Nearly 10% of borrowers opted for riskier mortgages last week, as rates soared over 7%

September 23, 2026

As mortgage rates rise, borrowers are seeking savings in riskier, adjustable-rate mortgages that offer lower rates.As mortgage rates rise, borrowers are seeking savings in riskier, adjustable-rate mortgages that offer lower rates.

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Nearly 10% of borrowers opted for riskier mortgages last week, as rates soared over 7%

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