Tag Archives: Adjustable Loans

Adjustable Rate Mortgage Resets Foretell Major Problems in California’s Housing Market

Posted on March 8, 2010 by irvinerenter

This article originally appear on the Irvine Housing Blog The ARM Problem has not gone away. Today we examine an updated ARM reset schedule and consider its impact on our local housing market. it’s time for me to get away from here just … Continue reading →

Posted in Best Of The Storm, Home Economics | Tagged Adjustable Loans, Interest-Only Loans, Option-Arm Loans, Prime Loans, Recast, Reset, Shadow Inventory, Subprime Loans | Leave a comment

Ben Bernanke’s Adjustable Rate Loan Exploded

Posted on December 17, 2009 by Patrick Butterfield

Deep inside Ben Bernanke’s Time Magazine 2009 Person of the Year interview was this little gem. (HT CR) Time: What’s your interest rate? Bernanke: That I’m earning? Time: No, on your house. Do you have a mortgage? Bernanke: Oh, yes, … Continue reading →

Posted in Banking and Finance, Fresh Perspectives | Tagged Adjustable Loans, Bernanke, Refinancing | 1 Comment