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;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2024-02-06