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The vast majority of current U.S. mortgage borrowers have a fixed-rate mortgage
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Fixed Rate %
- Silent Gen: 94.9%
- Baby Boomers: 95.6%
- Gen X: 96.4%
- Millennials: 98.0%
- Gen Z: 98.7%
ARMs, among current mortgage borrowers, by generation:
- Silent Gen: 5.1%
- Baby boomers: 4.4%
- Gen X: 3.6%
- Millennials: 2.0%
- Gen Z: 1.3%
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- 8 months ago
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