Consumers and Adjustable Rate Mortgages
2004-07-26T19:33:27-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvOTIyXC8yMDA0MDcyNjE5MzQwNzAwMl9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Stephen 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.
Stephen Brobeck discussed interest rates, lending behavior, and borrowing behavior. He noted that borrowers with the least education and mar… read more
Stephen 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
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