ARMs are a slightly more risky option, because they will adjust over time, but today's ARMs are nothing like the ones underwritten during the heady days of the last housing boom, when lenders often required no down payments and no documentation. (nbr.com)
All 50 states saw home values increase, and prices are now higher than they were at the peak of the last housing boom, although that does not account for inflation. (nbr.com)
Get a free San Diego mortgage rate quote Over the last few years, San Diego home prices rose steadily and approached the peak levels seen during the last housing boom. (bpfund.com)