Comment on "ARMs did not cause the 2008 crash." Absolutely true; the question about whether they may cause an imminent one is still a good question. Rhymes-not

Comment on "ARMs did not cause the 2008 crash." Absolutely true; the question about whether they may cause an imminent one is still a good question. Rhymes-not-echoes, etc. Google cruft suggests that the number of ARMs was < 5% five years ago but has climbed recently, e.g. https://www.nbcnews.com/business/business-news/adjustable-rate-mortgage-demand-doubles-interest-rates-hit-highest-200-rcna26226 https://www.nbcnews.com/business/business-news/adjustable-ra... from April says: "The adjustable-rate mortgage share of applications last week was over 9 percent by loan count and 17 percent based on dollar volume." I would welcome informed comment on what the total outstanding % of loans by count and total volume data looks like, and in particular, insight as to whether the amounts are likely to trigger market disequilibrium...