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.
Thursday, September 29, 2005
Rates on ARMs Continue to Rise
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.
Woot!
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