The Decline of Cycles in the Housing Industry

  • October 4, 1986
  • • Written by: Lee Sternlight

Fall/Winter 1986, Vol 11, No 2

Abstract: The author analyzes the immediate past, present and future to understand the changing home mortgage industry. Starting with the premise that the housing industry typically foreshadows the business cycle, FRMS and ARMS are discussed regarding their impact in reducing the ups and downs in the industry.