Updated Weekly

5/1 ARM Rates

Lower initial rate for 5 years, then adjusts annually. Good for shorter-term ownership.

Sunday, May 17, 2026

Current Average Rate

6.38%
No change

10-Week Low

6.02%

10-Week High

6.42%

Rate History

Jan 1Feb 5Mar 4

Compare Lender Rates

LenderRateAPRPointsEst. Payment*Fees
National Bank
6.25%7.13%0.5$1,847/mo$2,500
Credit Union Plus
6.13%7.04%1$1,822/mo$3,200
Mortgage Direct
6.38%7.20%None$1,872/mo$1,800
Home Finance CoBest
6.00%6.96%1.5$1,799/mo$4,000
First Liberty
6.50%7.29%None$1,896/mo$1,500

*Based on $300,000 loan amount. Rates are samples for illustration purposes. Actual rates vary.

About 5/1 ARM Rates

Lower initial rate for 5 years, then adjusts annually. Good for shorter-term ownership. The current average rate is 6.38%, which has remained stable compared to last week.

Over the past 10 weeks, rates have ranged from a low of 6.02% to a high of 6.42%, a spread of 0.40 percentage points.

Rates Are Samples

Rates shown are for informational purposes. Your actual rate depends on credit score, down payment, loan amount, property type, and lender. Always compare multiple offers.

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See exactly how today's 5/1 arm rates affect your monthly payment, total interest, and affordability.

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