% of ARMs and 30 yr Fixed Loans?
For example, in Q1 2006, 40% of mortage loans originated were ARM's and 50% were 30 year fixed mortgage loans. (10% other loans)
I feel that I have searched for this info forever and just keep pulling up the interest rates/percentages!
If anyone could post a website where I can find info to help me out. Thank you!
Answer:
I found a newspaper article in "The Arizona Republic" that talks about statistics for the composition of mortgages in the USA. You might try contacting the reporter who wrote the article, to see if you can get her source data.
The number for The Arizona Republic is (800) 331-9303
Ask to speak to Catherine Reagor, regarding her May 5, 2006 article. Other Questions and Answers: