5/1 Adjustable Rate Mortgage
Last updated 08-20-2026
CFPB
Updated 08-20-2026
5/1 Adjustable Rate Mortgage
A 5/1 adjustable rate mortgage (ARM) or 5-year ARM is a mortgage loan where “5” is the interest rate will adjust after the initial five-year period ends. The most common fixed periods carefully read the contract and ask questions if you’re considering an ARM. Learn more about how adjustable rates change (cfpb.gov/askcfpb/1949).
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