What is the current ARM average % rate?

[TranceNation]

Does anybody know or know of a website that has this info? I'm trying to see if the 5/1 ARM rate for my home loan I was just given is comparable. thanks

 

[royaldank]

For work, I get a copy of many lenders' rates. What company and rate did you get? Just glancing over, I'd say anything 4.5 to 5.5 is probably in line.

 

[TranceNation]

i got a 5.0 from the home builder's loan company (they are partners with Wells Fargo)

 

[T2T III]

This site should provide the necessary information for you: Bankrate.Com