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.
Overview
As mortgage rates rise, borrowers are seeking savings in riskier, adjustable-rate mortgages that offer lower rates.
Source
Originally published at www.cnbc.com.
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