Boston condo market and mortgage options n the mid-1990s when 30-year fixed mortgage rates climbed over 9%, ARM usage jumped to 35% of all mortgages. In 1999-2000 as 30-year fixed mortgage rates shot above 8%, ARM usage raged once again to 34% of all mortgages. For comparison, the percentage of homebuyers using ARMs today is just 9%, even as housing […]
source https://www.bostonreb.com/boston-condo-market-and-mortgage-options/#utm_source=rss&utm_medium=rss&utm_campaign=boston-condo-market-and-mortgage-options
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