Compare 10-year ARM Mortgage Rates | Wednesday, November 4, 2026

Rates are current as of November 4, 2026 11:57 AM EST

National average mortgage rates:

10-Year ARM

APR 7.07%

-0.07% 1w

5-Year ARM

APR 6.74%

-0.06% 1w

30-Year Fixed

APR 7.07%

-0.07% 1w

5 ResultsShowing rates for: Purchase, Excellent (760-779), $500,000, 10-year ARM, Single-family, Primary residence

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5 Results for: Purchase, Excellent (760-779), $500,000, 10-year ARM, Single-family, Primary residence.

NMLS#409631

APR

6.96%

APR

6.96%

Interest rate

7.00%

Est. mo. payment

$2,503/mo

Total fees

$1,857

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The Nerdy headline

NBKC stands out for its attractive interest rates and fees, and is primarily an online lender — though its app does not have mortgage features.

Home loans overall

NerdWallet rating

4.5

What we like

Competitive interest rates and fees.
Offers most common loan types, as well as a handful of specialty loans.
Payouts are available to borrowers whose loans don’t close on time.

What we don't like

Customer service is only accessible over the phone for many mortgage customers.
Does not offer renovation loans.
Home equity products are not currently a lending priority.

NMLS#407985

APR

7.10%

APR

7.10%

Interest rate

7.25%

Est. mo. payment

$2,559/mo

Total fees

$1,964

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The Nerdy headline

Midwest-rooted Central Bank offers an online application, which you can track via mobile app. But you’ll have to contact the bank for mortgage rates.

Home loans overall

NerdWallet rating

4.0

What we like

Among the best when it comes to online convenience.
Offers a full selection of mortgage types and products, including jumbo, home equity, and government loans.
Claims to offer preapproval within 24 hours of loan application.

What we don't like

You'll have to complete a loan application to see mortgage interest rates.
Bank branch locations limited to the Midwest.
Does not offer home equity lines of credit.

NMLS#408902

APR

7.13%

APR

7.13%

Interest rate

7.38%

Est. mo. payment

$2,591/mo

Total fees

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The Nerdy headline

First Federal Bank stands out for its competitive APRs and its emphasis on government loans. Most likely to appeal to borrowers shopping for low rates and fees.

Home loans overall

NerdWallet rating

5.0

What we like

Strong experience in FHA and VA lending.
APRs tend to be competitive, according to the latest federal data.
Minimum credit score requirement of 580 for some loans, which is lower than some competitors.

What we don't like

Home equity lending is not a priority.
Customizable rates are not available online without providing contact information.

NMLS#613839

APR

7.14%

APR

7.14%

Interest rate

7.38%

Est. mo. payment

$2,591/mo

Total fees

$192

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The Nerdy headline

Farmers Bank of Kansas City offers a strong variety of loan types, competitive APRs, and a convenient online application experience. Their web tool for customizing sample rates makes comparison shopping easy, and access to representatives is quick via live chat.

Home loans overall

NerdWallet rating

5.0

What we like

Scores highly for customer experience, with a full suite of application and loan tracking features available via mobile app and online.
Offers some less common loan types to support self-employed borrowers and physicians.
APRs are more competitive than average, according to the latest federal data.

What we don't like

Reported average time to close of 30 days is on the long side, compared to other lenders surveyed by NerdWallet.
Does not offer renovation or construction loans.

NMLS#1281698

APR

7.15%

APR

7.15%

Interest rate

7.38%

Est. mo. payment

$2,591/mo

Total fees

$735

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The Nerdy headline

Real Genius, A Division of Luminate Bank is a smart pick for a do-it-yourself online quote. We’re impressed with its "no fine print” approach and options to sort and customize APR and fees. However, Real Genius, A Division of Luminate Bank does not have a mobile app and doesn’t currently prioritize home equity lending.

Home loans overall

NerdWallet rating

4.5

What we like

Easy and transparent online rate quote tool.
May accept borrowers with low credit scores.
Closes loans in an average of 30 days.

What we don't like

No mobile app.
Home equity loans and HELOCs aren’t a priority.
Not currently lending in U.S. territories.

