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Adjustable-rate mortgages (ARMs) accounted for approximately 30 percent of mortgage volume at Century Communities, the ninth-largest builder in the U.S., during 1Q26.
Rick Palacios Jr. highlighted this increase, noting a rise from 25 percent in 4Q25 and a significant surge from less than 5 percent in 1Q25.
Palacios has recently tracked broader housing trends across key U.S. markets. In San Francisco, he reported that all surveyed resale agents observed rising home prices. He also noted that D.R. Horton executives cited softness in housing markets with software sector exposure.