Kiplinger article regarding ARMs….discuss… – Piggington's Econo-Almanac

This topic has 2 replies, 3 voices, and was last updated 18 years, 3 months ago by Dougie944.

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February 16, 2006 at 9:59 AM #6366

ricechek
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40-year mortgage, anyone? 😛

This article claims that “about” 1/3 of all mortgages last year were ARMs. Isn’t it a higher percentage than that????

http://www.kiplinger.com/personalfinance/printstory.php?pid=5080

February 16, 2006 at 10:12 AM #23440

barnaby33
Participant

Is the evidence on percentages concrete, or anecdotal?
Josh

February 16, 2006 at 12:53 PM #23441

Dougie944
Participant

Do you know the breakdown on the timeframes of the adjustments?
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