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2. Alan Greenspan - Wikipedia

   en.wikipedia.org/wiki/Alan_Greenspan

   In a February 23, 2004, speech, [87] Greenspan suggested that more homeowners should consider taking out adjustable-rate mortgages (ARMs) where the interest rate adjusts itself to the current interest in the market. [88] The Fed's own funds rate was at a then all-time-low of 1%.

3. Daily mortgage rates for Sept. 11 2024: Rates drop for 30 ...

   www.aol.com/finance/daily-mortgage-rates-for...

   See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news. ... For a 5/1 adjustable-rate mortgage ...

4. Pros and cons of an adjustable-rate mortgage (ARM) - AOL

   www.aol.com/finance/pros-cons-adjustable-rate...

   How does an adjustable-rate mortgage work? An adjustable-rate mortgage (ARM) ... The Today Show. Girl, 8, captured on dashcam taking Mom's car on 25-minute joyride to Target. Sports.

5. Daily mortgage rates for August 1, 2024: Mortgage rates tick ...

   www.aol.com/finance/daily-mortgage-rates-for...

   The average rate on a 30-year fixed jumbo mortgage is 6.90%. Purchase rates for Thursday, August 1, 2024. 30-year fixed rate — 6.83%. 20-year fixed rate — 6.61%. 15-year fixed rate — 6.27% ...

6. Adjustable-rate mortgages: What they are and how they work - AOL

   www.aol.com/finance/adjustable-rate-mortgages...

   5/6 and 5/1 ARMs: 5/6 and 5/1 ARMs offer a fixed intro rate for the first five years of the mortgage, then switch to an adjustable rate for the remaining 25 years. 5/6 ARMs adjust every six months ...

7. Government policies and the subprime mortgage crisis

   en.wikipedia.org/wiki/Government_policies_and...

   In 1982, Congress passed the Alternative Mortgage Transactions Parity Act (AMTPA), which allowed non-federally chartered housing creditors to write adjustable-rate mortgages. Among the new mortgage loan types created and gaining in popularity in the early 1980s were adjustable-rate, option adjustable-rate, balloon-payment and interest-only ...