ICE says ARM share of mortgage rate locks nears 4-year high as 30-year fixed hits 7.2%

• ICE Mortgage Monitor flagged renewed adjustable-rate mortgage demand as rising fixed rates pushed ARM share above 11% of rate locks.
• ICE’s Conforming 30-year Fixed Rate Index hit 7.2% on Sept. 24, lifting borrower interest in lower initial ARM payments.
• Active first-lien ARMs rose to 3.1 million, the highest in 5.5 years, though they remain 5.6% of active mortgages.
• Only 1.05 million ARMs have reached their first reset, the lowest in more than 25 years, limiting near-term payment shock.
• About 74,000 7-year ARMs from 2020 are set to reset in 2027, with a median payment increase of USD 1,066.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ICE - Intercontinental Exchange Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202610050900BIZWIRE_USPR_____20261005_BW722684) on October 05, 2026, and is solely responsible for the information contained therein.