Investment
Features
FeesSafety
Academy
More
Pluang+

Mortgage rates hit 7.12%, highest since 2024, lowering loan demand and boosting adjustable-rate mortgages.

Market News
23 Sep 2026
CNBC
View Source
Bearish
Mortgage rates hit 7.12%, highest since 2024, lowering loan demand and boosting adjustable-rate mortgages.

Mortgage rates for 30-year fixed loans rose to 7.12%, the highest since 2024, causing a 1.5% drop in total loan applications. Refinancing requests fell 3% and were 62% lower than last year, hitting the lowest level since February 2025. Meanwhile, more borrowers are choosing adjustable-rate mortgages (ARMs), which now account for 9.8% of applications, as their rates are over 1% lower than fixed loans. The higher rates are cooling the housing market, with buyers and homeowners seeking cheaper loan options amid rising costs.

Mortgage riskier loans data provide context for readers. As of Sep 23, 2026 17:51 WIB, 53 of 83 Financials-sector US stocks on Pluang rose, 25 fell. Nomura Holdings Inc (NMR) rose 7.03% to USD 10.66 with 66% buy orders. Raymond James Financial (RJF) gained 3.64% at USD 165.19, fully bought. Deutsche Bank AG (DB) fell 2.69% to USD 36.55, fully bought. This snapshot shows mixed investor sentiment in financial stocks.

More News

Snap insider sells 20,000 shares amid 27% stock drop over past year

Snap insider sells 20,000 shares amid 27% stock drop over past year

A Snap insider has sold 20,000 shares as the company's stock has declined by 27% over the last year. This insider sale may signal concerns about the stock's near-term prospects or a personal decision to liquidate holdings. Investors should watch for ...

Market News
Bearish
4 hours ago
Dogecoin price expected to rise about 8.8% by October 1, 2026, according to AI forecasts amid altcoin surge.

Dogecoin price expected to rise about 8.8% by October 1, 2026, according to AI forecasts amid altcoin surge.

Dogecoin (DOGE) has gained over $171 million in market cap recently, driven by a broader altcoin rally. Three AI platforms—Grok, Gemini, and ChatGPT—forecast an average price increase to $0.1082 by October 1, 2026, suggesting an 8.82% rise from curre...

Market News
Bullish
4 hours ago
SUI price setup turns bullish with target at $1.40 after key weekly indicators align.

SUI price setup turns bullish with target at $1.40 after key weekly indicators align.

Analyst Ali Martinez identifies a bullish reversal for the altcoin SUI following an 83% drop from previous highs. Three key weekly indicators—the Tom DeMark Sequential, SuperTrend, and Parabolic SAR—have flipped to buy signals, confirming a potential...

Analyst Insights
Bullish
4 hours ago
Micron stock surges amid Wall Street's $2,000 target debate ahead of key earnings report.

Micron stock surges amid Wall Street's $2,000 target debate ahead of key earnings report.

Micron's stock has risen 18.17% this week, closing at $1,096.16, with Wall Street analysts divided on price targets ranging from hold to $2,000 ahead of its September 30 earnings report. The company expects $50 billion in revenue and $31.00 non-GAAP ...

Company Fundamentals
Bullish
4 hours ago
Bio-Techne shareholders approve Merck KGaA acquisition, deal expected to close by early 2027

Bio-Techne shareholders approve Merck KGaA acquisition, deal expected to close by early 2027

Bio-Techne shareholders have voted to approve the acquisition agreement with Merck KGaA, marking a key step toward completing the merger. The deal, which combines Bio-Techne's life science tools with Merck's global capabilities, aims to enhance suppo...

Company Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App