$120 billion in adjustable rate mortgages are scheduled to reset (their payments) at higher interest rates in the next three months. Subprime, adjustable rate loans make up about $90 billion of that.
NY Times
$120 billion in adjustable rate mortgages are scheduled to reset (their payments) at higher interest rates in the next three months. Subprime, adjustable rate loans make up about $90 billion of that.
NY Times