Remove 2008 Remove Bracketing Remove Clients Remove Inventory
article thumbnail

ARMs race: adjustable-rate mortgages make a comeback

Housing Wire

But this year, as rates have crested 6%, about 70% of Neat’s originations are adjustable-rate mortgages, a product that until recently had fallen out of favor due to the role they played in the housing crash of 2008 and a decade-plus of fixed-rate mortgages under 5%. . It’s not a bad thing for borrowers, lenders, and loan investors.

Mortgage 349
article thumbnail

Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

In this analysis, we also show you current data along with key lessons from both the 2015 oil price crash and the 2008 great recession. For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. Remember: real estate is hyper-local!