ARM Demand Hits Nearly Four-Year High On Rising Mortgage Rates
Intercontinental Exchange, Inc. (NYSE: ICE) released the October 2026 ICE Mortgage Monitor Report. The analysis finds that adjustable-rate mortgages (ARMs) are drawing renewed borrower interest as mortgage rates climb. ARMs accounted for nearly 11% of rate locks, their largest share in nearly four years, as ICE’s Conforming 30-year Fixed Rate Index surpassed 7% the week of Sept. 18.
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