Consumers and Adjustable Rate Mortgages

Mr. Brobeck discussed interest rates, lending behavior, and borrowing behavior. He noted that borrowers with the least education… read more

Mr. Brobeck discussed interest rates, lending behavior, and borrowing behavior. He noted that borrowers with the least education and market experience tend to choose variable rate mortgages, which put them at high risk in a time of sharply rising interest rates. He responded to audience questions. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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Consumers and Adjustable Rate Mortgages

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Program ID:
182871-1
Category:
News Conference
Format:
News Conference
Location:
Washington, District of Columbia, United States
First Aired:
Jul 26, 2004
Last Aired:
Jul 28, 2004

Airing Details

  • Jul 26, 2004 | 10:02am EDT | C-SPAN 2
  • Jul 26, 2004 | 7:33pm EDT | C-SPAN 2
  • Jul 28, 2004 | 3:54pm EDT | C-SPAN 2
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