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The chart shows that interest rates continue to rise on Adjustable Rate Mortgage (ARM) loans.
Credit is tightening. The bubble is under significant pressure on many fronts.
Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
Woot!
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