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THE TAMING OF ADJUSTABLE-RATE LOANS.
- Source :
- BusinessWeek; 9/10/1984, Issue 2859, p116-117, 2p
- Publication Year :
- 1984
-
Abstract
- The article reports on the increasing concern over the financial soundness of adjustable-rate mortgages in the United States. The creditworthiness of home buyers taking them is also starting to show up in the way lenders write mortgages. Some lenders are imposing tougher income requirements on ARM borrowers or demanding larger downpayments.
- Subjects :
- ADJUSTABLE rate mortgages
MORTGAGE loans
VARIABLE rate loans
MORTGAGES
Subjects
Details
- Language :
- English
- ISSN :
- 00077135
- Issue :
- 2859
- Database :
- Complementary Index
- Journal :
- BusinessWeek
- Publication Type :
- Periodical
- Accession number :
- 18787912