News for hackers. Stuff that matters.

A comment on The U.S. Housing Market vs. the Canadian Housing Market. Parent comment

Re:The U.S. Housing Market vs. the Canadian Housing Market by ozr on Saturday September 09, 2023 @06:36PM (#37450996)
This isn't really a thing in the US right now. Less than 10% of mortgages are adjustable. The share of ARMs in 08 was much, much higher.
[ Parent | on HN ]
Re:The U.S. Housing Market vs. the Canadian Housing Market by ethbr1 on Saturday September 09, 2023 @10:47PM (#37452443)
*/1 ARMs are insane and shouldn't be allowed in the market.

*/5s or even */3s offer an interesting option, depending on terms.

[ Parent | on HN ]