Mortgage Lenders Push Hybrid ARMs Again as Refis Plummet

Applications for adjustable-rate loans now make up 6% of mortgage loan requests, up from 3% at the beginning of the year, though still well below the 32% peak in 2004.

Article source: http://www.nationalmortgagenews.com/dailybriefing/Mortgage-Lenders-Push-Hybrid-ARMs-Refis-Plummet-1038274-1.html

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