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US: An economic shock just hit the housing market | Fortune
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Topic: US: An economic shock just hit the housing market | Fortune (Read 1213 times)
rcjordan
I'm consulting the authorities on the subject
Global Moderator
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Debbie says...
US: An economic shock just hit the housing market | Fortune
«
on:
March 27, 2022, 03:06:33 PM »
https://fortune.com/2022/03/23/housing-market-interest-rate-economic-shock/
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ergophobe
Inner Core
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Re: US: An economic shock just hit the housing market | Fortune
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Reply #1 on:
March 27, 2022, 05:17:29 PM »
The good news, fewer and fewer people have ARMs.
For much of 2020, the starting rate on ARMs was actually *higher* than on 30year fixed. That reduced the appeal a fair bit...
https://www.bankrate.com/mortgages/arms-disappear-from-mortgage-market/
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rcjordan
I'm consulting the authorities on the subject
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Debbie says...
Re: US: An economic shock just hit the housing market | Fortune
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Reply #2 on:
March 27, 2022, 05:47:11 PM »
> ARMs
Just read last week that people were starting to use those again.
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US: An economic shock just hit the housing market | Fortune