Demand for riskier mortgages drops, as their advantages shrink

Source: cnbc July 1, 2026 · 04:00
Demand for riskier mortgages drops, as their advantages shrink
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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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The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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