30 yıllık sabit faiz 14 ayın en yüksek seviyesine ulaşırken ARM ipotek talebi arttı

ARM mortgage demand rises as 30-year fixed rate hits 14-month high

Wed, September 9, 2026 at 2:40 PM GMT+3 2 min read

Borrowers are shifting toward adjustable-rate mortgages as fixed mortgage rates climb to their highest level in more than a year, according to CNBC.

ARMs accounted for 8.5% of all mortgage applications last week, their highest share since June and a rise from 8% the prior week, according to the Mortgage Bankers Association. To put that in context, ARM demand sat at just around 3% during the pandemic's opening years, a period when fixed mortgage rates bottomed out at record levels.

The appeal of ARMs lies in their lower initial rates. The average rate on a 5-year ARM fell to 5.82% last week from 5.94% the week before. Over the same period, the average contract interest rate on a 30-year fixed-rate mortgage for conforming loan balances — $832,750 or less — climbed to 6.85% from 6.79%; points moved up to 0.67 from 0.65 on loans with a 20% down payment, origination fee included.

"Mortgage rates moved higher last week, driven by ongoing investor concerns over inflation and the federal budget deficit. The 30-year fixed rate increased to 6.85 percent, the highest since June 2025 and 36 basis points higher than a year ago," Joel Kan, MBA's vice president and deputy chief economist, said in a statement.

That rate pressure translated into a 2.7% weekly decline in total mortgage application volume on a seasonally adjusted basis, the MBA said. Refinance applications led the decline, retreating 6% over the week and landing 25% under year-ago levels, a pace not seen since May 2025. Applications to buy a home were nearly unchanged, edging down 0.2% week over week while still tracking 4% ahead of the same period last year.

"Higher mortgage rates continue to weigh on prospective homebuyers looking to act, even as housing inventory has increased in many markets," Joel Kan added.

Mortgage rates have been climbing for months. The 30-year fixed rate reached 6.66% in late July, already then a one-year high, pushed higher by investor concerns over inflation and the federal budget deficit. By mid-August, the rate had eased only slightly to 6.77%, and overall application volume had stalled as affordability pressures continued to weigh on buyers.

A separate Mortgage News Daily survey showed rates holding steady at the start of this week. The market is largely in a wait-and-see posture ahead of monthly inflation figures expected later this week, a report that has the potential to push rates notably higher or lower.