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Current ARM mortgage rates report for May 30, 2025

As of May 30, 2025, the article on Fortune.com discusses the current state of adjustable-rate mortgage (ARM) rates. It highlights that the average rate for a 5/1 ARM is approximately 3.5%, while the 7/1 ARM stands at around 3.7%. 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.

Read the Full Fortune Article at:
[ https://fortune.com/article/current-arm-mortgage-rates-05-30-2025/ ]