Mortgage rates keep climbing, leading some buyers to riskier loans

Rising mortgage rates are creating an affordability crisis, leading some homebuyers to choose riskier loan options.
As interest rates for fixed-rate loans keep climbing, more are looking at adjustable-rate mortgages.
READ NEXT
More on the wire
AI TLDR
Blues musician Buddy Guy was honored with a sold-out concert at Radio City Music Hall shortly after his 90th birthday.
AI TLDR
Bryce Harper addressed the Philadelphia Phillies' early playoff exit, stating the team failed to achieve its goal of winning games.
AI TLDR
Francis Lee Rogers, an artist who lived and worked in Central Park, was found dead on Sunday. Authorities report she was beaten and stabbed, leaving the local community in shock.