5/1 Adjustable Rate Mortgage Rate (DISCONTINUED) (I:US51ARMR)
Level Chart
Basic Info
|
5/1 Adjustable Rate Mortgage Rate is at 6.06%, compared to 5.95% last week and 2.53% last year. This is higher than the long term average of 3.89%. |
|
The 5/1 Adjustable Rate Mortgage (ARM) Rate is the interest rate that US home-buyers would pay if they were to take out a loan with a 5 year fixed rate followed by an adjustable rate for the balance of the loan period. There are many different kinds of mortgages that homeowners can decide on which will have varying interest rates and monthly payments. Immediately preceding the Great Recession the 5/1 ARM eclipsed 6%. |
| Report | Primary Mortgage Market Survey |
| Category | Interest Rates |
| Region | United States |
| Source | Freddie Mac |
Stats
| Last Value | 6.06% |
| Latest Period | Nov 10 2022 |
| Last Updated | Nov 10 2022, 12:04 EST |
| Long Term Average | 3.89% |
| Average Growth Rate | 2.14% |
| Value from Last Week | 5.95% |
| Change from Last Week | 1.85% |
| Value from 1 Year Ago | 2.53% |
| Change from 1 Year Ago | 139.5% |
| Frequency | Weekly |
| Unit | Percent |
| Adjustment | N/A |
| Notes | Average U.S. 5/1 year mortgage rate. |
Historical Data
| Date | Value |
|---|---|
| November 10, 2022 | 6.06% |
| November 03, 2022 | 5.95% |
| October 27, 2022 | 5.96% |
| October 20, 2022 | 5.71% |
| October 13, 2022 | 5.81% |
| October 06, 2022 | 5.36% |
| September 29, 2022 | 5.30% |
| September 22, 2022 | 4.97% |
| September 15, 2022 | 4.93% |
| September 08, 2022 | 4.64% |
| September 01, 2022 | 4.51% |
| August 25, 2022 | 4.36% |
| August 18, 2022 | 4.39% |
| August 11, 2022 | 4.43% |
| August 04, 2022 | 4.25% |
| July 28, 2022 | 4.29% |
| July 21, 2022 | 4.31% |
| July 14, 2022 | 4.35% |
| July 07, 2022 | 4.19% |
| June 30, 2022 | 4.50% |
| June 23, 2022 | 4.41% |
| June 16, 2022 | 4.33% |
| June 09, 2022 | 4.12% |
| June 02, 2022 | 4.04% |
| May 26, 2022 | 4.20% |
| Date | Value |
|---|---|
| May 19, 2022 | 4.08% |
| May 12, 2022 | 3.98% |
| May 05, 2022 | 3.96% |
| April 28, 2022 | 3.78% |
| April 21, 2022 | 3.75% |
| April 14, 2022 | 3.69% |
| April 07, 2022 | 3.56% |
| March 31, 2022 | 3.50% |
| March 24, 2022 | 3.36% |
| March 17, 2022 | 3.19% |
| March 10, 2022 | 2.97% |
| March 03, 2022 | 2.91% |
| February 24, 2022 | 2.98% |
| February 17, 2022 | 2.98% |
| February 10, 2022 | 2.80% |
| February 03, 2022 | 2.71% |
| January 27, 2022 | 2.70% |
| January 20, 2022 | 2.60% |
| January 13, 2022 | 2.57% |
| January 06, 2022 | 2.41% |
| December 30, 2021 | 2.41% |
| December 23, 2021 | 2.37% |
| December 16, 2021 | 2.45% |
| December 09, 2021 | 2.45% |
| December 02, 2021 | 2.49% |
News
Basic Info
|
5/1 Adjustable Rate Mortgage Rate is at 6.06%, compared to 5.95% last week and 2.53% last year. This is higher than the long term average of 3.89%. |
|
The 5/1 Adjustable Rate Mortgage (ARM) Rate is the interest rate that US home-buyers would pay if they were to take out a loan with a 5 year fixed rate followed by an adjustable rate for the balance of the loan period. There are many different kinds of mortgages that homeowners can decide on which will have varying interest rates and monthly payments. Immediately preceding the Great Recession the 5/1 ARM eclipsed 6%. |
| Report | Primary Mortgage Market Survey |
| Category | Interest Rates |
| Region | United States |
| Source | Freddie Mac |
Stats
| Last Value | 6.06% |
| Latest Period | Nov 10 2022 |
| Last Updated | Nov 10 2022, 12:04 EST |
| Long Term Average | 3.89% |
| Average Growth Rate | 2.14% |
| Value from Last Week | 5.95% |
| Change from Last Week | 1.85% |
| Value from 1 Year Ago | 2.53% |
| Change from 1 Year Ago | 139.5% |
| Frequency | Weekly |
| Unit | Percent |
| Adjustment | N/A |
| Notes | Average U.S. 5/1 year mortgage rate. |