JPMorgan: Spending Rises With Predictable Rate Drops

April 20, 2017 Seth Welborn

A new JPMorgan Chase Institute report highlights the link between interest rate changes and consumer spending for homeowners with adjustable-rate vs. fixed-rate mortgages. The study, released on Thursday, could provide valuable insight to housing policy makers regarding how their actions affect the type of mortgage a homeowner chooses as well as how they impact the consumption habits of homeowners with ARMs, compared to those with fixed rates, throughout the business cycle.

The post JPMorgan: Spending Rises With Predictable Rate Drops appeared first on theMReport.com.

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