Blog

Which Households Prefer ARMs vs. Fixed-Rate Mortgages?


Abstract: Adjustable-rate mortgages appear to be more popular with younger, higher-income households that also have bigger mortgages, according to 2019 data.

Keywords: adjustable-rate mortgages; fixed-rate mortgages;

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2024-02-06