Submitted by cbusoh66 t3_11dgkfu in wallstreetbets
rp2012-blackthisout t1_ja9fkmz wrote
Reply to comment by throwitawayCrypto in US Pending Home Sales Surge 8.1%, Most Since June 2020 — Bloomberg by cbusoh66
In mid-2022, adjustable-rate mortgages made up nearly 10% of all new home loan applications, according to the Mortgage Bankers Association
In 2000 it was 30%, in 2005 it was 35%.
But to help your case, in 2015 it was 5%. So yes, we're way off the highs and lows of ARMs.
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