Financial Profile Of ARMs Borrowers Reduces Risk Of Housing Crash

National Mortgage Professional, Aug. 26, 2022–David Krechevsky
Adjustable-rate mortgages are becoming more common as home buyers hunt for ways to save money with today’s higher mortgage rates. The result is that borrowers using ARMs are more likely to be affluent households with larger down payments, a new Zillow analysis finds, adding that this reduces the risk of a housing market crash.