Share of Adjustable Rate Mortgages Hits Highest Level Since September 2025
Mortgage rates ticked down a bit this past week but landing at 7.3%, it wasn’t enough to move the needle for buyers submitting loan applications for 30-year-fixed rate mortgages. Sitting almost a full percentage point lower, adjustable rate mortgages (ARMs) however continue to be attractive for buyers looking to start out with a lower monthly…
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