Adjustable-rate Mortgages (ARMs) Climb To Highest Origination Volume Share Since 2008 (Financial Crisis!)
by confoundedinterest17 ARMs?? Adjustable-rate mortgages (ARMs) have climbed to the highest origination volume share since 2008 as the yield curve steepens and bank lending demand picks up. The majority of ARM lending goes to high credit borrowers with jumbo-sized loans, which …