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Thank you!
Thanks for sharing your thoughts with us.
HSH respects your desire for
privacy. The personal information you have submitted will not be shared with
any reporters unless you have given us your permission.
Below are the results of people
who have responded to our VoxPop question. If you'd like to share additional
info, we'd be pleased to have you take our
"Will you refinance your mortgage this spring?"
survey.
VoxPop: ARM Troubles
Response totals through September 27, 2007 |
| Selection |
% of total |
| When was the loan originated? |
2003
2004
2005
2006 |
24
39
26
12 |
| What kind of borrowers? |
Homeowner
Investor |
92
8 |
| What was the type of loan? |
Option
1/1
3/1
5/1
7/1
2/28
Other |
24
4
16
34
1
8
13 |
| Why was this kind of loan chosen? |
Affordable
Flexible
Rate
Term |
44
13
38
5 |
| Did you understand the loan terms? |
Yes
Mostly
Not Really
No |
48
31
16
4
|
| What kind of payments are being made? |
Minimum Payment
Interest-only
Fully-Amortizing |
20
31
49
|
| What troubles you about your loan? |
Rising Rates
Rising Payments
Rising Balance
No Trouble |
68
6
6
20
|
| How likely are you to refinance? |
Very Likely
Somewhat Likely
Not Likely |
56
26
19 |
Due to rounding, some totals may not equal exactly 100%.
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