
Rising Mortgage Rates Impact Demand, Spur Riskier Loans
Mortgage demand has seen a decline as interest rates continue to climb. This trend has simultaneously led to a surge in demand for riskier loan products.
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Rising mortgage rates cause surge in demand for riskier loans
Mortgage rates continued to rise last week, causing more borrowers to head to adjustable-rate loans, which are cheaper but considered riskier.
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