Archive for August 13th, 2006
Doomsday Ahead for Many With Adjustable Rate Mortgages?
By Hazzard - Last updated: Sunday, August 13, 2006
I keep reading about all the people that are one step from doomsday. Most of these people are dealing with adjustable rate mortgage increases. Why did they get an adjustable rate mortgage in the last couple years? From a purely financial perspective, it seemed like a riskier approach because interest rates were some of the [...]