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Mortgage rates drop for the first time in 2 months, but demand still falls further

Source: cnbc October 21, 2026 · 04:00
Mortgage rates drop for the first time in 2 months, but demand still falls further
Photo by RDNE Stock project · Pexels
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Mortgage rates finally came down a little, but borrowers are still having trouble getting into the housing market.
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CNBC

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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