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Demand for riskier mortgages drops, as their advantages shrink

The spread between the 30-year fixed rate mortgage and adjustable rate loans is narrowing, causing demand for ARMs to weaken.

1 Jul, 11:00 — 1 Jul, 11:00
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cnbcMostly Factual39d ago

Demand for riskier mortgages drops, as their advantages shrink

The spread between the 30-year fixed rate mortgage and adjustable rate loans is narrowing, causing demand for ARMs to weaken.

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Coverage Timeline

First report: cnbc · 1 Jul, 11:00Full coverage: 2 · 1mWindow: 1m
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cnbc1 Jul, 11:00First to report

Demand for riskier mortgages drops, as their advantages shrink

seeking-alpha1 Jul, 11:00Latest update

Mortgage demand decelerates, purchase applications tick up modestly

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