Current ARM mortgage rates report for Oct. 27, 2025
While the bulk of homebuyers choose fixed-rate mortgages, there are cases where you might want to look closely at an adjustable-rate mortgage instead.
For example, ARMs can be a smart option for folks buying a property to rent out or flip, or intending to move within a few years
Fortune reviewed the most recent data available as of October 24, 2025. These are sample rates provided by the institutions.
About 92% of households with mortgages have fixed-rate home loans.
Finally, many buyers go out on a limb with an adjustable-rate mortgage during periods of high interest since it’s more likely to offer a lower rate upfront andon the back end,
ARMs typically start off with a low, fixed interest rate for a set period of time—such as three, five, seven or 10 years—and after the “fixed period” expires, the “adjustment period” begins.
Finally, rate caps put a limit on how much your rate can rise throughout the course of the loan.
Regardless of the specific reason, know that it is possible to refi from an ARM to a fixed-rate mortgage. In fact, it’s probably a fairly common reason for ARM holders to refinance.