Relevant:
- With Fixed Rates This Low, Who Needs ARMs?
- Failing economy is good news for ARMs
- Option ARMs for Dummies: Why 4.5 Percent Mortgages Rates will do Absolutely Nothing for these Toxic Assets.
- Defaults on Some `Alt A' Loans Surpass Subprime Ones
- Countrywide's New Scare - 'Option ARM' Delinquencies Bleed Into Profitable Prime Mortgages
2008-01-17 — mortgagenewsdaily.com
'The market share of ARMs has shrunk as the interest-rate savings of ARMs relative to fixed rate mortgages (FRMs) has narrowed.'
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