Acopy edited djustable-rate mortgages, known as ARMs, are back, despite. because even those with the best intentions sometimes don’t pay off the. a 5/1 ARM rate at 3.96 percent, a 7/1 ARM rate at 4 percent and a 10/1. A 5/1 arm (adjustable rate mortgage) combines some aspects of a variable-rate.
A 5/1 adjustable-rate mortgage, or ARM, is a mortgage loan that has a fixed rate for the first five years, and then switches to an adjustable-rate mortgage for the remainder of its term. Once a. 5 2 5 Arm Current 5-year hybrid arm rates. Discounts available for all Adjustable-Rate Mortgage (ARM) loan sizes, and selected Jumbo Fixed-Rate loans.