Best 7/1 ARM Mortgage Rates June 2026 | As Low As 4.88%
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Today's 7/1 ARM mortgage market includes offers such as Aloha Pacific Federal Credit UnionAloha Pacific Federal Credit Union1001 Kamokila Blvd Ste 104, Aiea, HI 89123 8004A+5.0 ★Texas Ratio: 3.22% offering 7/6 ARM at 5.00%, and Actors Federal Credit UnionActors Federal Credit Union165 W 46th St, Chicago, CA 10036 1308B+4.8 ★Texas Ratio: 16.47% offering 7/1 ARM at 5.35%, and Affinity Plus Federal Credit UnionAffinity Plus Federal Credit Union1118 Mainstreet Ste 2, Albert Lea, MN 55008 4149A+5.0 ★Texas Ratio: 5.03% offering 7/6m ARM Adjustable-Rate, Conventional Purchase at 5.38%, and ConnectOne BankConnectOne Bank1 Montauk Hwy, Astoria, FL 07024A+5.0 ★Texas Ratio: 4.57% offering 7/6 ARM at 5.25%, and Aim Credit UnionAim Credit Union1200 Associates Dr, Burlington, IA 52001A+5.0 ★Texas Ratio: 5.19% offering 7/1 Year ARM at 5.62%.
A 7/1 ARM provides a fixed interest rate for the first 7 years, then adjusts annually. It sits between the shorter 5/1 ARM and a fully fixed 30-year loan — offering a lower initial rate than fixed mortgages with more time certainty than a 5/1 ARM.
7/1 ARM rates reflect the initial fixed-rate period. Your rate will adjust after 7 years based on market conditions. Last Updated and Verified: June 22, 2026
Compare 7/1 ARM Mortgage Rates Today
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80% LTV
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90% LTV
80% LTV
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Up to 1.0 points**
90% LTV
For a $250,000 Loan
For a $250,000 Loan
Offer a fixed rate for the first seven years of the loan and may vary every year after the fixed period. The maximum lifetime cap is 6%.
Adjustable Rate Mortgage (ARM) interest rates and payments are subject to increase after the initial fixed-rate period (84 months fixed; after the fixed period the interest rate will adjust once every six months).
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As Low As; 7/1 ARM
As low as
Rates change daily
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±2% Annual Cap, ±5% Lifetime Cap
Fully Indexed Rate: 6.625%; Monthly Principal and Interest Payment per $1,000 Borrowed*: $5.29 (84 payments); Monthly Principal and Interest Payment per $1,000 After First Adjustment*: $6.20 (276 payments)
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Start Rate: 5.625%; Rate: 5.625% / 6.710%
Variable; (6.060%)
Effective Date: January 28, 2026; 1st Adj Rate**: 6.375%; 1st Adj Payment**: $1,225.29
Rates effective as of 6/15/2026, 10:56:34 AM (ET). Rates are subject to change without notice based on market changes. Rates are based on a 45 day lock.
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1st Adj Rate**: 6.375%
First Cap: +/- 5.00%; Subsequent Cap: +/- 1.00%; Lifetime Cap: +/- 5.00%
84 monthly payments of $5.84, 276 monthly payments of $6.99
Fixed for 7 years and then adjusts yearly.
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Fully Indexed Rate: 6.625%
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(2)
The total repayment term for this ARM loan is 30 years or 360 payments. For the first 84 months the payment will be $936.85 with a corresponding interest rate of 5.500%; for the remaining 276 months, the estimated payment will be $1,409.58 with a corresponding interest rate of 10.500%. The interest rate and monthly payment amount may vary after the first 84 months.
All stated mortgage rates are effective as of 6/15/2026 and are based on a home rate/term refinance transaction loan amount of $187,500 with a property value of at least $250,000 and repayments term as stated. APR is Annual Percentage Rate. Rates are subject to change and based on creditworthiness. Other rates may apply. The stated APR is the lender's standard rate for a borrower with a 750 credit score. The actual rate may vary depending upon each individual's credit history and transaction specific underwriting factors. 30-year term = 360 months and applies to 30-year conventional and FHA loans. 15-year term = 180 months and applies to 15-year conventional loans. 10-year term = 120 months and applies to 10-year conventional loans. All loan programs, rates, terms and conditions are subject to change at any time without notice. Rate scenarios are based on a 30-day lock.
As Low As
80% Loan to Value
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7/1 ARM Mortgage Rate Trend
Daily average rates across all mortgage types
Daily mortgage rate averages compiled from our database of 8,500+ banks and credit unions — updated daily.
The 7/1 ARM rate fell 0.077 points over the past 7 days to 6.179%, down from 6.257% last week.
ARM Mortgage Calculators
Methodology & Data Sources
Direct-Sourced & Verified Rate Data: Every 7/1 ARM rate on this page is sourced directly from the official website of the lending institution. Adjustable-rate mortgage rates reflect the initial fixed-rate period and are verified and updated daily.
Coast-to-Coast Lender Coverage: Our database monitors over 8,500 banks and credit unions across all 50 states, capturing a diverse mix of community credit unions, regional banks, and online lenders. This breadth ensures you see competitive rates that many rate surveys miss.
Time-Stamped for Full Transparency: Because 7/1 ARM rates can shift multiple times per week in response to economic conditions and Federal Reserve policy changes, every rate entry carries its own specific "last updated" date. You always know exactly how fresh the data is.
Proprietary Lender Safety Ratings: Rate alone is only part of the picture. MonitorBankRates evaluates the financial stability of every listed institution using regulatory FDIC and NCUA data. Our composite Health Grades (A+ to F), Star Ratings, and Texas Ratio calculations give you a clear view of lender stability so you can borrow with confidence from a financially sound institution.
Frequently Asked Questions About 7/1 ARM Rates
What is a 7/1 ARM?
How does the rate adjustment work after the 7-year fixed period?
What are rate caps on a 7/1 ARM?
Who is a 7/1 ARM best suited for?
How does a 7/1 ARM compare to a 30-year fixed mortgage?
How does a 7/1 ARM compare to a 3/1 or 5/1 ARM?
What happens if I stay in the loan past the 7-year fixed period?
What is the difference between interest rate and APR on a 7/1 ARM?
How are 7/1 ARM rates determined?
What are today's best 7/1 ARM rates?
- Aloha Pacific Federal Credit Union: 5.00% (7/6 ARM)
- Actors Federal Credit Union: 5.35% (7/1 ARM)
- Affinity Plus Federal Credit Union: 5.38% (7/6m ARM Adjustable-Rate, Conventional Purchase)
- ConnectOne Bank: 5.25% (7/6 ARM)
- Aim Credit Union: 5.62% (7/1 Year ARM)
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