Friday, August 31, 2007

ARM Reset Schedule

Bonddad had a great post the other day on how long to expect the mortgage crisis to last. He summed it up with this graph from the Credit Suisse report:


It's going to be a long year for a lot of folks. I'm happy to see Bush is at least discussing what to do for those affected, which probably says a little sumpin' about just how big of a threat this problem really is.

1 Comments:

Anonymous Anonymous said...

The chart has been bastardized -- the huge number of option ARM resets have been excluded.

THOSE resets will impact us substantially, perhaps more than the sub-prime resets have.

10:05 AM, July 25, 2008  

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