{"id":801627,"date":"2026-10-13T21:24:13","date_gmt":"2026-10-13T21:24:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/801627\/"},"modified":"2026-10-13T21:24:13","modified_gmt":"2026-10-13T21:24:13","slug":"arm-demand-hits-near-four-year-high","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/801627\/","title":{"rendered":"ARM demand hits near four-year high"},"content":{"rendered":"<p dir=\"ltr\"><a href=\"https:\/\/www.mpamag.com\/us\/mortgage-industry\/industry-trends\/first-time-buyers-hold-ground-as-repeat-buyer-retreat-deepens\/589213\" rel=\"nofollow noopener\" target=\"_blank\">As fixed rates near their highest level of 2026<\/a>, brokers are fielding more inquiries from borrowers seeking a lower entry-point rate without leaving the market altogether.<\/p>\n<p>&#13;<\/p>\n<p dir=\"ltr\" lang=\"en\">Joel Kan, vice president and deputy chief economist at the Mortgage Bankers Association, says higher rates are dampening both refinance and purchase activity, with first-time and FHA borrowers feeling the pressure most. https:\/\/t.co\/J6NsbEmSbF<\/p>\n<p>&#13;<br \/>\n\u2014 Mortgage Professional America Magazine (@MPAMagazineUS) <a href=\"https:\/\/x.com\/MPAMagazineUS\/status\/2107878891314438255?ref_src=twsrc%5Etfw\" rel=\"nofollow\">October 7, 2026<\/a><\/p>\n<p>System exposure remains contained<\/p>\n<p dir=\"ltr\">Despite the demand shift, systemic risk looks limited. ICE\u2019s data show 3.1 million active ARMs outstanding,\u00a0the most in 5.5 years,\u00a0but they represent just 5.6% of the roughly 55.4 million active mortgages in the US.<\/p>\n<p dir=\"ltr\">More than 90% of ARMs originated since 2022 remain in their introductory fixed-rate periods, and the number currently operating as adjustable is at its lowest level in more than 25 years.<\/p>\n<p dir=\"ltr\">\u201cARMs are becoming more attractive to borrowers looking for relief from today\u2019s higher fixed rates, but the overall market exposure to adjustable payments remains relatively limited,\u201d said Andy Walden, head of Mortgage and Housing Market Research at ICE.<\/p>\n<p dir=\"ltr\">\u201cAnd because most newer ARMs are still in their introductory periods, only about a third of active ARMs have begun adjusting.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"As fixed rates near their highest level of 2026, brokers are fielding more inquiries from borrowers seeking a&hellip;\n","protected":false},"author":2,"featured_media":801628,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[263387,84,1294,263386,56,54,55,263388],"class_list":["post-801627","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-arm-mortgage","tag-business","tag-economy","tag-ice-mortgage","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-us-mortgage-rates"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/801627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=801627"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/801627\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/801628"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=801627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=801627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=801627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}