Deluge of mortgage interest rate resets ahead
"The ARM resets will hit hard the subprime borrowers and therefore we have a huge amount of trouble ahead of us," said Torsten Slok, senior economist at Deutsche Bank in New York.
Real Estate Newsletter Articles this Week: FHFA Releases National Mortgage
Database
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At the Calculated Risk Real Estate Newsletter this week:
[image: FHFA Percent Mortgage Rate First Lien]*Click on graph for larger
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• FHFA’s Nationa...
6 hours ago
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