Do all those ARM's blow up the economy?
Do house prices fall, lowering taxes, which fucks City/County/State budgets?
ELI5, what would a 1-2% raise in the interest rates do to US housing?
Do all those ARM's blow up the economy?
Do house prices fall, lowering taxes, which fucks City/County/State budgets?
ELI5, what would a 1-2% raise in the interest rates do to US housing?
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