Best 7/1 ARM Mortgage Rates August 2026 | As Low As 5.00%
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 Actors Federal Credit UnionActors Federal Credit Union165 W 46th St, Chicago, CA 10036 1308B+4.8 ★Texas Ratio: 16.47% offering Adjustable Rate Mortgages (ARMs) - 7/1 ARM at 5.35%, and JSC Federal Credit UnionJSC Federal Credit Union1280 E League City Pkwy, Alvin, TX 77017A+5.0 ★Texas Ratio: 4.52% offering Select a Mortgage Type - 7/6 SOFR ARM at 5.17%, and Aim Credit UnionAim Credit Union1200 Associates Dr, Burlington, IA 52001A+5.0 ★Texas Ratio: 5.19% offering 7/1 Year ARM at 5.50%, and Heritage Financial Credit UnionHeritage Financial Credit Union1 Hawk Dr Bldg SUNY Adminstration, Central Valley, NY 10917A5.0 ★Texas Ratio: 10.83% offering Seven/Six Adjustable (7/6m) Arm at 5.50%, 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 at 5.50%.
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: August 28, 2026
Compare 7/1 ARM Mortgage Rates Today
As Low As
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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%.
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As Low As
For a $250,000 Loan
For a $250,000 Loan
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Interest rates shown are for informational purposes only and are based on a single-family detached, owner occupied property located in California, LTV of 60%, and a credit score of at least 740. Certain interest rate and/or discount point adjustments may apply depending on loan features, LTV and credit worthiness. Maximum loan-to-value (LTV) will vary by product. APR calculations assume a loan amount of $300,000 plus fees and funding at month-end. Additional restrictions and conditions may apply.
Interest rates shown are for informational purposes only and are based on a single-family detached, owner occupied property located in California, LTV of 60%, and a credit score of at least 740. Certain interest rate and/or discount point adjustments may apply depending on loan features, LTV and credit worthiness. Maximum loan-to-value (LTV) will vary by product. APR calculations assume a loan amount of $300,000 plus fees and funding at month-end. Additional restrictions and conditions may apply.
08/26/2026 ** ARM is Adjustable Rate Mortgage. First Mortgage ARM's are amortized over up to 30 years. Loan rates, mortgage product, and conditions are based on your credit score, loan to value (equity), and personal qualifications. To obtain a specific rate and mortgage product with your personal qualifications, please contact a Lending Specialist. Rates and fees are subject to change at any time without notice. First lien mortgage position and owner occupied properties. Wisconsin properties only. Membership eligibility required.
All rates shown include a discount of 0.25% for auto charge from a Jeff Bank deposit account. Interest rate is fixed for 7 years and will then change every 12 months thereafter. The rate is based on an index, the weekly average yield on US Treasury Bill - 10 years, plus a margin. The interest rate will never increase more than 6 percentage points over the term of the loan. Add 50 basis points for mixed use (residential/farm/business).
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In 10th year $1,352.44
1st Adj Rate**: 6.375% | 1st Adj Payment**: $1,225.29
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1st Adj Rate: 6.375%, 1st Adj Payment: $3,991.76
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As Low As
As low as
(2)
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.
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.
No additional details available.
Rates are determined by loan amount, creditworthiness, loan-to value (LTV), loan term, occupancy status, property type, loan purpose, and lien position, so your rate could be higher. Advertised rates are based on a set of loan assumptions; 0 discounted points or fees, Purchase owner occupied primary properties, single family residence; warrantable condominiums; 2-4 unit properties; credit score 720 or higher; Loan-to-value 80% or below. Your actual rate, fees, payment, terms and costs could vary based on when your rate is locked, and according to the property and loan characteristics.
0 Points Option
As Low As; Initial rate fixed for seven years. Rate may increase after consummation. Based on a purchase-money loan at 80% loan-to-value and excellent credit. Rates, terms, and conditions are subject to change and credit approval. Mortgage Advantage eligibility and lender-credit requirements apply. Offer available to members who close an eligible mortgage with 1st University Credit Union on or after January 1, 2025. If you refinance that same mortgage with 1st University Credit Union within three years of the original closing date, you may qualify for a $1,500 lender credit toward eligible closing costs. The offer applies to both rate-and-term and cash-out refinances. Limit one lender credit per eligible mortgage. The credit has no cash value, cannot exceed eligible closing costs, and will be applied at the refinance closing. This limited-time offer is subject to eligibility requirements, credit approval, and other terms and conditions. 1st University Credit Union may modify or discontinue the offer at any time without prior notice.
Variable
80% Loan to Value
1st Adjustment Rate: 5.000%
Fixed for 7 years and then adjusts yearly.
±2% Annual Cap, ±5% Lifetime Cap
Fully Indexed Rate: 6.375%
First Cap: +/- 5.00%; Subsequent Cap: +/- 1.00%; Lifetime Cap: +/- 5.00%
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No additional details available.
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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 0.004 points over the past 7 days to 6.407%, down from 6.411% 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?
- Actors Federal Credit Union: 5.35% (Adjustable Rate Mortgages (ARMs) - 7/1 ARM)
- JSC Federal Credit Union: 5.17% (Select a Mortgage Type - 7/6 SOFR ARM)
- Aim Credit Union: 5.50% (7/1 Year ARM)
- Heritage Financial Credit Union: 5.50% (Seven/Six Adjustable (7/6m) Arm)
- Affinity Plus Federal Credit Union: 5.50% (7/6m ARM Adjustable-Rate, Conventional)
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