Adjustable rate mortgages, long-term loans that provide for interest rate changes at regular intervals over their … mortgages probably account for close to 25 percent of total home mortgage debt. ; While adjustable rate mortgages (ARMs) have …

limited income. Reverse mortgages hold the promise of helping elderly homeowners out of this bind by allowing them to borrow …. ; Although reverse mortgages have been offered for more tl~an a decade, the market has never gained significant size. This … afticle demonstrates a large potential market for reverse mortgages and discusses demand and supply explanations as to why the …

mortgage’s life as with a level nominal payment mortgage, real payments on a PLAM are constant. Thus, PLAMs can be offered with … payments that for several years are likely to be substantially below those on either fixed rate or adjustable rate mortgages …. Other things equal, this rearrangement of the real payment burden allows more potential homebuyers to qualify for mortgages. …

Hispanic applicants were two to three times as likely to be turned down for mortgages as white applicants. The study gathered …