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Home » Store » Taxable » ARMs Frenzy Expected to Mellow this Year, Analysts Concerned About ‘Artificial’ Demand

ARMs Frenzy Expected to Mellow this Year, Analysts Concerned About ‘Artificial’ Demand

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There is a growing concern among analysts on Wall Street that mortgage lenders are creating an artificial demand for new “affordability” mortgage products that could drive home prices further up and push the market close to saturation. But a flattening yield-curve in 2005 should let some of the steam out of the adjustable-rate mortgage juggernaut, market experts say. …
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