Mortgage Rates Are High. Homebuyers Are Ditching Adjustable-Rate Options Anyway.
- Posted on July 1, 2026
- By International Business Times
- 1 Views
- 1 min read
Mortgage Rates Are High. Homebuyers Are Ditching Adjustable-Rate Options Anyway.
Mortgage demand remained largely unchanged last week as borrowing costs continued to move within a narrow range. At the same time, prospective homebuyers showed less interest in adjustable-rate mortgages, signaling a preference for stability despite elevated interest rates.