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ARM reset schedule

Written by A Forex View From Afar on Wednesday, March 05, 2008

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ARM reset schedule

Credit Suisse has provided an ARM Reset Schedule. The first month is January 2007, and so we are now 13 months later ready to face another spike of interest rates adjustments.

It's interesting that in the last 13 months, Fed Funds Rate have dropped, but the interest rate charged by banks and other financial institutions have actually increased. This has to change because there are another 48 months where ARM's will reset with higher rates.

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