ]: NewsNation
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Current ARM mortgage rates report for April 29, 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 29, 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 potential rate increases afterward. The article advises potential homebuyers to carefully consider their financial situation and future plans before opting for an ARM, and includes expert opinions on the current market trends and forecasts for future rate movements.

Read the Full Fortune Article at:
[ https://fortune.com/article/current-arm-mortgage-rates-04-29-2025/ ]