Adjustable-Rate Mortgage (ARM) Rates

Adjustable-Rate Mortgage (ARM) Rates

The average 5/1 ARM rate is 6.25% today.

The average 5/1 ARM rate is 6.25% today.

Updated April 1, 2026

Product Rate APR Change Payment
5/1 ARM 6.25% 7.1% — 0.00% $2,463/mo
7/1 ARM 6.4% 7.05% ▼ 0.01% $2,497/mo
10/1 ARM 6.55% 6.95% — 0.00% $2,531/mo

How Do ARMs Work?

Fixed introductory rate for 5, 7, or 10 years, then adjusts periodically based on a market index. Initial rate is typically lower than fixed-rate mortgages.

Frequently Asked Questions

How much can an ARM rate increase?

Most have caps: initial adjustment (2%), periodic (1-2%), and lifetime (5-6% above initial).

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