10/16/2026
🏡 Did you buy a home in 2019? Your mortgage rate may be worth revisiting.
Thousands of homeowners could face their first adjustable-rate mortgage (ARM) adjustment in 2026. For some, that could mean a significant change in their monthly payment.
📈 According to the figures cited from ICE Mortgage Technology, a seven-year ARM that started at 3% in 2019 with a $548,000 balance could see a median monthly payment increase of $1,080 at its first adjustment.
What should homeowners do?
✅ Check when your mortgage rate is scheduled to adjust.
✅ Review how a potential change could affect your monthly budget.
✅ Talk with your lender about your options before the adjustment date.
If you purchased a home around 2019, now is a good time to review your mortgage terms and plan ahead.
As your real estate resource, I'm here to help you think through your options, whether that means exploring a refinance, considering a move, or simply understanding your next steps.
💬 Do you know when your mortgage rate adjusts? If you're unsure, let's start the conversation.
Source: ICE Mortgage Technology data, reported by Briefs.co, October 13, 2026.