Business

Mortgage Market Shifts

Updated 2026-07-01 11:10 UTC 2 sources Neutral

The demand for adjustable rate mortgages (ARMs) is declining as the spread between fixed and variable rates narrows. Student-loan repayment plans are also undergoing changes, with some plans being phased out.

Coverage timeline — 2 articles

MarketWatch

Student-loan borrowers face major changes that start today. Your repayment plan may be phased out.

SAVE plan notices are going out in July, and other repayment plans are being phased out or launched.

2026-07-01 11:00 UTC

CNBC

Demand for riskier mortgages drops, as their advantages shrink

The spread between the 30-year fixed rate mortgage and adjustable rate loans is narrowing, causing demand for ARMs to weaken.

2026-07-01 11:00 UTC