Money in Thousand Oaks news on Thursday, October 15, 2026
In Money in Thousand Oaks on Thursday, October 15, 2026: Mortgage rate forecast rises; Social Security COLA set at 3.6%. Also: Fannie Mae has sharply raised its mortgage rate forecast for 2027, pointing to higher borrowing costs ahead; More borrowers are choosing riskier mortgage products as higher interest rates strain affordability.
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- Fannie Mae has sharply raised its mortgage rate forecast for 2027, pointing to higher borrowing costs ahead.CNBC
- More borrowers are choosing riskier mortgage products as higher interest rates strain affordability.CNBC
- Social Security recipients will get a 3.6% cost-of-living increase in 2027.WBKB11.com
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