Labels:chat room | clock | crt screen | hakham | monitor | plant | sky OCR: Better bargains in ARMs 10.5 FIXED 10.0 0'6 ARMS 8.0 This graph, showing the widening gap between aver- age first-year interesi rates on fixed and adjustable-rate morigages, sends a clear signal: ARMs are getling cheaper. Why? Tary track short terminteres rates which have sagged bya third of. a percenti lage point September By con trast fixed-rate mortgages follow 10-year Treasury bonds, which were holding relatively steady LRMS
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