About these rates: The lenders whose rates appear on this table are NerdWallet's advertising partners. NerdWallet strives to keep its information accurate and up to date. This information may be different than what you see when you visit a lender's site. The terms advertised here are not offers and do not bind any lender. The rates shown here are retrieved via the Mortech rate engine and are subject to change. These rates do not include taxes, fees, and insurance. Your actual rate and loan terms will be determined by the partner's assessment of your creditworthiness and other factors. Any potential savings figures are estimates based on the information provided by you and our advertising partners.

Product

Interest rate

APR

30-year Fixed

7.05%

7.06%

30-year Fixed FHA

5.38%

6.11%

30-year Fixed VA

6.43%

6.65%

20-year Fixed

6.75%

6.77%

15-year Fixed

6.25%

6.27%

10-year Fixed

6.31%

6.33%

3-year ARM

8.19%

7.46%

5-year ARM

7.00%

6.80%

7-year ARM

6.81%

10-year ARM

7.05%

7.06%

Today's 10-year ARM rates | Wednesday, November 4, 2026

Last updated 11:57 AM EST

On Wednesday morning, November 4, 2026, the average interest rate on a 10-year adjustable-rate mortgage held steady at 7.07% APR, compared to yesterday.

The 10-year ARM rate is seven basis points lower than one week ago and 96 basis points higher than one year ago.

A basis point is one hundredth of a percent, or 0.01%. We describe mortgage rates’ ups and downs in basis points because they simplify comparisons.

NerdWallet’s rates are expressed as an annual percentage rate, or APR, and our mortgage rates data comes from Zillow.

DATA: What's the Homebuying Climate this month?

NerdWallet's Homebuying Climate Index puts a familiar weather label on how favorable conditions are for home buyers.

For October, our analysis puts the Climate Index at 52.5 out of 100, keeping the index in Partly Cloudy territory for the 51st straight month.

Read more about the factors affecting this month's index to gauge how they might affect your homebuying plans.

Explore NerdWallet's Homebuying Climate IndexProprietary research based on the latest federal data

10-Year ARMs: How They Work and When to Consider One

Find and compare the best mortgage rates for a 10-year adjustable-rate mortgage.

Written by

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Last updated November 4, 2026

NerdWallet’s mortgage comparison tool can help you compare 10-year ARMs and choose the one that works best for you. Just enter some information and you’ll get customized rate quotes chosen from hundreds of participating lenders. No need to give out any personal information or go through a credit check.

What is a 10-year ARM?

A 10-year adjustable-rate mortgage, also known as a 10/6 ARM, is an adjustable-rate mortgage (ARM) with an interest rate that is initially fixed for 10 years then adjusts every six months.

A 10-year ARM typically begins with a lower introductory rate than a fixed-rate loan. After the initial fixed period, the rate adjusts twice a year based on a variety of economic and financial market factors.Rate adjustments are tied to an interest rate index, which in most cases is the secured overnight financing rate (SOFR), plus a fixed margin set by the lender.

When should you consider a 10-year ARM?

A 10-year ARM makes sense if you plan to refinance your mortgage or sell your house before the introductory rate expires, or if you expect the value of your house to rise quickly.

If you choose a 10-year ARM, you’ll likely be able to qualify for a larger loan because of the lower introductory rate. But be careful, your interest rate and monthly payment will increase after the 10-year introductory period, and it can climb substantially depending on the terms of your specific loan and the broader market.

ARM glossary

Index: The benchmark rate that reflects overall market conditions. Most ARMs use the 30-day average SOFR, which can rise or fall over time. The index is used together with the margin to determine your adjustable interest rate.
Margin: A fixed number of percentage points that the lender adds to the index to calculate the interest rate at each adjustment. The margin does not change over the life of the loan. For example, if the index rate is 3.985% and your margin is 2.75 percentage points, your interest rate would be 6.75% after rounding.
Rate cap: The maximum amount your loan’s interest rate can increase or decrease at the first adjustment, each time thereafter and over the life of the loan. Rate caps help protect borrowers from large, sudden payment changes.