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Declining market share of ARMs attributed to shifts in term

Daily newsbrief journal for January 2011


Declining market share of ARMs attributed to shifts in term

Postby admin » Sat Jan 01, 2011 8:36 am

Declining market share of ARMs attributed to shifts in term structure of interest rates, reduced size of jumbo mortgage market
The New York Fed released Why Is the Market Share of Adjustable-Rate Mortgages So Low?, the latest article in its series Current Issues in Economics and Finance.
http://www.newyorkfed.org/newsevents/ne ... 01228.html
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