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Current ARM mortgage rates report for May 7, 2025

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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.
On May 7, 2025, the average rate for a 5/1 adjustable-rate mortgage (ARM) was 6.125%, while the average rate for a 7/1 ARM was 6.250%, 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 can offer lower initial rates compared to fixed-rate mortgages, making them attractive to certain borrowers, but they come with the risk of rate increases after the initial fixed period. Potential homebuyers should consider their financial stability and future interest rate forecasts when deciding between ARM and fixed-rate mortgage options.

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[ https://fortune.com/article/current-arm-mortgage-rates-05-07-2025/ ]