Is It Time To Rethink the Traditional Fixed-Rate Mortgage?

he housing collapse and global recession that began in 2008 was a devastating event for so many Americans, with millions losing their homes through mortgages they could not afford. Eight years later, there is still a wealth of information to be mined from that event that could be used to reshape economic policy going forward. Benjamin Keys, a Wharton professor of real estate, recently talked with Knowledge@Wharton about his research on interest rates and the real estate market.

Full Interview: http://knowledge.wharton.upenn.edu/article/rethinking-the-traditional-fixed-rate-mortgage/