Option ARM mortgages to explode (not in a good way)

Ouch

I guess this title should be called “implosion”, not explosion.

This option ARM implosion is hurting California so bad that people are actually moving out of the state.

Related posts:

  1. Perfect example of stupid, useless, and costly lawsuits
  2. Governator, please repeal proposition 13

Leave a Reply

Your email address will not be published. Required fields are marked *

*


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>