Nearly 10% of borrowers opted for riskier mortgages last week, as rates soared over 7%
- Posted on September 23, 2026
- By CNBC
- 0 Views
- 1 min read
In brief
Generating AI summary…
Nearly 10% of borrowers opted for riskier mortgages last week, as rates soared over 7%
As mortgage rates rise, borrowers are seeking savings in riskier, adjustable-rate mortgages that offer lower rates.