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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Haim R. Branisteanu who wrote (252352)7/25/2003 11:03:51 PM
From: sammaster  Read Replies (1) of 436258
 
anyone know what percent of mortgage loans are adjustable vs fixed? and what percent of loans are 1,2,5 ARMS?
the shorter the ARMS the more quickly we could see a housing bust, as the people that use arms are the ones that needed the lowest rate possible in order to buy the house and can least afford higher rates...
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