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

According to a report by CNBC… As mortgage rates rise, borrowers are seeking savings in riskier, adjustable-rate mortgages that offer lower rates. complete report is on below link. Source: https://www.cnbc.com/2026/09/23/nearly-10percent-of-borrowers-opted-for-riskier-mortgages-last-week.html