Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
Posted: Wed May 01, 2024 11:31 am
The share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage Bankers Association. That is the highest level of the year.
Source: https://www.cnbc.com/2024/05/01/demand- ... -year.html
Source: https://www.cnbc.com/2024/05/01/demand- ... -year.html